The Detroit News reports: Carmakers win trade battle.
Automakers won a surprise victory Thursday as the U.S. International Trade Commission lifted most of the 13-year-old tariffs on imports of a high-grade steel used in cars -- a move that should boost ailing Detroit automakers by lowering prices. In a 4-2 vote, the commission lifted tariffs on flat-rolled corrosion-resistant steel from Canada, France, Australia and Japan, but sided with the steel industry and kept them on imports from South Korea and Germany for another five years.Hey, man, we don't understand big words like "tariffs" and "no means no," but we do understand things like "lowering prices" and "Those are my pants you are wearing, may I please have them back?"
All of these duties are outdated and hurt American manufacturing competitiveness and U.S. jobs, while needlessly helping a steel industry that is now profitable and healthy," [Stephen] Biegun [Ford's vice president for International Governmental Affairs,] said.Well, hell, he said it himself, more jobs! Will Ford be doin' some of that hiring, Mr. Biegun?
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