Trump charges: retaliate or negotiate

US President Donald Trump’s decision to put a 25% fee on all steel and aluminum imports has made it a contract to make a contract with some of the major trading partners in the United States.

The United States is a large steel importer, according to data from the US iron and steel company, which imports almost a quarter of the steel used, which claims that relies on aluminum is even greater.

Its neighbors, Canada and Mexico, as well as some allies in Asia, include its major suppliers.

Trump has said that his latest charges will come into effect from March 12 “without exceptions or exceptions”.

Here is how some countries responded to more than a month before the tax kicking.

The United States is one of the largest suppliers of two products, and Canada has a lot to lose.

“Canada has additional reasons for irritation because they are one of the largest steel supplier and one of the largest aluminum suppliers to the United States,” says Hinrich Foundation’s business expert Debora Elms.

Canada’s Industrial Minister Fran ுவ ois-Philip Campain reduced this decision and called it “completely unfair.”

In a post, X said that the Canadian Steel used in major American industries, including safety, shipbuilding and energy, that it created North America as a very competitive and secure.

Canada warned that “we will protect our businesses as we have always done, and we will always do it” and Canada’s response would be clear and “clear and measure.”

Although Trump has said he will not consider any exception, it seems that this rule can be excluded to Australia.

Australian Prime Minister Anthony Albanis said he had spoken to Trump and that the US leader was considering an exemption.

Trump, who called Alpanese “the best man,” that the US has previously explained that the US is conducting trade surplus with Australia.

“The reason they buy a lot of aircraft is because they are far away and they need a lot of flights,” Trump said. “We really have a surplus. This is one of the only countries we do.”

But despite being the world’s largest iron ore export – a major steel -making raw material – Australia’s steel exports are not significant.

According to Albanians, Australian steel is about 1% of US imports, although its steel is used by a large US military ship.

The British government has not received an official response from the British government for recent US charges, but in a statement, UK Steel said that the fees would be “devastating” to their industry.

“After the European Union, the US is our second largest export market. At the time of the decline in demand and high costs, the rising security religion in the United States, especially in the United States, the role of the UK’s trade balance that prevents our exports and damage worth $ 400 million ($ 494 million).” Steel’s Director General Gareth Stace said in a statement.

“Considering our relatively small productive levels compared to major steel countries, it is very disappointing if President Trump sees the need to target the steel,” he said, adding that other countries are at risk of “diverting” to the UK market, to avoid US charges.

On Tuesday, the Chairman of the European Commission Ursula Van Der Lainin replied, “Unreasonable fees on the EU will not be responded.”

“They will stimulate firm and proportional counterparts. The European Union will act to protect its economic interests,” he said. “I am deeply sorry for the US decision to impose fees on European steel and aluminum exports. Taxes tax – worse for business – bad for consumers.”

According to the trade group Eometell, the United States was the second largest market for iron and steel EU exports.

Trump imposed fees for both the UK and the European Union during his first term, but those restrictions were later relaxed by the Biden administration.

India’s steel secretary Sandeep Founder is said to have said that Trump’s fees will not have a higher impact, pointing out that India is exporting only a small portion of its steel to the United States.

“How much steel do we actually export to the US?” According to the PTI report, Foundrick said at an industrial event.

“We produced 145 million tonnes of steel last year, and 95,000 tonnes of them were exported to the United States.

But not everyone share this feeling.

Naveen Jindal, president of the Indian Steel Association (ISA), has said that US restrictions are “deeply concerned” that the steel makers will lead to low prices in the Indian market.

These fees are “expected to reduce steel exports to the US by 85%, which creates a large surplus, which can flood India, one of the major markets that are not trade restrictions,” he said.

According to the US Iron and Steel Company, South Korea is a large steel export to the United States.

Its steel domestic companies are used by Hyundai, Kia, Samsung and LG, all of which have factories in the United States and Mexico.

On Tuesday, Tuesday, business minister Xyong In -Qio said South Korea would “seriously consider” there is a place to negotiate with the United States – a day after the Industry Ministry held an emergency meeting with steel makers.

In 2018, when Trump imposed a 25% fee for all steel imports, Sieol was issued a discount in exchange for annual imports.

It is not clear what deals may actually be reduced or discounts may be reduced in the next month, but Eswar Prasad, an international trading policy specialist in Cornell University, may seek to diversity from the United States by selling their products for a long time.

But he says, “Trump’s fierce actions are on the other side of the world,” he says, as the strength of the US economy is compared to its most business partners.

According to Wendy Cutler, Vice President of the Asia Society Polycy Institute, US trade partners may seek satisfaction in the short term, they can decide to come back for a long time.

“Although it is a role model to work with the Trump team to avoid fees, our allies may decide that the fees are getting very quick and angry. The negotiations are not a durable way.