Indiana Congressman Pete Visclosky is speaking out against unfair Chinese trade practices. He testified before the International Trade Commission on a case involving steel drilling pipe being exported by China. Visclosky says the Chinese dumped the materials on the market at lower prices because of Peking government subsidies.
Visclosky said the success of the steel industry in Northwest Indiana and across the country is linked to enforcement of our trade laws. The Hoosier congressman says if U.S. trade laws are not enforced, everyone loses. More than 800 jobs have been lost due to the unfair practices in the past two years, mainly in Illinois, Texas and Pennsylvania.
“The Chinese have essentially dumped this product on our market,” he says, “at below what their costs of production is.”
Visclosky encouraged the ITC to demonstrate the country‘s renewed effort to ensure that American steel can compete everywhere in the world.