PITTSBURGH, Jan. 23, 2018 (GLOBE NEWSWIRE) -- Today, United States Steel Corporation (NYSE:X) issued the following statement regarding President Trump's decision to impose tariffs on imported washing machines and solar panels, following an investigation by the U.S. International Trade Commission.
The company’s statement follows:
“We are pleased to see the President's action on products critical to American manufacturing and energy production. We are hopeful the President will similarly use his authority to establish a broad Section 232 remedy targeting steel imports that threaten U.S. national security by undermining our industry, economic competitiveness and the industrial foundation on which our manufacturing sector rests. We believe broad and decisive action against the multitude of foreign producers is fundamental to protecting our national security and American jobs.”
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CONTACT:
Meghan Cox
Manager
Corporate Communications
T – (412) 433-6777
E – mmcox@uss.com