Critical Reasoning (CR) | Re: Last year, the government of country A imposed large tariffs on steel

Hi GMATNinja GMATNinjaTwo Experts

Last year, the government of country A imposed large tariffs on steel imports in an effort to aid its domestic steel industry .

Many domestic steel producers enjoyed record profits as a result, as foreign steel producers were in many cases unable to compete effectively under the burden of the newly imposed tariffs.

I can infer as below:
Most domestic steel producers were able to increase their profits after the new tariffs were imposed.

As per me B and C are