Commerce Secretary Wilbur Ross says tariffs will be good for the American steel industry—just as they were for Mr. Ross himself during his business career. Profiting from such protectionist measures was a trademark of some of the biggest deals in Mr. Ross’s rise as an investor specializing in reviving and flipping bankrupt or distressed companies, from steel mills to textile factories. In the process, Mr. Ross won plaudits for getting some steel operations reopened, as well as criticism for the way his corporate restructurings...

Source: Wall Street Journal March 09, 2018 13:00 UTC