Trump administration opens investigation into uranium imports, potentially teeing up new tariffs

• The U.S. Commerce Department is opening an investigation into uranium exports that could lead to new tariffs.
• Commerce is using a 1962 law that allows the president to tax imports if the shipments are deemed a threat to national security.
• Just 7 percent of the uranium purchased by nuclear power plants last year was produced by the United States.

https://www.cnbc.com/2018/07/18/trump-administration-opens-uranium-import-probe-new-tariffs-possible.html