is a lot bigger than just the steel industry. yes, you need to put this into proper perspective. the impact on the cost of a car will be about one-half of 1% to three-quarters of 1% depending on the price of the car itself. the impact on a can of beer will be a fraction of 1%. beer sells for over a dollar a can. impact on bumble bee tuna packages again trivial so it isn t the important fact that there are more people working in steel consuming industries than in steel producing. the important fact is how trivial these amounts are relative to their business. that s the proper measure. maria: are you expecting retaliation? should we expect international steel makers, aluminum makers to start raising prices? start retaliating and putting
there. i hope the president doesn t really do this. if he does, it s just going to be a huge tax on american citizens. and it s going to discombobulate our economy here. what s been allowed to you go on for decades is disgraceful. s it disgraceful. we need great steelmakers. great aluminum makers for defense. it s a quick trip to florida this weekend. the president will leave little later today after only being here about 24 hours. last night he attended a dinner with rnc donors. pete, griff, ainsley? pete: that s a big campaign promise the president made that he would level the playing field on these trade deals. if you feel like another tweet he put out, which i really like was if you don t have steel or industrial base, you don t have a country. ultimately you are vulnerable if you can t make these things yourself. you have to make aircraft carriers and tanks and airplanes. if you don t have that industrial base here, you are inherently vulnerable in
company can t make aluminum and without steel and aluminum, your country isn t safe. we need it for defense. we need great steel makers, great aluminum makers for defense. we ll probably see you sometime next week. we ll be signing yit in and you ll have protection for the first time in a long while, and you ll have to regrow your industries. mr. secretary, thank you very much for being here. we appreciate it. mr. secretary, thank you very much. and we ll see you next week. thank you, everybody. thank you very much. [ inaudible question ] 25, period. it will be 25% for steel, 10% for aluminum.
aluminum, your country is not the same. we need it. we need it even for defense. if you think. we need it for defense. we need great steel makers. great aluminum makers for defense. so, we will probably see you some time next week. we will be signing it in. you have protection for the first time in a long while and you are going to regrow your industries. that s all i m asking. you have to regrow your industries. mr. secretary, thank you very much for being here. we appreciate it mr. secretary, thank you very much. and we will see you next week. thank you, everybody. thank you very much. [reporting shouting] unlimited period. 25% for steel, it will be 10% for aluminum. it will be for a long period of time. thank you very much, sir. thank you.