Trade Cases
February 20, 2018
AIIS: Section 232 Will Lead to Retaliation and Recession
Written by Sandy Williams
The American Institute for International Steel, which represents foreign steelmakers, called the Commerce Department’s recommendations in the Section 232 report on steel imports “excessive and unnecessary” and warned of global retaliation that would push the U.S. and world toward a recession. AIIS Board Chairman John Foster issued the following statement on Monday:
“The recommendations in the Commerce Department’s Section 232 report are excessive and unnecessary and, if implemented, they will have a significant negative impact on the United States’ economic growth.
