In the depth of the recession, some foreign countries made a simple calculation. They’d subsidize their steel industries even though that violates international trade rules. It paid off by keeping their citizens employed, paid and fed.These countries banked on dumping their excess steel in the United States. That has cost good, family-supporting American jobs. It has wounded the American steel industry. And it has emboldened foreign countries to continue eating America’s lunch by violating international trade laws.Last week, Mario Longhi, President and Chief Executive Officer of U.S. Steel, and I asked Congress to enforce the law. We’re not seeking special …read more
Source: The Huffington Post
