A recent report in the news website Axios detailed President Donald Trump's latest drastic flotation on trade — one that could ignite an international trade skirmish. And although one expert who spoke with Business Insider said it was clear the White House was mainly testing the waters to see what the response would be to such a proposal, the person believed "this stuff definitely could happen." Axios reported Friday that Trump and top administration officials recently discussed imposing massive tariffs on major exporters of steel. The tax would be about 20% and could be expanded to other goods such as paper, semiconductors, aluminum, and large household appliances, the report said. Axios reported ...
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