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.
<u>It refused to ratify the Treaty of Versailles or join the League of Nations.</u>
The U.S. wanted to stay out of global affairs and avoid any type of alliances and international participation that didn't serve American interests, consequently the Congress refused to ratify the Treaty of Versailles and to join the League of Nations -an international organization proposed in the treaty-.
The correct answer is Jonah. The story is that he was more or less sentenced to death when he was eaten by the whale but he came out and was alive after three days, which is similar to how Jesus emerged after three days. Jonah was very popular and is one of the prophets in the bible. He tried to escape his divine mission but eventually completed it.
