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:
Falling wages, worsening working conditions, and rising unemployment caused growing discontent among workers, which led to work stoppages and strikes
Explanation:
the civil war started in April 12, 1861 and ended in April 9, 1865. the cause of the civil war was because the north was not tolerating slavery as being in our country (United States of America) and so they came with the solution of the civil war
Answer: Cultural Convergence
Explanation: Converge - (A number of things) gradually change so as to become similar or develop something in common
Answer:
They sent an army,
Mexico had a problem with the fredonian rebellion so they sent an ARMY.
