Washington (AP): President Donald Trump said he will announce on Monday that the United States will impose 25% tariffs on all steel and aluminium imports, including from Canada and Mexico, as well as other import duties later in the week.
"Any steel coming into the United States is going to have a 25% tariff," he told reporters Sunday on Air Force One as he flew from Florida to New Orleans to attend the Super Bowl. When asked about aluminium, he responded, "Aluminum, too" will be subject to the trade penalties.
Trump also reaffirmed that he would announce "reciprocal tariffs" — "probably Tuesday or Wednesday" — meaning that the U.S. would impose import duties on products in cases where another country has levied duties on U.S. goods.
"If they are charging us 130% and we're charging them nothing, it's not going to stay that way," he told reporters.
Trump's comments are the latest example of his willingness to threaten, and in some cases impose, import taxes. Tariffs are coming much earlier in his presidency than during his previous four years in the White House, when he prioritised tax cuts and deregulation. Trump has alternately said he sees import taxes as tools to force concessions on issues such as immigration, but also as a source of revenue to help close the government's budget deficit.
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New Delhi (PTI): A Delhi court on Saturday reserved its order on police's plea seeking five-day custody of the four Indian Youth Congress (IYC) workers, who were arrested for protesting at the AI Impact Summit venue a day ago.
The arrested IYC workers were produced before Judicial Magistrate Ravi, who reserved the order after completion of arguments.
The arrested protesters were Krishna Hari, national secretary of Youth Congress from Bihar; Kundan Yadav, IYC state secretary, Bihar; Ajay Kumar, IYC state president, Uttar Pradesh; and Narasimha Yadav from Telangana.
Delhi Police sought five-day custody of the arrested protesters, arguing that they raised anti-national slogans and wore T-shirts with objectionable images of Prime Minister Narendra Modi.
The counsel for the accused argued that they were associated with a political party, and had exercised their democratic right to peaceful protest at Bharat Mandapam.
He said there was no footage proving that they attacked police officers, nor any evidence that an anti-national speech was made.
The court is expected to pass its order shortly.
