President Donald Trump today announced his plans to impose steep tariffs on imports of steel and aluminum at a meeting Thursday.
The news sent the stock market tumbling and left many GOP senators suprised by the move. Some senators even questioning if there was a better way to address the steel industries concerns.
@FoxBusiness .@POTUS: “It’ll be 25% for steel. It’ll 10% for aluminum and it’ll be for a long period of time.” 12:09 PM – Mar 1, 2018
The order that is currently being drafted implements a 25 percent tariff on steel imports and a 10 percent duty on aluminum, Fox Business reported.
Trump made the tariff announcement during a White House meeting with steel and aluminum industry executives. “What’s been allowed to go on for decades is disgraceful,” he said, according
