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More than 100 House Republicans sign letter opposing the president’s plan;

President Donald Trump is expected to sign a decree on Thursday afternoon laying out his plan to impose new tariffs on steel and aluminum, after people on both sides of the issue made final pleas to either scuttle the measure or ensure he doesn’t back off.

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Producers in China are already under stress even ahead of implementation of U.S. tariffs, as indicated by an explosion in corporate borrowing that isn’t being captured by official government statistics, according to the China Beige Book. “Manufacturing is under fire. The sector’s multi-year rally has given way to declining revenue and sharply declining profit growth,” […]

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