Gibson Continues to Make the Case for Steel Tariffs

In the recent op-ed below, American Iron and Steel Institute President and CEO Tom Gibson reiterated AISI’s support of steel tariffs and opposition to congressional legislation called “The Bicameral Congressional Trade Authority Act,” which would prematurely terminate the tariffs. “The massive overcapacity in steel still exists globally. And China in particular is producing steel at record levels—exceeding one billion net tons in 2018,” Gibson said. “This means there is plenty of excess supply that will flood into our market but for the continuation of the Section 232 tariffs.” Gibson will offer the industry view of tariffs and trade as a keynote speaker during Steel Market Update’s Steel Summit Aug. 26-28 in Atlanta. Click here for more information or to register.

Dumped and subsidized steel imports have damaged the health of the American steel industry, which directly and indirectly supports more than two million jobs. Unfairly traded imports have caused steel plants to shutter and production of certain steel products to move offshore.