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.
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It was "Jan van Eyck" who was a northern European Renaissance artist who was one of the first to paint on wood panels with oil paint, although it should be noted that he was not the only one doing so at the time.
Answer: all qualified voters
Explanation:
The treaty of Brest-Litvosk was a peace treaty signed on March 3, 1918 the new Government of Russia and the central powers (German empire, Austria-Hungary, Bulgaria, and the Ottaman Empire, the ended the Russia’s participation in WW1