In 2002, President Bush imposed a tariff on imported steel. Which of the following caused President Bush to end the tariff in 2003?

Question

Quizplus · Accepted Answer

The threat of retaliatory policies by European countries was the main reason for President Bush to end the tariff on imported steel in 2003. The European Union had threatened to impose tariffs on goods imported from the United States, which would have hurt American exporters. This threat forced President Bush to lift the tariff to avoid a trade war with Europe.

In 2002, President Bush Imposed a Tariff on Imported Steel