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The paper trail Story 654

US50percent foreign steel tariffs

Trump cites this sector-specific tariff in his Iowa steel-plant announcement;the source does not establish its legal start date or an April2025 reciprocal-program link.

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  1. Donald Trump
    Trump

    United States

    Statement summary

    Trump announces Masabi Metallics' new mega steel plant in Iowa

    Trump announces Masabi Metallics' new mega steel plant in Iowa and notes the project will create thousands of new jobs.

    Source excerpt

    President Trump announces Masabi Metallics' new mega steel plant in Iowa. 🇺🇸. Today we're thrilled to announce that Msabi Metallics will be building the largest geo plant in American history in the great state of Iowa. It's the largest plant, one of the largest plants in the world, but it's the largest plant in America by far. This steel will be mined, melted, and made right here in the USA, which is something very unusual. The project is expected to create up to 6,000 new construction jobs, nearly 2,000 manufacturing and mining jobs, and add another 95 billion dollars to the US economy, which is the number one economy in the world by far. We have the best economy we've ever had. We're building 21 trillion dollars worth of plants and others. Now, I think we can add this to it. I'm not even including this, but this is a tremendous investment and it's going to be over the next 10 years...

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  2. Donald Trump
    Trump

    United States

    Statement summary

    Trump says Canada will negotiate within three or four weeks

    Trump says Canada will negotiate within three or four weeks. Trump says the import ban will bring Canada to negotiations.

    Source excerpt

    Stocks Waver Ahead of Jobs Data; Trump to Meet Tech CEOs on AI. VONNIE: 5:00 IN NEW YORK CITY, 10:00 IN LONDON. LET'S GET YOU SET UP FOR THE DAY. EQUITY AND BOND SELLOFFS TAKING A PAUSE AFTER TREASURY YIELDS HIT MULTIYEAR HIGHS WITH JOBS DATA AND CONSUMER CONFIDENCE DATA ON DECK. OPENAI HITS THE BRAKES TO SET STRONGER SAFEGUARDS. TECH LEADERS EXPECT TO MEET WITH PRESIDENT TRUMP LATER TODAY. GOLDMAN SACHS COO REPORTEDLY INCHING CLOSER TO THE TOP SEAT TO SUCCEED DAVID SOLOMON. LET'S CHECK MARKETS AROUND THE WORLD BEGINNING IN TOKYO. >> WE HAVE SEEN A BIT OF A PAUSE IN THE BOND SELLOFF BUT STILL WEIGHING ON EQUITY SENTIMENT HERE IN ASIA ESPECIALLY IN JAPAN THE BROADER INDEX DOWN MORE THAN 1% MOSTLY DUE TO BANKS, WORRYING ABOUT HOW FAR YIELDS ARE RISING AND THE ECONOMIC OUTLOOK. WE KNOW A LOT OF JAPANESE MEGABANKS IN PARTICULAR HAVE A LOT OF EXPOSURE TO THAT U.S. MARKET. NOW TAKE A LOOK AT...

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To be continued. Probably.Back to the beginning