White House announces plan for heavy tariffs on imported steel, triggering possible trade war with China
by Don Lee, Los Angeles Times
Mar 01, 2018
4 minutes
WASHINGTON - President Trump said Thursday he will sign an order next week to impose 25 percent tariffs on steel imports and 10 percent tariffs on aluminum, potentially triggering an ugly trade war with China and other countries.
He promised U.S. manufacturers that they will "have protection for a long time. ... You'll have to regrow your industries. That's all I'm asking."
"We are going to have much more vibrant companies," Trump added, during a listening session with several top U.S. manufacturing executives.
The announcement came after a chaotic 12-hour period in which the president pushed for an announcement Thursday and abruptly summoned the
You’re reading a preview, subscribe to read more.
Start your free 30 days