No Dumping Zone
If this was a sign of Clinton Administration policy, then it was unwelcome news for U.S. trading partners. By imposing tariffs of 27% on steel imports from 19 countries, the Commerce Department signaled that it will no longer allow offshore producers to dump bargain-rate steel into the American market. But the action, which affects $2.6 billion worth of steel annually, was the work of civil service members at the department and does not necessarily reflect Clinton's views. Canada, nonetheless, quickly imposed a countertariff on steel from the U.S.
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