Trade Cases
February 1, 2018
Disappointing Speech Leaves Market to Speculate on Section 232
Written by Tim Triplett
Those who were hoping the State of the Union address would offer some indication of how President Trump will act on Section 232 were left disappointed. His speech was long on patriotism and short on specifics when it came to trade policy. The steel industry is left to speculate on whether the administration will further restrict imports on national security grounds.
Steel buyers polled by Steel Market Update this week (prior to the State of the Union) offered a variety of opinions on what will happen with Section 232 ranging from “I’m not expecting much,” to “I expect strong action.” Following are some of their more insightful comments:
