Trade war? Trump orders big tariffs on steel, aluminum
Now Playing: President Donald Trump has told U.S. aluminum and steel executives that he'll impose import tariffs 'next week' in a bid to boost American manufacturing. (March 1)
Media: Associated Press WASHINGTON (AP) — Ordering combative action on foreign trade, President Donald Trump declared Thursday the U.S. will impose steep tariffs on steel and aluminum imports, escalating tensions with China and other trading partners and raising the prospect of higher prices for American consumers and companies.
With "trade war" talk in the air, stocks closed sharply lower on Wall Street.... read more