These plans are very fluid, and internal disagreements remain about how aggressive this order should be. Here’s what I’ve learned from administration sources:
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Steel and aluminum will be targeted.
Other products, including household appliances, could be targeted as well.
If the investigations result in new import duties — as some senior Trump officials believe should happen — it could make some consumer goods more expensive and could hurt the stock prices of American companies that rely on cheap steel imports. A good number of American manufacturing companies, however, could benefit from this hit to their low-cost competitors.
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