The US Steel Industry in 2004: Still in Need of Protection? |
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"That will give the US steel industry the opportunity to get back on its feet." - Robert Zoellick, US Trade Representative, commenting on president Bush's tariff measures announced in March 20021. Struggling US Steel Industry
After the investigation by the U.S. International Trade Commission (USITC) was completed in March 2002, the President imposed tariff measures under Section 201 to help domestic producers to compete with imported steel.
In December 2003, the US administration lifted Section 201 tariff measures, thus, avoiding a trade war with European Union and Asian countries for the time being. The US Steel Industry in 2004: Still in Need of Protection? - Next Page>> 1] Rust never sleeps, The Economist, March 7th 2002 |
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