Steelmaker applauds US legislation

The CEO of United States Steel Corp., Pittsburgh, says President Obama’s singing of Trade Promotion Authority (TPA) and Trade Adjustment Assistance (TAA) legislation into law in late June will help protect steel industry jobs in the United States.

“I commend President Obama for strengthening our trade enforcement laws by signing TPA and TAA,” U.S. Steel president and CEO Mario Longhi says in a statement released to the media. “This legislation will open new markets for American goods and services but also clarifies the injury standard in dumping and counterveiling duties cases to better protect our workers and companies from the harm of unfairly traded products.”

Longhi also states, “Fair trade is critical to a successful economy, and these laws are another step on our drive to ensure that America remains a global economic force. The president and members of his administration have visited our facilities and have seen firsthand the power of American manufacturing and the American worker. He knows that we can compete against any country if the rules apply to all. Today he took an important first step in the process of leveling the playing field against unfairly traded products and supported fair trade at home and abroad.”

Longhi continues, “We look forward to working with members of the administration to ensure that U.S. trade laws and practices are strong and that countries who break our laws are punished before irreparable harm is done.”