Monday, July 17, 2017

Markets seemed to move last week based on President Trump's July 12th statement that his Administration would impose tariffs or quotas on steel.  As he said, “Maybe I'll do both.” President Trump’s statement is consistent with numerous prior reports that the President is considering several possible options for protecting domestic steel and aluminum producers from competition from imports. To put the President's statement in context, the note below describes some of the options under consideration. 

IIF Authors

Kristen Silverberg

Kristen Silverberg - IIF
Managing Director

Ulrik Bie

IIF Ulrik Bie Chief Economist
Chief Economist