Trump weighs tariffs or quotas on uranium imports

The nuclear power industry argues import limits would bring higher costs for electricity producers and force some out of business

President Donald Trump is considering a Commerce Department report on whether imported uranium ore poses a threat to U.S. national security and the domestic production of nuclear power.

The president will weigh whether to impose tariffs or quotas on imported uranium following claims by the uranium mining industry that limits on foreign uranium imports are necessary to aid a shrinking industry. The nuclear power industry, meanwhile, argues import limits would bring higher costs for electricity producers and force some out of business.

The Commerce Department announced it met the Sunday deadline to submit the report to the White House but offered no details Monday on whether it recommended some form of limits on imported uranium such as tariffs and quotas.

View the complete April 16 article by Ellyn Ferguson on The Roll Call website here.