Commerce department presses Trump to impose steep tariffs on overseas steel

Feb 18, 2018 | History | 0 comments

Proposals would fulfil campaign promise to protect US steelBrazil, China, Russia, South Korea and Vietnam targetedThe US commerce department has recommended that Donald Trump impose steep curbs on steel and aluminum imports from China and other nations ranging from global and country-specific tariffs to broad import quotas, according to proposals released on Friday.The long-awaited proposals would fulfill Trump’s campaign promise to protect the US steel industry from foreign competition, particularly from China. They are also likely to spark threats of retaliation. Continue reading…

Source: https://www.theguardian.com/business/2018/feb/16/us-commerce-department-trump-steel-aluminium-tariffs

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