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.