Washington, DC – U.S. Representative Mike Bost (IL-12), Co-Chairman of the Congressional Steel Caucus, released the following statement after the Trump Administration announced a 25 percent across-the-board tariff on foreign steel imports:
“I’m very encouraged by President Trump’s critically important decision,” said Bost. “As the Department of Commerce Section 232 investigation indicated, the domestic industry has suffered greatly at the hands of global steel overcapacity and unfair trade, which threatens our national security interests. We’ve seen the harm that unfair and illegal trade practices have done to our steel industry right in Madison County, with the idling of Granite City Works and layoffs at Alton Steel. Today’s announcement is a bold step forward to stop unfair trade practices so American steelworkers can continue to make American steel that supports our military, critical infrastructure, and the livelihoods of American families.”
The purpose of the Section 232 investigation is to determine whether imports are harmful to national security and whether measures should be taken to protect domestic industries critical to national security. The Commerce Department report summarizing findings from the Section 232 investigation was delivered to the President on January 11, 2018. The Administration had 90 days following the delivery of the report to decide on any potential action.
Recent actions taken by Rep. Bost on American Steel:
February 16, 2018: Bost Statement on Commerce Department’s Steel Report
February 13, 2018: Bost Takes Plight of Southern Illinois’ Steelworkers to White House
December 5, 2017: Bost, Steel Caucus Leaders Meet with Commerce Secretary Wilbur Ross
October 27, 2017: Congressional Steel Caucus Urges President to Complete Steel Imports Investigation