Trade War: The 2002 steel case

President Donald Trump’s announcement of plans to impose 25 percent tariffs on steel imports evoke the 2002 precedent when then-president George W. Bush attempted the same protection for domestic industry. Like Trump, Bush announced tariffs on steel imports just over one year after taking office, on March 5, 2002. They ranged from 8 percent to 30…


Author: HEDGE

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