President Trump signs steel, aluminum tariffs Thursday
Posted: 1:58 PM, Mar 08, 2018
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<p>U.S. President Donald Trump participates in a meeting with leaders of the steel and aluminum industries at the White House March 1, 2018 in Washington, DC. Trump announced planned tariffs on imported steel and aluminum during the meeting, with details to be released at a later date. (Photo by Win McNamee/Getty Images) </p>
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."
Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.