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STEEL PERSUASION –

STEEL PERSUASION – U.S. Agriculture Secretary Sonny Perdue said on Thursday he is working hard to persuade President Donald Trump that the U.S. steel industry can be adequately protected by tariff rate quotas, rather than plain tariffs, on imports from Canada and Mexico. When asked at a U.S. Senate Agriculture Committee hearing about removal of the “Section 232” steel and aluminum tariffs — and retaliatory tariffs on U.S. farm products — Perdue said: “The president, we’re working hard to persuade him that the steel industry here, which is concerned, can be protected through a TRQ program here rather than tariffs and release the retaliatory tariffs.” (Reuters)

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