Decision was promised by the end of June

In his interview with the WSJ yesterday Trump backed off promising action on steel imports imminently but said action is coming.

Mr. Trump, in a Wall Street Journal interview Tuesday, said the issue was still on the table, and that "we're going to be addressing the steel dumping," which he called "a very unfair situation." But he backed off promising imminent action. He started to say a move would come "very" soon, but then caught himself and instead changed his wording to "fairly soon."

The decision is expected to hit Canadian, Mexican and Chinese producers among others.

He said action was bogged down by regulations and studies and said, "we're waiting till we get everything finished up between health care and taxes and maybe even infrastructure."

That could mean a long wait.