President Trump held an Executive Order (XO) press conference in the oval office today and took questions from the assembled press pool.  Included in the executive orders was the reversal of the plastic straw ban, no more paper straws.  The President also implemented a 25% tariff rate on imported steel.  The import tariff rate for aluminum increases from 10% to 25%.

At 09:00 of the video, President Trump reads prepared remarks on the implementation of the steel tariffs. At approximately 15:00 of the video, President Trump begins taking questions from the media.  The full video of the event is below:

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(Via NBC) – President Donald Trump signed an order Monday that imposes a 25% tariff on all steel imports to the United States.

“This is a big deal,” Trump said while signing the order in the Oval Office. “The beginning of making America rich again.”

[…] Canada is the largest supplier of steel to the U.S., followed by Brazil, Mexico, South Korea and Vietnam.

Trump has floated the idea of reciprocal, tit-for-tat tariffs. According to analysts with the Capital Economics consultancy, such a scenario would, in essence, see Trump taking a more “measured” approach to trade negotiations if the threat of an across-the-board tariff, which Trump has previously mooted, is eliminated. (read more)