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. The Section 232 measures on steel support the creation and continuation of thousands of new high-paying and hardworking American jobs, with many more coming online this year.
Moreover, studies show that Section 232 steel measures have had economically negligible causal effects on the prices of products that use steel in their production.
Section 232 steel measures are working. American steelmakers are helping power our nation’s recovery from the worst pandemic in a century. Now is not the time to remove these critical measures and put our economy and security in the hands of foreign steelmakers.
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