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US iron and steel group praises CIT ruling to uphold legality of White House national security tariff power

( March 25, 2019, 16:36 GMT | Official Statement) -- MLex Summary: The American Iron and Steel Institute hailed the US Courtof International Trade's decision to reject a suit by importers challenging the Trump administration's use of national security authority to impose tariffs on steel and aluminum imports under Section 232 of the Trade Expansion Act of 1962. "This lawsuit was theatre by the importers, designed to divert from the real issue which is that unfairly traded foreign imports had a disastrous impact on the steel industry, creating a real threat to our national and economic security," Thomas J. Gibson, AISI president and CEO, said in a statement.See full statement below: ...

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