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WASHINGTON—President Trump said that his steel tariffs on China and other countries are rescuing an iconic U.S. industry that was in danger of closing and predicted that the competition U.S. companies will face in the future will mostly be domestic due to his actions.
In an impromptu, 20-minute Oval Office interview Wednesday, Mr. Trump said some people may complain that in the short term steel prices may be “a little more expensive,” but that they ultimately will drop and his moves will have preserved an industry important to national security.
The article goes on to state the following:
Competition will be “internal, like it used to be in the old days when we actually had steel, and U.S. Steel was our greatest company,” he said.
In what he called a sign that the tariffs are working, Mr. Trump said steel companies are opening new U.S. plants and “our steel industry is one of the talks of the world. It’s booming.”
The report also indicates that Trump addressed a potential interview with Special Counsel Robert Mueller. From the report:
He reiterated that he would like to see the investigation into alleged Russian interference in the 2016 presidential race end, but said he is considering giving an interview to the investigator, special counsel Robert Mueller.
“We’re looking at it,” he said.
Mr. Trump said the Russia probe is unwarranted. “Of course they say it’s not an investigation. You know, in theory I’m not under investigation…I’m not a target. But regardless, I think that whole—I call it the rigged witch hunt, is a sham.”
Mr. Trump didn’t rule out testifying before Mr. Mueller, but he said the special counsel’s investigation has been “so badly discredited.”
President Trump said in an interview that his steel tariffs are saving an iconic American industry that was in danger of closing; others disagree https://t.co/bTUI6YV9JR
— The Wall Street Journal (@WSJ) August 16, 2018
In a 20 minute impromptu interview in the Oval, Trump said some people may complain that in the short term steel prices may be “a little more expensive,” but that they ultimately will drop
No. With TARIFFS/QUOTAS, high prices are A FEATURE, NOT A BUG https://t.co/cEbCMv9mAh
— Chad P. Bown (@ChadBown) August 16, 2018
Trump says his tariffs will revive U.S. steel industry https://t.co/yWGv9nhnSZ
— MarketWatch (@MarketWatch) August 16, 2018
Trump says his steel tariffs will save the U.S. industry: WSJ https://t.co/0QQeq63NAU
— Reuters Top News (@Reuters) August 16, 2018
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