WASHINGTON (Reuters) – U.S. President Donald Trump on Monday said he wants to bring the steel industry back to America even if it means applying tariffs to imports from other countries.
“I want to bring the steel industry back into our country. If that takes tariffs, let it take tariffs, OK? Maybe it will cost a little bit more, but we’ll have jobs,” Trump told a meeting at the White House with state governors.
The U.S. Commerce Department has recommended Trump impose curbs on steel and aluminum imports from China and other countries. On Friday, the White House had said Trump has not yet made a final decision on the matter.
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Source: Investing.com