On the recordOctober 12, 1998
The United States steel industry is the most efficient and competitive in the world. Currently, however, the industry is in a crisis due to the dumping onto the U.S. markets of below-cost production of steel from countries in financial distress. Although I support this resolution, I strongly believe that we must have an immediate ban on certain foreign steel imports to give the U.S. steel industry a level playing field. My bill, 4762, which has 6 Republicans and 5 Democrats, does that. The current GATT agreement and the U.S. review process for trade complaints do nothing to help the families who have already lost their jobs. It is wrong to let American jobs die as part of a back-door foreign policy method for keeping foreign governments and economies afloat. By leaving our ports open to this flood of steel while Europe maintains trade barriers is exactly what we are doing. I urge the President to immediately stop this flood of foreign, unfairly priced steel.
Source
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