Trade world steels itself for 232 decision, as report to White House nears

Commerce Secretary Wilbur Ross suggested late last week that Commerce’s report on the national security implications of steel importation will head to the White House in about a week – with a “menu of options.” Ross was circumspect about the final report (it ”will come out when it comes out”), but the buzz about what may be coming highlights this fact: The Section 232 steel decision will arguably represent the first market-impacting action the Trump Administration will take in trade,...