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Trump Trade War - API applauds lifting of Section 232

Steel News - Published on Wed, 22 May 2019

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Ms Kyle Isakower, API VP for economic and regulatory policy of API, said that “We applaud the Administration for reaching an agreement with Canada and Mexico to lift the 25% steel tariffs and not replace them with harmful quotas that would stifle US investment in manufacturing and energy infrastructure. We look forward to reviewing the details of this important agreement, and commend the Administration for recognizing the negative ripple effects the steel tariffs can have on long-term energy investments in America.”

She said “By lifting these burdensome tariffs and not replacing them with quotas, the administration is enabling construction projects and the jobs that support them to move forward without fear of supply chain disruptions. Today’s announcement is another step in enabling the long-term delivery of reliable, affordable American energy to families and businesses.”

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Posted By : Ratan Singh on Wed, 22 May 2019
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