The POTUS Timeline
Economy

President Bush announces temporary tariffs on imported steel

On March 5, 2002, President George W. Bush announced temporary tariffs on certain imported steel products—ranging up to 30% for some items—to protect the domestic steel industry.

The tariffs marked a significant protectionist trade action that provoked international criticism and dispute threats, affected U.S. trading relationships, and stirred debate over industrial policy and job protection.

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