Trump’s team considers overhaul to steel, aluminum tariffs

Wall Street Journal: The U.S. currently charges a 50% tariff on the steel and aluminum in most imported products. Under the new plan being considered, steel and aluminum products would be sorted into groups with different rates based on the metal content in the product, some of the people said. The plan would also make the tariff apply to the entire cost of the import, according to the people familiar with the administration’s plans. Currently, the tariff only applies to the value of the steel and aluminum in a product…