Lawmakers, steel companies and unions urged a trade panel to keepsteel tariffs on some foreign imports for five more years. Carmakersand appliance manufacturers said it's time to let competition backinto the market.
The U.S. International Trade Commission is reviewing penalties putin place in 1999 to stop a flood of low-priced hot-rolled steel fromBrazil, Japan and Russia. A second wave of steel imports from 11other countries led to additional tariffs in 2002, which PresidentBush lifted in late 2003.
"Unfortunately, unfairly traded imports of hot-rolled steel havecontinued to plague this industry and continued to harm steel workersand their families," Rep. Ted …
No comments:
Post a Comment