Trade Cases
July 23, 2017
SMA Favors Section 232 Tariff
Written by Tim Triplett
The American steel industry is facing a crisis that endangers U.S. national security, and it’s time for decisive action, says Philip Bell, president of the Steel Manufacturers Association in Washington, which represents the interests of EAF steel producers in the U.S. In the pending Section 232 investigation, SMA is advocating strongly for a new steel tariff, rather than a quota system or some other mechanism, to discourage unfairly low-priced imports.
“A tariff is the simplest, the most easily administered and the most immediately effective action possible. It should cover all products (including semifinished slabs) from all countries, with very limited exceptions,” Bell says.
