Summary

Donald John Trump Presidential Memorandum — Aluminum Imports and Threats to National Security under the Trade… (2017)

Core industries such as steel, aluminum, vehicles, aircraft, shipbuilding, and semiconductors are critical elements of our manufacturing and defense industrial bases, which we must defend against unfair trade practices and other abuses. In the case of aluminum, both the United States and global markets for aluminum products are distorted by large volumes of excess capacity much of which results from foreign government subsidies and other unfair practices. Efforts to work with other countries to reduce excess global overcapacity have not succeeded.
Source: Wikisource

Donald John Trump Presidential Memorandum — Aluminum Imports and Threats to National Security under the Trade… (2017)

If the present situation continues, it may place the American aluminum industry at risk by undermining the ability of American aluminum producers to continue investment, research, and development, and by reducing or eliminating the jobs needed to maintain a pool of skilled workers essential for the continued development of advanced aluminum manufacturing.
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature