U.S. Capitol | Wikipedia
U.S. Capitol | Wikipedia
U.S. Rep. Mike Bost (R-IL) is crediting President Donald Trump’s recent decision to impose a 25 percent tariff on foreign steel imports for triggering announcements of industry jobs returning to the state.
“U.S. Steel’s decision to begin calling 500 employees back to work in Granite City is directly tied to this decision,” Bost, co-chairman of the Congressional Steel Caucus, said in a press release on his website. “I am pleased that the president has heard my call, and the call of our steelworkers, to bring these jobs back. This action will address the global glut in steel and other unfair foreign trade practices that have cost our economy jobs and imperiled our national security."
Trump issued his order under the authority of the Trade Expansion Act's Section 232, which gauges whether imports are harmful to national security and whether steps need to be put in place to safeguard domestic industries critical to national security, according to Bost's release.
U.S. Rep. Mike Bost
Trump received the Commerce Department report summarizing findings from its Section 232 investigation in January and acted within the 90 days his administration had to work with.
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