<span>The symbol of deindustrialization is Rust Belt. The Rust Belt is a term for the area of the United States from the Great Lakes to the upper Midwest States, alluding to monetary decrease, populace misfortune, and urban rot because of the contracting of its once-intense modern division, otherwise called deindustrialization.</span>
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.
In the early 19th century, Napoleon's occupation of Spain led to the outbreak of revolts all across Spanish America. On September 16, 1810, Miguel Hidalgo y Costilla, a Catholic priest, launched the Mexican War of Independence with the issuing of his Grito de Dolores, or “Cry of Delores.
Answer:
Ways the US Constitution overcame the weaknesses of the Articles of Confederation were giving Congress the power to tax, creating additional branches of government,
Explanation: