Automakers Celebrate Decision to End Steel Tariffs

by Kathleen Schalch, NPR
December 15, 2006

U.S. and foreign carmakers are celebrating a decision to end most tariffs on imports of high-grade steel.

Many steel producers argued that ending the tariffs would turn the U.S. into a dumping ground for foreign steel sold at below-market prices.

Automakers say the tariffs cost the industry an additional $3 billion in recent years.

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