During the statements made to the press at his weekly signature of executive decree, the President of the United States (United States), Donald Trump, added other pricing comments, but not necessarily clarity, to his publications on social networks earlier Friday.
Donald Trump followed comments on a possible “agreement” between US Steel and Nippon Steel, based in Japan. One of the key details missed in the Japanese-US Steel agreement is that it is an acquisition offer, not a partnership or an investment agreement. If the agreement is authorized to go through US Steel will become a subsidiary in exclusive property in Nippon Steel. While Japanese Steel has agreed to spend $ 4 billion on the construction of an additional refinery, most of the money takes the form of a buy -back of an already existing American company.
Key factory facts
We are talking about large plants. Technology has traveled a long path in safety and cost.
We need enormous electricity.
Discussions with the EU move slowly.
(On its new price threat to 50% against the EU): I am not looking for an agreement, it is set at 50%.
I could talk about delays in EU prices if they start to move plants to the United States.
We have many other offers ready to be signed.
(On its 25% proposed rate targeting Apple (AAPL) products specifically: it will be more, it will also be Samsung.
If Apple and Samsung build a plant in the United States, no price.
Cook said he would go to India, but there would always be prices that way.
If they sell in the United States, it must be built in the United States.
I don't want the consumer to pay prices. The prices help, do not hurt.
Some products in the United States do not want to manufacture, they are better elsewhere.
Us Steel will remain in America.
There will be a partnership between US Steel and Nippon Steel. Most of the investment will come in the next 14 months.
The US Steel and Nippon Steel partnership adds 14 BLN to the economy.
Price policies guarantee that steel will be done in the United States forever.
I will hold a rally in American steel on May 30.
Market reaction
Investors barely blinked by the continuous lack of clarity on the new wave of price rhetoric of President Trump, having already sold and recovered throughout the market session on the securities of the trade. The markets are moving towards the closure of the weekend prepared for a three-day weekend, leaving The US dollar index (Dxy) to sink into the lower end almost 99.00.
FAQ prices
Prices are customs duties levied on certain imports of goods or in a product category. The prices are designed to help local producers and manufacturers be more competitive on the market by providing a price advantage compared to similar products that can be imported. Prices are widely used as protectionism tools, as well as commercial barriers and import quotas.
Although prices and taxes both generate government income to finance public goods and services, they have several distinctions. The prices are prepared for the port of entry, while taxes are paid at the time of purchase. Taxes are imposed on taxpayers and individual companies, while prices are paid by importers.
There are two schools of thought among economists concerning the use of prices. While some argue that prices are necessary to protect national industries and approach commercial imbalances, others see them as a harmful tool that could potentially generate long-term prices and lead to harmful trade war by encouraging the tariffs of Tit-For-Tat.
During the presidential election in November 2024, Donald Trump clearly indicated that he intended to use prices to support the American economy and American producers. In 2024, Mexico, China and Canada represented 42% of the total American imports. During this period, Mexico stood out as the best exporter with $ 466.6 billion, according to US Census Bureau. Consequently, Trump wants to focus on these three nations during the taxation of prices. It also plans to use the income generated through prices to reduce individual income taxes.
