Tariffs may help Conshohocken steelworkers but trade war could hurt consumers
In the face of opposition from members of his own party, President Donald Trump made good on his pledge to impose tariffs on imports of foreign steel and aluminum by signing two executive orders last week.
One executive order places a tax of 25 percent on steel imports and the other puts a 10-percent tax on aluminum imports, writes Lucas Rodgers in The Times Herald.
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United Steelworkers (USW) International President Leo W. Gerard said in a statement last week that the tariff levels Trump had announced would help achieve the objectives of restoring “market-based economics that ensure that our domestic producers can achieve a fair return as they invest in facilities, equipment and people, and contribute to the strength of our nation” and reducing the “negative impact of steel and aluminum imports that have decimated production in the United States.”
Vonie Long, president of USW Amalgamated Local 1165, and an employee at the ArcelorMittal steel mill in Coatesville, said workers there are optimistic that tariffs will help things out, and they were glad to finally get a determination on this and then get an announcement from the White House.
To read the complete story click here.
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