Donald Trump announced Monday that the US will impose a 25 percent tariff on all imports of steel and aluminum.
The president has a habit of declaring radical changes to trade policy, only to swiftly walk them back. Last week, Trump postponed his long-promised 25 percent tariffs on all imports from Mexico and Canada, after reaching agreements with both countries over border security.
But there’s a reason to think that Trump’s steel and aluminum tariffs will stick: He implemented...
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