It is reported that Donald Trump plans to impose punitive tariffs of 25% on steel and 10% on aluminium imported into the United States, and the European Union has announced severe retaliation plans.
It’s been announced that Trump has plans,
For metals used in cars and cans,
To soon be taxed at higher rates,
When they reach the United States.
He says that they are under threat,
For Chinese steel producers let,
Their factories now produce too much,
Of steel for cars and cans and such.
And since this steel cannot be used,
He says that rules have been abused,
As they then tons of metal dump,
Upon the land of Donald Trump.
But Trump’s taxation plan is wide,
And will affect much more beside,
As special steels used for defence,
Are taxed which makes a bit less sense.
These taxes affect the EU,
So they’re now getting upset too,
And so henceforward from today,
They say that Trump will have to pay.
“For tax like this we will not stand,
But as well as a reprimand,
We are intending to impose,
A higher import tax on those,
Products which we’ve come to expect,
Will have the maximum effect.
We’ve thought a lot, done studies too,
On what might cause most harm to you;
And the best option from these facts,
Will be a peanut butter tax!
A tax like this is very wise,
Applies to jars of any size,
And whether smooth or with a crunch,
It will affect most any lunch.
But here in Brussels EU staff,
Think peanut butter’s pretty naff;
With Michelin starred food each day,
They never eat it anyway.”