Political Quotes

“sometimes an industry suffers from foreign competition because a new tool is invented or product quality goes up without a price increase or their government reduces regulation and taxes. But this is not the reason that the U.S. steel industry is suffering. Since 1980 it has modernized, it has streamlined, and it is 240 percent more efficient. The International Trade Commission announced that foreign companies have indeed dumped hot rolled steel at prices below their own market. That announcement and the suspension agreement with Russia might provide some relief, but a key fact is often missing from the discussion. Some of these same countries have simply switched their dumping to other categories of steel. Russia has played that game since 1997. The coming weeks and months are very critical to saving these United States jobs. This Congress must act. It must act quickly in order to save American jobs and our steel industry here in the United States of America.”