Gibbs Urges Trump Administration to Complete Steel Investigation
WASHINGTON, DC - Congressman Bob Gibbs today urged the Trump Administration to complete its investigation of the national security implications of foreign steel imports.
The Department of Commerce began their investigation in April, focusing on steel imports and their impact on national security, called a Section 232 investigation. In a letter to Commerce Secretary Wilbur Ross, Congressman Gibbs is urging the department to finish the investigation promptly. As the investigation continues, foreign companies are being given more time to rush their products to the United States.
“As you know, imported steel at greatly reduced cost has placed the domestic steel industry under insurmountable pressure,” Gibbs’ letter said. “Foreign countries have rushed product into the U.S. market in anticipation of promised action to adjust imports, and in June and July of this year, foreign steel imports hit their highest monthly total in more than two years capturing 30 percent of the U.S. market. These import levels are not sustainable and the investigation must be completed to ensure our steel and aluminum workers are not devastated by the influx of cheap imported metals.”
The entire letter can be found here.