Invitation to Cover - Section 232 Steel Tariffs: Effect on Domestic Steel Capacity Utilization and Real-World Impact on U.S. Manufacturers

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American Institute for International Steel and Coalition of American Metal Manufacturers and Users:

 

WHAT

Steel Tariff Fallout: Effect on Domestic Steel Capacity Utilization and Real-World Impact on U.S. Manufacturers, Launch of New Coalition

 

WHEN

Wednesday, April 18, 2018, 2:00 – 3:00 PM (Media Registration: 1:45 PM)

 

WHERE

National Press Club, 529 14th Street NW, 13th Floor, Washington, D.C. 20045

 

WHO

Steel Users and Economists:

 

Richard Chriss (moderator), President, American Institute for International Steel

Dr. John Martin, Economic Analyst, Martin Associates

Laura Baughman, Economist, The Trade Partnership

Troy Roberts, CEO, Qualtek Manufacturing, Colorado Springs, CO

Other Steel-Using Manufacturers

 

WHY

President Trump imposed tariffs on steel imports under the premise of “protecting U.S. national security” with the goal of increasing capacity utilization among U.S. steel producing companies. Unfortunately, the Section 232 trade action will actually have a negative impact on steel capacity utilization while penalizing America’s small manufacturers and their workers in the process.
 

Drawing from a newly released report, economist John Martin will reveal the downward effect of tariffs on steel capacity utilization on the sector. Economist Laura Baughman will detail the decline in U.S. manufacturing jobs that result from the Section 232 tariffs. Troy Roberts, CEO of Qualtek Manufacturing in Colorado Springs, Colorado, will describe the threat that cost increases for steel pose to the future of his business.

 

The event will also mark the launch of the Coalition of American Metal Manufacturers and Users, comprised of small and medium U.S. manufacturing companies united in an effort to oppose the 25% tariff on steel imports.

 

About AIIS

The American Institute for International Steel, representing 120 member companies, is America’s leading voice for the steel supply chain, and the only voice in Washington, D.C. for free and responsible trade in steel.
 

More news and information about American Institute for International Steel and Coalition of American Metal Manufacturers and Users

Published By:

Business Wire: 18:52 GMT Monday 16th April 2018

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