President Donald J. Trump produces 232 tariffs – the white house restored –

• President Trump took measures to protect America’s critical steel and aluminum industry, which were damaged by unfair trade practices and global overcapacities.

• President Trump resumes the full 25% tariff for steel imports and increases the tariffs for aluminum imports to 25%.
  • The most important reforms include the elimination of all alternative agreements, the application of strict “melted and cast” standards, the expansion of the tariffs to important downstream products, the termination of all general exclusions and the incorporation of tariff misalignment and mandatory failures.
• The countries of Argentina, Australia, Brazil, Canada, Japan, Mexico, South Korea, the European Union, Ukraine and the United Kingdom had received exceptions that prevented the tariffs.
  • By granting exceptions to certain countries, the United States accidentally created gaps that were used by China and others with excess steel and aluminum capacity, which undermined the purpose of these exceptions.
• The President practices his authority in accordance with Section 232 of the 1962 Trade Experience Act to adapt the imports of steel and aluminum to protect our national security.
  • This law gives the President the authority to adapt imports in the United States in sizes or possibly that affect national security.
  • In March 2018, President Trump called for authority in accordance with Section 232 of the 1962 (19 USC § 1862) Commercial Experience Act to impose 25% tariffs for steel imports and 10% tariffs on aluminum. These measures were remarkably effective in supporting relaxation and reinvestment in the American steel industry and saved the domestic primary aluminum industry from the total collapse. However, exemptions and gaps have made it possible to avoid the tariffs and weakened the effectiveness of the program.
  • The tariffs of the program revived in Section 232 in steel and aluminum tariffs support the original goal of the program to revitalize the domestic steel and aluminum industry and to achieve sustainable capacity utilization of at least 80%.

Restoration of fairness on steel and aluminum markets: President Trump take measures to end unfair trade practices and the global deposits of steel and aluminum.

• Foreign nations have flooded the US market with cheap steel and aluminum, which were often subsidized by their governments.
• A report by the first Trump government showed that steel import levels and global surplus weakens our domestic economy and impair national security.
  • The report showed that excess production and capacity, especially in China, was an essential factor for the decline in domestic aluminum production.
• While the domestic steel industry used 80% in 2021, the subsequent trade pressure after the Covid 19 pandemic has depressed domestic production. In 2022 and 2023, the capacity utilization fell to 77.3% and 75.3%. High import volumes from sources that are freed from the tariffs 232 are an essential factor for the oppression of domestic production volumes.
• For aluminum, the capacity utilization rate rose from 40% to 61% during this period between 2017 and 2019. Since 2019, the utilization of aluminum capacity has repeatedly decreased from 61% to 55% between 2019 and 2023.
• The United States does not want to be in a position in which it could not satisfy the demand for national defense and critical infrastructure in a national emergency.

Strengthening the American production industry: President Trump’s decision to close existing gaps and exceptions will strengthen the steel and aluminum industry of the United States.

• During his first term, President Trump imposed the tariffs of Section 232 to protect the American steel and aluminum industry from unfair abroad.
• The steel tariffs that President Trump implemented led to thousands of jobs and higher wages in the metal industry.
  • These tariffs were celebrated as a “blessing” for the iron ore industry in Minnesota, with state officials approving the tariffs for strengthening the local economy.
  • Steel and aluminum imports drastically decreased under President Trump and fell by almost a third from 2016 to 2020.
  • The tariffs led to a wave in investments in the United States, with more than 10 billion US dollars being committed to building new mills.
• It was recently announced that Hyundai Steel actively consider a steel mill in the USA.
• The American Iron and Steel Institute and the Steel Manufacturers Association, including the America First Trade Policy, praised President Trump.

Customs work: Studies have repeatedly shown that in contrast to public rhetoric, tariffs can be an effective instrument to achieve economic and strategic goals.

• A study of 2024 on the effects of President Trump’s tariffs in his first government showed that they “reinforced the US economy” and led to a significant shift in industries such as production and steel production.
• A report 2023 by the US International Commerce Commission, in which the effects of section 232 and 301 tariffs praise to more than 300 billion US dollars of the US.
• According to the Economic Policy Institute, which was implemented by President Trump during his first government, “clearly no correlation with inflation” shows and had only a temporary impact on the total price level.
• An analysis of the Atlantic Council showed that “tariffs would create new incentives for US consumers to buy US products.”
• The former secretary of Biden Treasury, Janet Yellen, confirmed last year that the tariffs do not increase prices: “I do not think that American consumers will have a meaningful increase in prices with which they are confronted.”
• An economic analysis of 2024 showed that a global custom of 10% increased the economy by $ 728 billion, creating 2.8 million jobs and increasing the income of the real budget by 5.7%.