Nonetheless, while he said no final decision has been made, it seemed clear what the result would be. President Trump has launched an investigation – to be led by commerce minister Wilbur Ross – into Chinese steel , stating that restrictions on steel imports from China may threaten national security . It will ascertain whether there will be enough US - produced steel to build naval ships and army tanks in wartime . Ross , who has been given 270 days to complete his investigation before Trump takes action , made a fortune through the sale of steel producer International Steel to Indian conglomerate Mittal in 2004 among many other deals .
President Trump has launched an investigation – to be led by commerce minister Wilbur Ross – into Chinese steel , stating that restrictions on steel imports from China may threaten national security . It will ascertain whether there will be enough US - produced steel to build naval ships and army tanks in wartime . Ross , who has been given 270 days to complete his investigation before Trump takes action , made a fortune through the sale of steel producer International Steel to Indian conglomerate Mittal in 2004 among many other deals .