Nonilex…Foreign govts have bristled at the idea that their #steel exports are a #NationalSecurity threat to the #US, in part because American #demand for the #metals far exceeds the country’s current ability to produce them.
The US imports very little steel directly from #China because of the #tariffs that were previously in place. But the US steel industry argues that China’s massive steel production pushes down the price of #metal globally, making it harder for US mills to compete.
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