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Trump Threatens Trade Action on Steel, Aluminum Imports

(William Gallo – Voice of America)

U.S. President Donald Trump says he is considering tariffs, quotas, and retaliatory taxes on imports of steel and aluminum from countries such as China, Japan, and South Korea.

The comments came during a wide-ranging trade discussion Tuesday between Trump and a bipartisan group of lawmakers at the White House.

The president said U.S. steel and aluminum industries are being “decimated” by the “dumping” of cheap imports of those materials into U.S. markets.

Trump has long threatened what he calls “reciprocal” trade action to deal with steel, aluminum, and other imports.

But he has so far avoided taking any major steps, ostensibly out of fear of hurting the country’s strong economic performance since he took office. Click here to read more.