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President Trump Discusses Tariffs on Steel and Aluminum

CNBC TelevisionAugust 7, 20251 min3,516 views
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Tariffs on Steel and Aluminum

  • 🎯 President Trump stated that tariffs on steel and aluminum from the UK are currently at 25% and will be resolved "pretty soon".
  • 💡 He mentioned that the US is a large buyer of aluminum and steel, but the goal is to make our own steel and aluminum for the most part.
  • 🤝 Regarding aluminum specifically, he noted it's already covered in a deal that has been agreed upon, and they are currently in the implementation phase.

Trade Negotiations

  • 🗣️ Trump acknowledged that negotiators can be tough but emphasized the US's position as a significant buyer.
  • 🇺🇸 The focus is on increasing domestic production of key materials like steel and aluminum.
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What’s Discussed

Steel TariffsAluminum TariffsTrade NegotiationsUS ManufacturingDonald TrumpStockholm Press ConferenceUK Trade
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