Économie

Commerce sends Trump long-awaited steel report

Commerce sends Trump long-awaited steel report

The Commerce Department has feels President Trump Donald John Trump House Democrat slams Donald Trump Jr. for ‘serious case of amnesia’ after testimony Skiing Lindsey Vonn: Trump at Olympics Poll: 4 in 10 Republicans think senior Trump advisers had improper dealings with Russia MORE the long-awaited results of its investigation into the national security implications of steel imports. Commerce Secretary Wilbur Ross Wilbur Louis Ross Overnight Finance: House Passes sweeping tax bill in huge victory for GOP | Senate confirms banking regulator | Mulvaney eyed for interim head of consumer agency Wilbur Ross sued by train colleagues Bloomberg drops estimate of Trade Secretary’s Wealth to 0M MORE submitted the report Thursday night, which gives the president 90 days to decide whether to take any action on some steel importers. With the investigation on his desk, Trump will have to determine whether or not to make a finding of breach of the law. Last year, Trump told reporters that he may slap tariffs, quotas or a combination of both on countries he thinks are endangering the nation’s security as part of his campaign to better protect domestic producers. After Trump makes a decision, the Commerce Department will publish a summary of the report in the Federal Register and make the report available to the public. Senate Democratic Leader Chuck Schumer Charles (Chuck) Ellis Schumer America is not ready to let Sessions off his leash Schumer celebrates New York Giants firing head coach: ‘About time’ GOP should reject the left’s pessimism and the deficit trigger MORE (N.Y.), who called for the Trump administration to make the results public, said the long overdue report “is hardly enough to fulfill the promise for the American worker.” “President Trump promised to crack down on a predecessor trade practice of China, but it is only a matter of fact that it is important that they do it. he said. Sen. Sherrod Brown Sherrod Campbell Brown The Hill’s 12:30 Report Avalanche of Democratic Senators say Franken should resign Overnight Regulation: Feds push to clarify regs on bump stocks | Interior wants Trump to shrink two more monuments | Navajo Nation sword over monument rollback | FCC will not delay net neutrality vote | Senate panel approves the bill easing Dodd-Frank rules MORE (D-Ohio), who has gone to the White House to take action, urged Trump to move swiftly. “Now, the president must take strong actions to provide long-lasting relief at China’s steel overcapacity,” Brown said in a statement on Friday. “We know the delay and uncertainty about this case,” he said. World Trade Organization members urged more transparency from the United States on the direction of the investigation while urging restraint in any decisions, noting the potential negative global trade implications. The Commerce Department launched its investigation in April. In September, Ross said that the steel decision would wait until after the tax bill went through Congress.

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