Dave Burrit, the CEO of U.S. steel compared trans-shipping to 'whack-a-mole,' where third countries ship steel from third countries that originated in China'We'll be signing it next week. The agency this month recommended a 24 per cent tariff for steel and a 7 per cent tariff on aluminum earlier this month. Trump talked about washing machine tariffs and solar panels tariffs and asserts companies are opening closed plants in United States. U.S. steel and aluminum executives have been summoned on short notice to meet with Trump, the Wall Street Journal reported. Other options would impose either high tariffs or quotas on steel and aluminum imports.

Source: Daily Mail March 01, 2018 17:53 UTC