Report: Global steel glut may cripple U.S. industry
DULUTH -- Cheap, imported steel subsidized by foreign governments is flooding the U.S., in a growing, unfair trade crisis that threatens a half-million American jobs.
That’s the conclusion of a report released last week by the Washington-based Economic Policy Institute that goes on to call for U.S. government sanctions to prevent unfair steel imports from China and other nations.
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