Krisztian Bocsi | Bloomberg
An employee beside a blast furnace cast house at ThyssenKrupp AG’s steel plant in Duisburg, Germany.
Among the recommendations in the reports are a global tariff of 24 percent on all steel imports. An alternative option would impose a tariff of at least 53 percent on steel from 12 countries including China and Brazil.
A 63 percent quota of those countries’ 2017 steel imports is recommended in the report.
The aluminum recommendations include a 7.7 percent tariff on imports from all exporter nations. Ross also suggested a 23.5 percent tariff on aluminum products from China, Hong Kong, Russia, Venezuela…