Trump campaign switches gears to confront a Harris challenge

ABOARD AIR FORCE ONE: US President Donald Trump said on Sunday he will introduce new 25 percent tariffs on all steel and aluminum imports into the US, on top of existing metals duties, in another major escalation of his trade policy overhaul.
Trump, speaking to reporters on Air Force One on his way to the NFL Super Bowl in New Orleans, said he will announce the new metals tariffs on Monday.
He also said he will announce reciprocal tariffs on Tuesday or Wednesday, to take effect almost immediately, applying them to all countries and matching the tariff rates levied by each country.
“And very simply, it’s, if they charge us, we charge them,” Trump said of the reciprocal tariff plan.
The largest sources of US steel imports are Canada, Brazil and Mexico, followed by South Korea and Vietnam, according to government and American Iron and Steel Institute data.
 

By a large margin, hydropower-rich Canada is the largest supplier of primary aluminum metal to the US, accounting for 79 percent of total imports in the first 11 months of 2024.
“Canadian steel and aluminum support key industries in the US from defense, shipbuilding and auto,” Canadian Innovation Minister Francois-Philippe Champagne posted on X.
“We will continue to stand up for Canada, our workers, and our industries.”

Trump also said that while the US government would allow Japan’s Nippon Steel to invest in US Steel, it would not allow this to become a majority stake.
“Tariffs are going to make it very successful again, and I think it has good management,” Trump said of US Steel.
Nippon Steel declined to comment on the latest announcements from Trump.

Quota questions
Trump during his first term imposed tariffs of 25 percent on steel and 10 percent on aluminum, but later granted several trading partners duty-free exemptions, including Canada, Mexico and Brazil. Mexico is a major supplier of aluminum scrap and aluminum alloy.
Former President Joe Biden later negotiated duty-free quota arrangements with Britain, the European Union and Japan. It was not immediately clear from Trump’s announcement what will happen to those exemptions and quota arrangements.
“Quebec exports 2.9 million tons of aluminum to (the US), that is, 60 percent of their needs. Do they prefer to get supplies from China?” Francois Legault, premier of Quebec, said on X.
“All this shows that we must begin to renegotiate our free trade agreement with the United States as soon as possible and not wait for the review planned for 2026. We must put an end to this uncertainty.”
Steel mill capacity usage jumped to levels above 80 percent in 2019 after Trump’s initial tariffs, but has fallen since then as China’s global dominance of the sector has pushed down steel prices. A Missouri aluminum smelter revived by the tariffs was idled last year by Magnitude 7 Metals.

Matching rates
Trump said he would hold a news conference on Tuesday or Wednesday to provide detailed information on the reciprocal tariff plan, adding that he first revealed on Friday that he was planning reciprocal tariffs to ensure “that we’re treated evenly with other countries.” The new US president has long complained about the EU’s 10 percent tariffs on auto imports being much higher than the US car rate of 2.5 percent. He frequently states that Europe “won’t take our cars” but ships millions west across the Atlantic every year.
The US, however, enjoys a 25 percent tariff on pickup trucks, a vital source of profits for Detroit automakers General Motors , Ford and Stellantis’ US operations.
The US trade-weighted average tariff rate is about 2.2 percent, according to World Trade Organization data, compared to 12 percent for India, 6.7 percent for Brazil, 5.1 percent for Vietnam and 2.7 percent for European Union countries.

Border steps
In a separate Fox News interview, Trump said Canada’s and Mexico’s actions to secure their US borders and halt the flow of drugs and migrants are insufficient ahead of a March 1 tariff deadline.
Trump has threatened to impose tariffs of 25 percent on all Mexican and Canadian imports unless America’s two largest trading partners take stronger actions. He paused the tariffs until March 1 after some initial border security concessions from the two countries, with Mexico pledging to add 10,000 National Guard troops to its border and Canada deploying new technology and personnel and taking new anti-fentanyl steps.
Asked whether Mexico’s and Canada’s actions were good enough, Trump replied: “No, it’s not good enough,” Trump said. “Something has to happen, it’s not sustainable, and I’m changing it.”
Trump did not say what Canada and Mexico needed to do to avoid broad tariffs on March 1.
 

BERLIN: German Chancellor Olaf Scholz described President Donald Trump’s suggestion that the US could take ownership of the Gaza Strip, relocate its population and redevelop it as a “scandal” in a pre-election debate Sunday. His main challenger also voiced unease but suggested there’s “a lot of rhetoric” coming from Washington.
The center-left Scholz and center-right challenger Friedrich Merz, the front-runner in the Feb. 23 election, discussed top domestic issues such as Germany’s struggling economy and migration, and also addressed foreign policy three weeks into Trump’s new term.
Asked what he made of Trump’s proposal to redevelop Gaza into “the Riviera of the Middle East,” Scholz replied: “A scandal. Besides that, a really terrible expression,” given the extent of the destruction that is now visible there.
“The relocation of populations is unacceptable and against international law,” he added in the debate on ARD and ZDF public television. He pointed to the position of Egypt and Jordan.
“I share this assessment,” Merz said. “But it is one of a whole series of proposals coming from the American administration that are certainly disconcerting, but one has to wait and see what is really meant seriously and how it is implemented — there’s probably a lot of rhetoric in this.”
The two candidates differed in their assessment of a Trump order directing the federal government to recognize only two sexes — male and female. Merz said it “is a decision I can understand.”
“I think it’s inappropriate,” Scholz said. “Every person should be happy the way they want to be happy.”
Merz said the new US president is “predictably unpredictable.” He said that “there are significant concerns on this side of the Atlantic about what else is coming; so it’s all the more important that we on this side of the Atlantic are as united as possible.”
He said that, if elected, he would put a great deal of effort into ensuring such European unity.
Scholz said that his strategy for dealing with Trump is “clear words and friendly conversations.” He pointed to his public statements after Trump said he wouldn’t rule out the use of military force to take control of the Panama Canal and Greenland that all countries must respect existing borders.
He also pointed to the importance of European unity and said he and other countries are working on proposals to increase NATO’s presence in Greenland.
Asked about a response to possible US tariffs against the EU, Scholz said: “We are prepared ... We can act in an hour as the European Union.”