Option Millionaires

[uranium-pinto-beans]

Options range from a global tariff of at least 24%, to a more targeted approach focusing on China and other nations
The Trump administration on Friday said it was weighing broad-based tariffs and quotas to curb imports of steel and aluminum to protect national security, though officials stressed no final decisions had yet been made and the ultimate policy could be considerably more limited.
The recommendations were part of internal administration reports released Friday laying out the options for President Donald Trump as he considers how to fulfill a campaign promise to take a more aggressive stance than predecessors to shield domestic steel and aluminum makers from growing foreign competition.
Also see:Metals and mining ETF rallies after Commerce Department recommends tariffs (http://www.marketwatch.com/story/metals-and-mining-etf-rallies-after-commerce-department-recommends-tariffs-2018-02-16).
The recommendations suggest the president choose among several options. One of them is a global tariff of at least 24% on all steel imports from all countries. Another is a tariff of at least 53% on steel imports from a dozen countries. Under the latter, targeted option, the tariffs of 53% would be applied on steel from Brazil , China , Costa Rica , Egypt , India , Malaysia , South Korea , Russia , South Africa , Thailand , Turkey and Vietnam .
An expanded version of this article is available at WSJ.com (https://www.wsj.com/articles/u-s-recommends-tariffs-and-quotas-on-steel-aluminum-imports-1518801588).