VIRGINIA POLICY REVIEW
  • Home
  • About Us
  • The Third Rail
    • The Third Rail Editorial Board
  • Academical
    • Archived Podcast Episodes
  • National Journal Conference
  • Journal Submissions
  • Journal Issues

The Third Rail

An Online Publication of the Virginia Policy Review

The United States Must Keep Section 232 Tariffs on Steel in Place

6/28/2021

0 Comments

 
Steel is the lifeblood of industrialized nations: the alloy is a key component in buildings, cars, railroads, ships, solar panels, and wind turbines. In 2017, the US steel industry accounted for more than $520 billion in economic output, generated $56 billion in federal, state, and local taxes, and supported nearly two million jobs. Given this mammoth impact on the economy, it’s only natural that policymakers work to support and encourage this vital industry. The Trump administration took this step in 2018 by implementing tariffs under Section 232 of the 1962 Trade Act, which have so far been upheld by the Biden Administration. Over the past three years, these tariffs have succeeded in helping to increase the competitiveness of the US steel industry, bolstered national security, and benefited the US economy, and for these reasons ought to remain in place for the near future. ​

Read More
0 Comments

    Categories

    All
    Domestic
    Economics
    Education
    Electoral Politics
    Environment
    Gun Rights
    Health
    International
    Justice
    Law
    Politics
    Social
    Urban

    Archives

    April 2022
    March 2022
    February 2022
    December 2021
    November 2021
    October 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    May 2019
    March 2019
    February 2019
    January 2019
    October 2018
    September 2018
    March 2017
    February 2017
    January 2017
    November 2016
    October 2016
    September 2016
    August 2016
    April 2016
    March 2016
    February 2016
    December 2015
    November 2015
    October 2015
    September 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    April 2014
    March 2014
    February 2014

ADDRESS

Virginia Policy Review
235 McCormick Rd.
Charlottesville, VA 22904

EMAIL

​virginiapolicyreview@gmail.com

SOCIAL MEDIA

  • Home
  • About Us
  • The Third Rail
    • The Third Rail Editorial Board
  • Academical
    • Archived Podcast Episodes
  • National Journal Conference
  • Journal Submissions
  • Journal Issues