Trump Still Determined to Impose Steel Tariffs, Says Nucor CEO
- Ferriola says he’s told steel issue still high on Trump’s mind
- U.S. steel imports rose 24 percent through August this year
Seamless steel pipes for use in oil and gas pipelines sit in a storage area at a manufacturing plant in Volzhsky, Russia.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
The head of America’s top steel producer said he has received assurances from the White House that President Donald Trump is still determined to impose tariffs on steel imports despite repeated delays on a decision.
John Ferriola, the chief executive officer of Nucor Corp., said he was told by an official in the administration who regularly meets with Trump that the president brings up the matter several times a week. Ferriola said he has no direct knowledge of the deliberations or any indication that a firm decision had been reached.