WSJ OpEd Argument for S232 Tariffs

Share
WSJ OpEd Argument for S232 Tariffs
Photo by Sou Jest / Unsplash

Key: Facts

Between 2020 and 2024, Chinese steel and aluminum imports to Canada nearly doubled, surging to 689,734 tons.

The U.S. International Trade Commission found that Sec. 232 tariffs from 2018-21 on average increased the price of steel products by 2.4% a year.

The Global Forum on Steel Excess Capacity reported that excess capacity hit an astonishing 640 million metric tons in 2025, despite global crude steel consumption shrinking by 4.5%. China is responsible for nearly 57% of that excess.

https://www.wsj.com/opinion/the-high-cost-of-cheaper-steal-5879fcfd?st=Zmy15Z&reflink=desktopwebshare_permalink