{"id":12323,"date":"2017-07-13T14:18:00","date_gmt":"2017-07-13T22:18:00","guid":{"rendered":"http:\/\/associatednews.info\/content\/trump-hints-at-new-limits-on-steel-imports\/"},"modified":"2017-07-13T14:18:00","modified_gmt":"2017-07-13T22:18:00","slug":"trump-hints-at-new-limits-on-steel-imports","status":"publish","type":"post","link":"https:\/\/associatednews.info\/content\/trump-hints-at-new-limits-on-steel-imports\/","title":{"rendered":"Trump Hints At New Limits On Steel Imports"},"content":{"rendered":"

By Scott Horsley<\/a><\/span> <\/p>\n

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\n President Trump and first lady Melania Arrive At Orly Airport on Thursday in Paris. Trump told reporters on Air Force One that he was considering tariffs on steel imports.<\/p>\n

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Pierre Suu\/Getty Images<\/p>\n

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Pierre Suu\/Getty Images<\/p>\n

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President Trump is hinting that he may impose tariffs, quotas or both on imported steel in an effort to protect the domestic steel industry.<\/p>\n

“Steel is a big problem,” Trump told reporters traveling aboard Air Force One en route to Paris, where he landed Thursday. “We’re like a dumping ground, OK? [Other countries are] dumping steel and destroying our steel industry. They’ve been doing it for decades and I’m stopping it.”<\/p>\n

“There are two ways,” Trump said, “quotas and tariffs. Maybe I’ll do both.”<\/p>\n

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The Commerce Department has been conducting a review of both steel and aluminum imports under a rarely used 1962 statute designed to protect industries deemed vital to national security. Secretary Wilbur Ross told reporters in April<\/a> that imports now account for more than a quarter of the U.S. steel market, while domestic steel mills are operating at just 71 percent of capacity.<\/p>\n

Trump railed against what he called unfair trade practices throughout the campaign and has continued to advocate protectionist measures<\/a> since taking office.<\/p>\n