President Trump on March 8 announced tariffs on steel and aluminum imports. (The Washington Post)President Trump on March 8 announced tariffs on steel and aluminum imports. While fellow GOP leaders expressed relief that Trump had at least initially spared some allies, they continued to push Trump to abandon his plans. For countries subject to the tariffs, steel imports will be taxed at 25 percent and aluminum imports at 10 percent. Now, business leaders are wondering if the steel and aluminum moves are a prelude to an increasingly protectionist administration.

Source: Washington Post March 08, 2018 16:46 UTC