1. The Dispute over Steel Tariffs
... promise that more may be coming, has led the EU to rethink its reaction. The US claims that the tariffs are necessary to protect its steel industry from unfair competition abroad, and restore its health after a string of bankruptcies. The US is using a procedure known as "safeguards- under which countries can impose import restrictions to give temporary protection to an industry ... tariffs will cost more jobs in industries that use steel than they will save. They say that for example many car parts now made in the US will be made abroad. Moreover, imports account for only one third of ...
- Word Count: 2261
- Approx Pages: 9
- Has Bibliography
- Grade Level: High School