Big Steel, a Tariff Winner, Steps Up Its Spending in Washington
Lobbying outlays jumped 20% last year to the highest level in at least two decades
:joy::joy::joy:
"Major steel companies pushed the Trump administration to impose tariffs under Section 232 of U.S. trade law, leading to higher prices in the U.S., higher profits and plans to expand capacity. For example, U.S. Steel Corp. said Monday that it plans to resume construction of a new furnace in Alabama.
Tom Gibson, president of the American Iron and Steel Institute, the industry’s main trade group, said tariffs and subsequent quotas on imports have helped the U.S. steel industry rebound, but that those gains could evaporate if tariffs are lifted too soon."
MAGA!
https://www.wsj.com/articles/big-st...s-spending-in-washington-11549987962?mod=e2tw
Lobbying outlays jumped 20% last year to the highest level in at least two decades
:joy::joy::joy:
"Major steel companies pushed the Trump administration to impose tariffs under Section 232 of U.S. trade law, leading to higher prices in the U.S., higher profits and plans to expand capacity. For example, U.S. Steel Corp. said Monday that it plans to resume construction of a new furnace in Alabama.
Tom Gibson, president of the American Iron and Steel Institute, the industry’s main trade group, said tariffs and subsequent quotas on imports have helped the U.S. steel industry rebound, but that those gains could evaporate if tariffs are lifted too soon."
MAGA!
https://www.wsj.com/articles/big-st...s-spending-in-washington-11549987962?mod=e2tw
