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Nashville Tennessean: Tennessee manufacturers urge Trump to rescind steel tariffs
PMA mentioned in Nashville Tennessean article.
Monday, August 20, 2018
A group of Dickson County manufacturers sent a letter to President Donald Trump urging him to rescind the tariffs on imported steel, which they say have impaired their ability to compete with foreign companies.
Executives from six area companies employing more than 1,000 Tennesseans described the significant price increases on steel, both domestic and imported, that they said are impairing their ability to compete against foreign companies. According to the Aug. 13 letter, steel prices are the highest they have been since 2008 and they have increased by 43 percent since this time last year.
"These employees and our businesses depend on access to competitively priced steel to fabricate our products and compete in a global marketplace," the leaders wrote. "We cannot compete globally when the cost of our most important input has spiked and delivery times are extended."
Read more here.