Trump Undecided on Steel Tariffs as Trade-War Worries Mount
- Decision expected to coincide with Commerce Department report
- Axios reports Trump is leaning toward tariffs in range of 20%
Nucor CEO Encouraged by Trump's Steel Stance
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President Donald Trump hasn’t decided yet whether to impose punitive measures on steel imports for reasons of national security, as the administration missed a self-imposed deadline to conclude its investigation by Friday.
While the Commerce Department has until early next year to determine whether foreign-made steel threatens U.S. security under Section 232 of the Trade Expansion Act, Secretary Wilbur Ross wants a speedy probe that he hoped to be concluded by the end of June.