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As president, Donald Trump imposed a 25% tariff on foreign steel, which hurt Clips & Clamps Industries, a Michigan auto supplier — raising its materials prices, making it harder to compete with overseas rivals and costing it several contracts.
As president, Donald Trump imposed a 25% tariff on foreign steel, which hurt Clips & Clamps Industries, a Michigan auto supplier — raising its materials prices, making it harder to compete with overseas rivals and costing it several contracts.
The two presumptive presidential nominees have embraced surprisingly similar approaches.
Regardless of whether Biden or Trump wins the presidency, the United States seems poised to maintain a protectionist trade policy.
WASHINGTON -- As president, Donald Trump imposed a 25% tariff on foreign steel, which hurt Clips & Clamps Industries, a Michigan auto supplier -- raising its materials prices, making it harder to compete with overseas rivals and costing it several contracts.