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Iowa Asks For Section 232 Relief in Rebuild

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Iowa Senators Joni Ernst and Chuck Grassley, who serves as the Senate Finance Committee chairman, have requested Section 232 tariffs be lifted on any steel needed by the state in its recovery from the August derecho storms, particularly steel used for rebuilding grain bins and machine sheds.  

“In the wake of this catastrophe, opportunists are offering extremely high estimates to Iowans for the steel they need to rebuild their homes, farms, businesses, and communities. A number of farmers have told us that the increased prices for steel would collectively add hundreds of millions of dollars in costs for them. This can’t happen,” the senators wrote to Commerce Secretary Wilbur Ross.

“Iowans are a tough and resilient people. They have built back before – and they will do so again.  But there is no reason to make it any harder than it needs to be. You have the power to help Iowans quickly and effectively. In fact, your staff has often said that one reason they need broad authority under the current Section 232 law is to have the flexibility in case of an emergency. Well, there’s clearly one now. We, and other members of Congress, will be watching your response closely.  We expect you to rise to the task.”

The storm did more than $20 million in damage