White House planning major trade announcement Thursday on steel and aluminium imports

Washington Post with the headline ... new restrictions on steel an aluminium have been flagged and expected .... but, says the WaPo:

The White House is planning to make a major announcement Thursday about whether it will impose new limits on steel and aluminum imports, three people familiar with the event said,

  • The details of the announcement were closely held
  • situation remained very fluid

the people warned. A decision could still be postponed.

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New trade restrictions on steel and alum have been flagged for weeks, months now ....

I suspect Trump is more likely to give the go ahead to restricitons. The simplistic headlines on new tariffs would appeal to his base ... which he likes.

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