President Donald Trump on Thursday, March 1, announced that his administration planned to impose a 25% tariff on imported steel and a 10% tariff on imported aluminum. His argument was rooted in the notion that other countries' trade practices have undermined U.S. production and could potentially compromise national security at home.
While protectionists and free trade advocates erupted into a fierce debate, the stock market tumbled. The Dow Jones Industrial Average shed 420 points, or 1.68%, on Thursday, the S&P 500 lost 1.33% and the Nasdaq declined 1.27%.
It's important, then, to know how important steel and aluminum are to the U.S. economy.
After all, as much as 55% of a car's total weight comes from steel, according to the World Steel Association. Roughly 50% of steel use goes toward buildings and infrastructure. And about 16% of steel goes toward making mechanical equipment.
Answer:
The building of the international space station
Explanation:
I got the answer wrong and this was the right answer
Well before slavery in America, there was an agreement of some sort where people would come to the new land poor and work for them for at least 7 years, however, America started to think "What if we had PERMANENT slaves which we could treat however we wanted” and then they sailed to Africa where they traded with the African leader for Negros to use.”
Answer:
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Explanation:
it was created on September 2009, in Kraków, Poland.
South Carolina was the first state to declare secession because of him because they believed, just like the nullification crisis, that Lincoln's policies were favoring north and were Against the south. Unlike the Jackson era where the thing in question was tariffs, here it was resolving about slavery.<span />