The EU warned it was “prepared” to retaliate against the latest tariffs, adding the sudden move “undermines ongoing efforts to reach a negotiated solution” between the bloc and the United States.
“Nobody’s going to get around that,“ he added in the speech before blue-collar workers in the battleground state that helped deliver his election victory last year.
Since returning to the presidency in January, Trump has imposed sweeping tariffs on allies and adversaries alike in moves that have rocked the world trade order and roiled financial markets.
Trump has also issued sector-specific levies that affect goods such as automobiles.
He added that the steel facility he was speaking in would not exist if he had not also imposed duties on metals imports during his first administration.
On Friday, Trump touted a planned partnership between US Steel and Japan's Nippon Steel, but offered few new details on a deal that earlier faced bipartisan opposition.
He added that there would be no layoffs or outsourcing of jobs by the company.
“I have to approve the final deal with Nippon, and we haven’t seen that final deal yet, but they’ve made a very big commitment,“ Trump said.
Trump in Pennsylvania said that as part of its commitment, Nippon would invest $2.2 billion to boost steel production in the Mon Valley Works-Irvin plant where he was speaking.
A proposed $14.9 billion sale of US Steel to Nippon Steel had previously drawn political opposition from both sides of the aisle. Former president Joe Biden blocked the deal on national security grounds shortly before leaving office.
The United Steelworkers union (USW) which represents thousands of hourly workers at US Steel facilities said after Trump’s speech that it had not participated in discussions involving Nippon Steel and the Trump administration, “nor were we consulted.”
“Whatever the deal structure, our primary concern remains with the impact that this merger of US Steel into a foreign competitor will have on national security, our members and the communities where we live and work,“ McCall said.
Trump had opposed Nippon Steel's takeover plan while on the election campaign trail. But since returning to the presidency, he signaled that he would be open to some form of investment after all.
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