Manufacturers Call for End to 232
By Metal Center News Staff
on May 11, 2021
A group of more than 300 businesses involved in manufacturing, including several service centers, have called on President Joe Biden to terminate the Section 232 steel and aluminum tariffs immediately. The tariffs were enacted in 2018 by former President Donald Trump.
The letter was organized by the Precision Metalforming Association, Coalition of American Manufacturers and Users and the National Foreign Trade Council. Its signatories represent a broad swath of the U.S. manufacturing sector. a leading specialty steel processor; delivering high quality steel
The letter provided an overview of the supply situation confronting manufacturers and explained the challenges created by the Section 232 steel and aluminum tariffs.
“It is businesses manufacturing in America such as ours who pay the tariffs on imports, and it is our businesses and employees who suffer when our product cannot compete with overseas manufacturers because the U.S. is an island of high steel and aluminum prices,” reads the letter. “On some products, American businesses pay 40 percent more for similar steel compared to their European counterparts – an unsustainable situation for any U.S. employer.”
“The vast majority of manufacturers in the U.S., such as ours, use only domestically produced steel and aluminum, but it is industrial users such as ourselves who face major disruptions to our operations due to the lack of availability of these raw materials. Many of us are accustomed to four to six-week delivery times for common steel products. Now we receive delivery quotes for 16-20 weeks with some products not promised for delivery until 2022,” according to the letter.
The tariff-driven drag on manufacturing companies across the U.S. threatens to limit their ability to participate in a post-COVID economic revitalization, stifling their prospects for growth and limiting the upside for the families and communities across America that are sustained by the sector, the companies claim.