Evidence Steel and Aluminum Tariffs are Working: AAM Statement
The Commerce Department announced on Thursday morning that tariffs resulting from the Trump administration's Section 232 national security investigation into steel and aluminum imports would be going into place on Friday. Imports from Canada, Mexico and the European Union, which had received temporary waivers when the tariffs were first announced, will no longer be exempted.
Said Alliance for American Manufacturing (AAM) President Scott Paul:
“There is evidence the Section 232 strategy is working as the Trump administration moves ahead with its steel and aluminum trade actions. American smelters and steel mills are reopening, which means more jobs and added capacity. And more pressure is being applied by our allies to China on steel dumping and overcapacity.
“Looking ahead, the product exclusion process must be reasonable, and narrow enough so that it does not undermine the intent of the relief. The goals of restoring American industries to a sustainable operating domestic capacity and protecting national security must remain paramount.”