Speed Reads


Trump to launch investigation into whether foreign steel is harming our national security

President Trump is expected to sign a memo Thursday initiating a probe into whether imported steel is harming U.S. national security, Reuters reports. Leaders of American steel companies will be on hand for the signing.

The directive asks Commerce Secretary Wilbur Ross to launch the investigation "with all deliberate speed and deliver the results to the president with his recommendations." Ross began the project Wednesday night.

The memo references the Trade Expansion Act of 1962, which allows the president to limit specific imports if national security is at risk. In this case, an unnamed official told Reuters, the risk could come from use of inferior foreign steel alloys to make military equipment.