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President To Drop Tariffs On Steel
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Contributor | RP |
Last Edited | RP Dec 01, 2003 06:54am |
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Category | News |
Media | Newspaper - Washington Post |
News Date | Monday, December 1, 2003 06:00:00 AM UTC0:0 |
Description | The Bush administration has decided to repeal most of its 20-month-old tariffs on imported steel to head off a trade war that would have included foreign retaliation against products exported from politically crucial states, administration and industry sources said yesterday.
Bush advisers said they were aware the reversal could produce a backlash against him in several steel-producing states of the Rust Belt -- including Pennsylvania, West Virginia and Ohio. That arc of states has been hit severely by losses in manufacturing jobs and will be among the most closely contested in his reelection race. |
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