Steel dumpers beware: The U.S. government may start imposing tariffs of up to 118 percent.
Steel imports are up 33 percent so far this year, while even more than 20 percent of U.S. steelmaking capacity has been sitting idle.
INDIANAPOLIS | Steel dumping poses a real threat to jobs in Northwest Indiana, and policy-makers in Washington need to take heed, industry officials said.
U.S. Rep. Pete Visclosky and Sen. Joe Donnelly testified before the U.S. International Trade Commission on Thursday in support of anti-dumping tariffs on hot-rolled steel products from China, India, Indonesia, Taiwan, Thailand and the Ukraine.
Our government wants to impose tariffs on Chinese imports. If the American consumer cared about American jobs, this would not be necessary.
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