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Ag Groups Fear Steel Tariffs

Posted July 12, 2017

Under Economic Issues, International Trade Issues

(Chris Clayton – Progressive Farmer)

Farm groups are cautioning the Trump administration not to open a “Pandora’s Box” by claiming restrictions on steel and aluminum are needed to protect “national security.”

Eighteen agricultural groups wrote to Secretary of Commerce Wilbur Ross on Tuesday, stressing that such a move would be a disaster for global trade, “and for U.S. agriculture in particular.”

The Trump administration is expected to decide any day whether to place tariffs on steel imports, stemming from an April investigation announced by the Commerce Department over whether those imports are harming U.S. national security. It’s a rare argument for a major global power to make in a trade case. Click here to read more.

Related: Letter to U.S. Commerce Secretary Wilbur Ross