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Section 232 reform wouldn't unwind steel and aluminum tariffs, Senator Grassley says

( November 5, 2019, 21:54 GMT | Official Statement) -- MLex Summary: The Trump administration's existing steel and aluminum tariffs would stand under an upcoming reform proposal to amend the US president's national security powers under Section 232 of the Trade Expansion Act of 1962, Senate Finance Committee Chairman Chuck Grassley said. "I’ve agreed to [ranking Democrat Ron] Wyden’s request to introduce a Chairman and Ranking Member’s mark that does not unwind the Section 232 measures on steel and aluminum. Many problems with those tariffs and quotas have been well-documented, but I’ve been in the Senate long enough to know that getting things done requires compromise," Grassley said in prepared remarks on the Senate floor.See statement below:...

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