Trump will impose prices on steel and aluminum on Monday

President Trump said on Sunday that he would impose a 25% rate on all foreign steel and aluminum imports in the United States from Monday and soon announces reciprocal prices on American business partners.

Speaking of Air Force One on the way to the Super Bowl, the president said that his metal prices would apply to “everyone”, including Canada and Mexico, the American allies and its largest business partners .

“Any steel entering the United States will have a 25%price,” said Trump. “Aluminum too.”

Mr. Trump’s decision to tax foreign metals and impose reciprocal rates comes following several other commercial threats he has made since the White House victory.

Since his entry into office, Mr. Trump has imposed an additional 10% rate on all products from China and came a few hours after the imposition of scanning prices in Canada and Mexico which would have brought the rate rates Americans at a level not seen since the 1940s.

Trump has also declared in recent days that he planned to impose prices on Europe, Taiwan and other governments, as well as a variety of critical industries such as copper, steel, steel, steel, steel, steel, steel, steel, steel, steel, steel, steel, steel, steel, steel, steel aluminum, pharmaceutical products and semiconductors.