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.
Well the cause of a certain event in history will mean something happens.
The effect is the result of the event happening
For example. With 9/11 the cause was the twin towers collapsing. The effect would have been thousands of people dying as the result of the planes being highjacked
Answer:
Explanation: command economy = a required number of items that must be produced or provided.
quota = when a system is publicly owned and government controlled.
collective farm = agricultural unit operated by a group of workers under government control
paranoid = having the mistaken belief that others are against you or out to get you.
submit = to yield to the power or control of another
I hope this helps and that you get a good grade! Have an awesome rest of the day.
<span>C. Early historians often used information from unverifiable sources.</span>
Who were the people who first got here?
