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How Section 232 Affects Price of Steel

July 3, 2018

On March 1, of 2018, President Trump announced he would invoke the seldom used Section 232 National Security Provision. This rule would impose a 25% tax on imports of steel as well as a 10% tax on aluminum imports. Section 232 was initiated to protect American jobs and to proactively keep the nation safe. While […]

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