1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
masya89 [10]
3 years ago
10

How did steel impact pur economy

History
1 answer:
Volgvan3 years ago
5 0

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.





You might be interested in
Which cities became major port cities in the south because of the slave trade.
Pavel [41]
The U.S. State of South Carolina and Columbia.
5 0
3 years ago
Why is the comptroller of public accounts so important in the legislature?
Archy [21]

The comptroller of public accounts is so important to the legislature due to the significance of their role which entails informing the legislature on expenditure. The most important role of the comptroller is telling estimating the budget and informing the legislature the amount of money it can spend on the budget.

3 0
3 years ago
Which of the following explains why colonists chose to use slaves rather than paid workers? There were not enough paid workers t
Goryan [66]
There were not enough paid workers arriving from Europe quick enough to meet the demand, so they turned towards slave labor. A
5 0
4 years ago
Why did Adolf Hitler gain power of the failing economy if the Weimer Republic?
makkiz [27]
The economy started failing, and Hitler convinced the Weimar Republic that he could help them in their time of distress and fix the economy. <span>Hitler was an extraordinary speaker and had the ability to convince people that he could bring them out of their misery. The Weimar Republic was very convinced and Hitler soon came to power of the Weimar Republic.

Hope this helped! :)</span>
8 0
3 years ago
Which aspect of Korean civilization did Chinese Confucian philosophy most impact?
timama [110]

9) The correct answer is: "a). education". Confucianism considered the activities of human life, including relationships to being sacred. The valued the development of human beings. Therefore, he promoted education in order to achieve this purpose.

10) The correct answer is "d). Military strength was the only real power at the time". The Ashikaga Dynasty was a period in which various rural governments fought each other in order to secure the shogunal throne.

11) The correct answer is "b). geographic proximity". Vietnam was subject to strong Chinese influence that even included the dominance of its territories. Throughout time Vietnam was politically and economically influenced by China.

12) The correct answer is "d). waterways". The Srivijaya Empire was an was a maritime commercial kingdom which originated in what is now Indonesia. During its expansion, it gained control of the straight of Malacca, which gave the empire vast control over sea trade in the region.

8 0
3 years ago
Read 2 more answers
Other questions:
  • Who overthrew the kamakura government? dinh tien hoang ashikaga takauji ly bi tai and nan-chao rebels
    12·2 answers
  • Who won at the battle of mid way
    11·1 answer
  • Which term best describes the cultural, economic, and social communication and connection between various groups throughout the
    12·1 answer
  • Which detail would best support the main idea that the catholic church launched the Counter-Reformation to stop the spread of Pr
    9·2 answers
  • A person who makes their fortune by bribing officials and stealing might be referred to as a:
    13·1 answer
  • Describe circumstances under which the 25th Amendment was twice enacted during the Nixon Administration.
    6·1 answer
  • How did the case of Gibbons vs. Ogden affect economic practices in the United States? (1 point)
    10·1 answer
  • When Mendel began his experiment what was the idea most scientists believed about<br> inheritance?
    7·1 answer
  • According to the South, how did the Tariff of 1828 benefit the North?
    15·1 answer
  • What comparison do you see from the cavemen people and people of today
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!