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Ways & Means Chairman Neal says lifting tariffs on steel, aluminum does not address overcapacity

( May 17, 2019, 22:02 GMT | Official Statement) -- MLex Summary: House Ways and Means Committee Chairman Richard E. Neal said that lifting tariffs on steel and aluminum from Canada and Mexico would do little to address the global steel and aluminum overcapacity problem. "In fact, based on developments of the past week, we seem farther than we have ever been from constructively addressing longstanding, serious trade problems with China, including the massive overcapacity that China has built up in steel and aluminum production," said Neal.Statement follows below:...

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