Tradelines News

Get the latest news and updates on cross-border customs and international trade.

Commerce Secretary Says ‘Complexity’ Has Stalled Trump Steel Protection Plan

(Jacob M. Schlesinger & Bob Tita – Wall Street Journal)

President Donald Trump’s pledge to quickly provide big import protection to U.S. steelmakers has gotten bogged down in “complexity,” with no clear deadline for completion, Commerce Secretary Wilbur Ross told Congress on Thursday, according to lawmakers who attended the briefing.

“The secretary used the word ‘complexity’ more than any other word,” Michigan Democratic Rep. Sander Levin told reporters.

“There are complexities as to what the other countries would do” in terms of potential retaliation, Mr. Levin said. “There are complexities internally” with the possible impact on other industries.

“They were cognizant of the fact that there can be retaliation,” said California Republican Rep. Judy Chu. Click here to read more.