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Trump Launches Probe Into Impact Of Steel Imports On U.S. Defense Industry

Dan Parsons By
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Trump Launches Probe Into Impact Of Steel Imports On U.S. Defense Industry
NASSCO Shipyard.

President Donald Trump has launched an investigation into steel imports and could impose a tariff on steel produced overseas if it is found to cost American jobs or threaten national security.Trump signed a memorandum April 20 that directs the Secretary of Commerce to investigate whether steel imports cost jobs within the U.S. steel industry and submit a report with 270 days.“Maintaining the production of American steel is extremely important to our national security and our defense industrial base,” Trump said…

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