3.6 • 5.1K Ratings
🗓️ 30 May 2025
⏱️ 5 minutes
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0:00.0 | He says it will secure the steel industry in the U.S. |
0:05.3 | I'm Lisa Salisara, Fox News. |
0:07.5 | We are going to be imposing a 25% increase. |
0:13.3 | We're going to bring it from 25% to 50% the tariffs on steel into the United States of America. |
0:20.7 | President Trump, with that announcement during a rally this evening with U.S. steel workers, |
0:24.6 | the president announcing a deal has been struck between the Pittsburgh company and Japan-based |
0:29.0 | Nippon's deal that will keep the company's headquarters in the U.S., though the details of the deal |
0:34.2 | have not been announced. |
0:35.7 | Meanwhile, the president claims China has violated the |
0:38.2 | terms of its tariff agreement, which reduced tariffs on goods from Beijing for 90 days. |
0:42.9 | It seems the president is very upset with what China has committed and the actions by the Chinese. |
0:49.2 | Here's the president. |
0:50.0 | They violated a big part of the agreement we've made. |
0:53.2 | If you read that whole statement, it was very nice to them, I helped them because they were in trouble with the stoppage of a massive amount of business. |
1:01.7 | But I'm sure that I'll speak to President Xi, and hopefully we'll work that out. |
1:05.9 | So the Chinese embassy released a statement saying this. |
1:08.4 | Recently, China has repeatedly raised concerns with the U.S. regarding its abuse of export control measures in the semiconductor sector and other related practices. |
1:17.9 | The Trump administration believes China needs another push. |
1:20.6 | Fox businesses, Edward Lawrence. Elon Musk got an Oval Office sendoff this afternoon as he ends his time at the Department of Government Efficiency. |
1:27.7 | The Doge team is doing an incredible job. They're going to continue doing an incredible job. |
1:32.0 | And I'll be, and I'll continue to be visiting here and be a friend and advisor to the president. |
1:40.0 | Doge claims had saved the government nearly $200 billion far short of the trillion-dollar goals set by Musk. |
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