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"President Trump said Tuesday that his administration is delaying a long-awaited verdict on whether to restrict imports of foreign steel, again punting on a decision that has divided U.S. industries and his own administration, as well as strained ties with some of the country's closest allies and trading partners. . .
Trump told the Journal that the administration would be addressing steel dumping, which he described as 'a very unfair situation.' But he added that 'we don’t want to do it at this moment.'
The decision is being closely watched as an indicator of whether Trump will deliver on his trade promises. The tariffs or quotas the administration was considering would have been the president’s first major move to fulfill the protectionist, America-first trade policy that was one of the pillars of his candidacy.
For months, the administration kept industry guessing about whether these ideas were mostly campaign rhetoric or the basis for an ambitious repositioning of U.S. trade policy. . .
On multiple occasions, Trump expressed his support for restricting steel imports.
'Wait till you see what I’m going to do for steel and your steel companies,' he said in a speech in Cincinnati on June 7. 'We’re going to stop the dumping and stop all of these wonderful other countries from coming in and killing our companies and our workers. We’ll be seeing that very soon. The steel folks are going to be very happy.'"
Read the Washington Post, Amid resistance, Trump backs away from controversial trade plan.
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