Trump wants to revive steel industry jobs even if takes tariffs

Omkar Godbole FXStreet Contributor

US President Donald Trump wants to revive the US steel industry and create more jobs even if it means applying tariffs on imports from other countries, however, so far the White House has not made a final decision on the issue, according to Reuters report.

Earlier this month, the Commerce Department recommended curbs on Chinese and Russian aluminum.

Key quotes

"I want to bring the steel industry back into our country. It that takes tariffs, let it take tariffs, OK? Maybe it will cost a little more, but we'll have jobs"

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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