Trump administration opens sweeping trade investigation

by
April 21, 2017

trump-administration
Secretary of Commerce Wilbur Ross said Thursday that the Trump administration has initiated a sweeping investigation of how trade has affected national security and the U.S. economy.

“Last night the Department of Commerce initiated an investigation under section 232 of the Trade Expansion Act of 1962,” Ross told reporters at the White House on Thursday. “That authorizes the secretary of commerce to conduct comprehensive investigations to determine the effects of imports of any particular item into the United States on the security of the country.”

Ross highlighted the problem rampant foreign steel imports have created for U.S. manufacturers, noting the investigation would look in part at whether the domestic industry currently has the ability to meet the needs of the military as it prepares to ramp up production of tanks, aircraft and naval ships.

“No decision has been made to take any concrete actions as yet,” Ross said.

  • Retired

    It is time for building new Steel Mills in the US that are clean and efficient instead of importing .

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  • champion2211

    Our steel industry should bee able to handle any problem that comes up. More than likely Obama messed all this stuff up to hurt America and Americans. I just don’t realize why so many idolized this terrorist named Barry Sotero from Kenya that lied his way into our WH. Wake up folks it is time for a little legal action against Obama.

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