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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.

President Bush announces temporary tariffs on imported steel

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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