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US:Airlines must now provide refunds to passengers for canceled or delayed flights under new regulations

admin by admin
April 24, 2024
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Trump doubles steel tariffs to 50% in major policy move President Donald Trump announced on Friday that he would raise tariffs on steel imports to 50%, doubling the current 25% rate. Speaking at a US Steel plant in West Mifflin, Pennsylvania, Trump described the move as a “major announcement” aimed at protecting American steelworkers. He explained that while he initially considered a 40% tariff, industry leaders pushed for 50%, saying the lower rate was easier to bypass. The new tariff is set to take effect on Wednesday, June 4. Trump praised the tariffs for reviving the US steel industry, warning that without them, American steel production would have vanished and factories shuttered. However, higher tariffs could increase costs for construction and manufacturing, industries Trump has sought to support. Since the initial 25% tariff imposed in March, domestic steel prices have risen due to reduced foreign competition. Using national security powers under Section 232, Trump justified the increased tariffs. The US imported $31.3 billion in iron and steel last year, with Canada being the largest supplier. Trump also highlighted his approval of Japan’s Nippon Steel acquiring a controlling interest in US Steel—a deal he initially opposed but ultimately accepted after safeguards were added, including a “golden share” allowing US oversight. Trump celebrated these actions as significant wins for steelworkers, calling the day “one of the biggest” in their lives, and invited workers onstage to join in the celebration.

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Today, the Transportation Department unveiled a new mandate that airlines must offer rapid and automated refunds to passengers affected by flight delays and similar issues.

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Trump doubles steel tariffs to 50% in major policy move    President Donald Trump announced on Friday that he would raise tariffs on steel imports to 50%, doubling the current 25% rate. Speaking at a US Steel plant in West Mifflin, Pennsylvania, Trump described the move as a “major announcement” aimed at protecting American steelworkers. He explained that while he initially considered a 40% tariff, industry leaders pushed for 50%, saying the lower rate was easier to bypass. The new tariff is set to take effect on Wednesday, June 4. Trump praised the tariffs for reviving the US steel industry, warning that without them, American steel production would have vanished and factories shuttered. However, higher tariffs could increase costs for construction and manufacturing, industries Trump has sought to support. Since the initial 25% tariff imposed in March, domestic steel prices have risen due to reduced foreign competition. Using national security powers under Section 232, Trump justified the increased tariffs. The US imported $31.3 billion in iron and steel last year, with Canada being the largest supplier. Trump also highlighted his approval of Japan’s Nippon Steel acquiring a controlling interest in US Steel—a deal he initially opposed but ultimately accepted after safeguards were added, including a “golden share” allowing US oversight. Trump celebrated these actions as significant wins for steelworkers, calling the day “one of the biggest” in their lives, and invited workers onstage to join in the celebration.
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Trump doubles steel tariffs to 50% in major policy move President Donald Trump announced on Friday that he would raise tariffs on steel imports to 50%, doubling the current 25% rate. Speaking at a US Steel plant in West Mifflin, Pennsylvania, Trump described the move as a “major announcement” aimed at protecting American steelworkers. He explained that while he initially considered a 40% tariff, industry leaders pushed for 50%, saying the lower rate was easier to bypass. The new tariff is set to take effect on Wednesday, June 4. Trump praised the tariffs for reviving the US steel industry, warning that without them, American steel production would have vanished and factories shuttered. However, higher tariffs could increase costs for construction and manufacturing, industries Trump has sought to support. Since the initial 25% tariff imposed in March, domestic steel prices have risen due to reduced foreign competition. Using national security powers under Section 232, Trump justified the increased tariffs. The US imported $31.3 billion in iron and steel last year, with Canada being the largest supplier. Trump also highlighted his approval of Japan’s Nippon Steel acquiring a controlling interest in US Steel—a deal he initially opposed but ultimately accepted after safeguards were added, including a “golden share” allowing US oversight. Trump celebrated these actions as significant wins for steelworkers, calling the day “one of the biggest” in their lives, and invited workers onstage to join in the celebration.

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  • Trump doubles steel tariffs to 50% in major policy move President Donald Trump announced on Friday that he would raise tariffs on steel imports to 50%, doubling the current 25% rate. Speaking at a US Steel plant in West Mifflin, Pennsylvania, Trump described the move as a “major announcement” aimed at protecting American steelworkers. He explained that while he initially considered a 40% tariff, industry leaders pushed for 50%, saying the lower rate was easier to bypass. The new tariff is set to take effect on Wednesday, June 4. Trump praised the tariffs for reviving the US steel industry, warning that without them, American steel production would have vanished and factories shuttered. However, higher tariffs could increase costs for construction and manufacturing, industries Trump has sought to support. Since the initial 25% tariff imposed in March, domestic steel prices have risen due to reduced foreign competition. Using national security powers under Section 232, Trump justified the increased tariffs. The US imported $31.3 billion in iron and steel last year, with Canada being the largest supplier. Trump also highlighted his approval of Japan’s Nippon Steel acquiring a controlling interest in US Steel—a deal he initially opposed but ultimately accepted after safeguards were added, including a “golden share” allowing US oversight. Trump celebrated these actions as significant wins for steelworkers, calling the day “one of the biggest” in their lives, and invited workers onstage to join in the celebration.
  • Trump Says Goodbye to Elon Musk From Oval Office: ‘We’ll Remember You’

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