Steel tariffs hurting other industries, early repeal sought
Many small manufacturers, such as those in the machine tool industry, are being hurt by the tariffs and the resulting price increases on the steel they use. Many are losing orders to foreign competitors and might not survive 18 months.
CITAC’s efforts to publicize the impact of steel tariffs and quotas on steel-using industries, and on the economy as a whole, is beginning to create a better balance of public opinion between steel manufacturers and their unions, and those hundreds of thousands of employees whose livelihood is dependent on obtaining steel at no-worse-than-world-prices. Any action by CITAC therefore improves our position on overall steel issues, and helps head off negative future action on stainless sheet and strip.