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Inside the White House trade fights

Trump cabinet
From left: Secretary of State Rex Tillerson, Defense Secretary James Mattis, President Donald Trump, Commerce Secretary Wilbur Ross and Transportation Secretary Elaine Chao. Photo: Mike Theiler-Pool / Getty Images

Bloomberg scooped on Friday that Trump wants the Commerce Department to seek the harshest maximum tariffs on global steel imports: 24 percent.  

I’m told that’s accurate, but with one small tweak: Sources tell me the president has told confidants he actually wants a *25* percent global tariff on steel because it's a round number and sounds better.