In 2002, the Bush Administration

In 2002, the Bush administration

A) negotiated a multilateral reducing in steel tariffs
B) imposed a tariff on imported steel, which led to reduced steel imports and higher steel prices
C) imposed a tariff on imported steel, which led to increased steel imports and lower steel prices
D) imposed a quota on U.S. steel imports, which reduced imports and raised steel prices
E) imposed a quota on U.S. steel imports, which reduced imports and lowered steel prices.