President Trump’s steel tariff could have far reaching effects
DENVER -- The price of steel could be increasing, after President Donald Trump's surprise announcement about adding a 25 percent tariff to steel imports Thursday night. "We are going to build our steel industry back," President Trump said, in a West Wing meeting with steel executives. Currently, the United States imports up to one-third of its steel. That ends up being used in many different industries, including automotive and airplane manufacturing and construction.