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harina [27]
3 years ago
9

What tactic, pursued by President Ronald Regan, contributed to a budget deficit?

History
1 answer:
Ivan3 years ago
7 0
The economy and the government 
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How did steel impact pur economy
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President Donald Trump on Thursday, March 1, announced that his administration planned to impose a 25% tariff on imported steel and a 10% tariff on imported aluminum. His argument was rooted in the notion that other countries' trade practices have undermined U.S. production and could potentially compromise national security at home.


While protectionists and free trade advocates erupted into a fierce debate, the stock market tumbled. The Dow Jones Industrial Average shed 420 points, or 1.68%, on Thursday, the S&P 500 lost 1.33% and the Nasdaq declined 1.27%.


It's important, then, to know how important steel and aluminum are to the U.S. economy.


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I believe the answer is B
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