The Trump administration may be about to tick off the world over steel.
President Trump will reportedly soon decide whether to slap tariffs of up to 20 percent on U.S. imports of steel from other countries. Tariffs on other imports like semiconductors, paper, washing machines, and aluminum could also be in the works.
A majority of White House officials apparently oppose the plan — just not Trump himself. And it set off plenty of grumbles among the world’s other major economies at the international G-20 summit last week. If Trump goes through with it, officials in the European Union are looking into retaliatory tariffs on American exports in orange juice, whiskey, dairy, and other agricultural products.
Read more at theweek.com
