Donald Trump, the presumptive presidential nominee for the Republican Party, vowed to “save” the U.S. steel industry when he was running in the 2016 elections.
After becoming president, Trump imposed a 25% tariff on steel imports after invoking Section 232 of the Trade Expansion Act of 1962. The tariffs were imposed after a Commerce Department report found that steel imports were a threat to “U.S. national security.”
