Foreign Steel To Be Subjected To U.S. Tariffs

401986 05: Workers use a crane to load a 60,000 pound coil of steel from Holland onto a railroad car for shipment to Ford Motor Company in Ohio from a warehouse at the South Jersey Port Corporation, March 6, 2002 in Camden, NJ along the Delaware River. On average, two ships per week dock at the facility and unload steel produced in Europe and Asia. U.S. President George W. Bush announced a decision March 5, 2002 to issue tarrifs on imported steel of up to 30 percent as a measure to prop up the ailing U.S. steel industry. (Photo by Tom Mihalek/Getty Images)