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President Trump signs steel, aluminum tariffs Thursday

Posted at 1:58 PM, Mar 08, 2018
and last updated 2018-03-08 16:03:02-05

WASHINGTON (AP) --  President Donald Trump is announcing steep tariffs on imports of steel and aluminum to address what he says is an "assault on our country."

Trump says a 25 percent tax will apply to steel imports, and 10 percent will be added to aluminum brought into the U.S.

Trump says the excess of imported steel and aluminum is a "travesty" and hurts American workers and industry.

In making the long-awaited announcement Thursday, Trump says the U.S. industry has been "ravaged by aggressive foreign trade practices."

Says Trump, "It's really an assault on our country."