News / Metals tariff rocks auto industry, and Trump smiles on bribes in foreign deals

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While yesterday’s announcement of 25% tariffs on steel and aluminium imports to the US took most column inches, the world of logistics could also be impacted by a less-publicised executive order which could open the door to bribery in foreign deals. 

The order, which pauses enforcement of the Foreign Corrupt Practices Act (FCPA) – which could support accused businesses retrospectively – suggests banning bribery has harmed the US. 

“American national security depends in substantial part on the United States and its companies ...