Trade Cases
October 4, 2017
AIIS: Terminate Section 232
Written by Sandy Williams
The American Institute for International Steel, representing 120 companies supporting 1.2 million jobs in the steel-using sectors and 84,000 direct and indirect jobs in the marine transportation system, wrote to the president this week requesting termination of the Section 232 investigation on steel imports.
AIIS said they appreciate that a significant part of the rationale for the investigation is to address steel market distortions caused by global overcapacity. However, trade restrictions imposed by Section 232 will do nothing to counter the use of state subsidies by countries, such as China, which encourage overcapacity.
