I am introducing today the U.S. Steel Jobs Protection Act, a bill with already 10 bipartisan cosponsors. This bill imposes an immediate 1-year ban on hot-rolled steel from Japan, Brazil, and Russia. Our trade partners, knowing the slowness of the petition process, have dumped millions of tons of below-cost steel on the U.S. market. Thousands of permanent U.S. jobs will be lost by the time the petition process concludes. The U.S. steel industry mass modernized and cut production man-hours per ton from 10 to three. This strong, by temporary, action must be taken if we are to be serious about helping families who work for the steel industry. We urge support for the bill and strongly urge the President to take immediate action to help America's steelworkers. Currently, U.S. steel producers are in a crisis due to outrageously unfair conditions. Membership in the World Trade Organization, and signing onto the General Agreement on Tariffs and Trade (GATT) implies a willingness to abide by fair trading practices in order to avoid what some call trade wars.
Editor's note · Context
Introducing the U.S. Steel Jobs Protection Act to address unfair steel imports.
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