American Steel, American Jobs
Directly accounting for more than 385,000 jobs in the U.S, a viable American steel
industry strengthens our economic security.
The Global Threat to American Steel
Chronic global steel overcapacity has undermined the U.S. steel industry’s ability to
support America’s national security needs for decades.
American Steel is Essential to our National Security
Maintaining a healthy domestic steel industry is essential to our national security. The 16 critical infrastructure
critical infrastructure sectors that the Obama-Biden Administration defined as being essential to our nation’s security utilize American-made steel.
Section 232 Steel Measures are Working
Following the implementation of Section 232 measures in 2018, American steel output,
employment, capital investment, and financial performance all improved.
American Steel is Helping Build Back America
A strong domestic steel industry is critical to our national security, to our infrastructure
and to the competitiveness of American industry.
Stay the Course
Continuation of the existing Section 232 measures will ensure that U.S. companies and
workers can contribute to our economic recovery.
About
Sec. 232 Measures
Read More
Section 232 of the Trade Expansion Act of 1962 (Sec. 232) allows any federal government department, agency head, or “interested party” to request a Department of Commerce (Commerce) investigation to determine whether specific imports threaten to impair U.S. national security.
If Commerce determines in the affirmative, the President can determine the nature and duration of any action to be taken to adjust imports. The President may decide to impose tariffs or quotas to offset the adverse effect, without any limits on their duration, and may exclude specific products or countries at his/her discretion. (CRS 2020).
HOW EXPERTS
are Weighing In
“The tariffs on steel and aluminum have absolutely been helping steel and aluminum manufacturers and have been effective in that regard.”- Secretary of Commerce, Gina Raimondo in March 2021 -NPR’s All Things Considered, March 25, 2021
