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:The French revolution was also successful in its struggle to achieve rights and freedom for the common populace of France. The absolute power of the French monarchy was beginning to collapse as the lower class attained more rights and privileges that allowed them to control their destiny in the government.
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Answer:
Ratification
Explanation:
THIS IS NOT VERIFIED SO IT IS NOT 100% CORRECT AND BRANLIEST WOULD BE APPRICIATED
Answer:
1
Explanation:
Earlier in the quote is states "Many circumstances hath, and will arise, which are not local, but universal", he also says it's "natural rights" of all mankind meaning every person can and should have those rights.