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March 2018

Economic PolicyMar 8, 2018Primary verified· 1 source

Steel and aluminum tariffs imposed under Section 232

Trump signed proclamations imposing a 25 percent tariff on steel imports and 10 percent on aluminum, citing national security under Section 232 of the Trade Expansion Act.

Why it matters: Opened the tariff era of US trade policy and triggered retaliation from trading partners.

Tariffs Trade Economy