Remarks by President Trump at Signing of the Memorandum Regarding the Investigation Pursuant to Sect Remarks by President Trump at Signing of the Memorandum Regarding the Investigation Pursuant to Section 232(B) of the Trade Expansion Act
PoliticalNews.me - Apr 21,2017 - Remarks by President Trump at Signing of the Memorandum Regarding the Investigation Pursuant to Section 232(B) of the Trade Expansion Act
12:13 P.M. EDT
THE PRESIDENT: Thank you very much. We appreciate everybody for being here. It's a historic day for American steel and, most importantly, for American steelworkers. Thanks, especially, to Secretary Wilbur Ross for helping to lead this critical effort. We've been working on it since I came to office, and long before I came to office. We're going to fight for American workers and American-made steel. And that's beginning immediately.
For decades, America has lost our jobs and our factories to unfair foreign trade. And one steel mill after another has been shut down, abandoned, and closed, and we're going to reverse that. Other countries have made a living taking advantage of the United States in so many ways, as you know, and I've been talking about that for a long time.
As I traveled the country, I saw the shuttered factories, of the shuttered dreams, and I pledged that I would take action. And I think it's probably one of the primary reasons I'm sitting here today as President.
And since the day I entered office, I have followed through on that pledge, big league, beginning with our withdrawal from the Trans-Pacific Partnership, which would have been a catastrophe for our businesses and for our workers. I'm very proud of that withdrawal. Some people say, oh, gee, I wish you didn’t do that, but the smart people say, thank you, thank you, thank you. That would have been another NAFTA disaster. And NAFTA, believe me, was a disaster and continues to be a disaster for our country.
On Tuesday, I signed an order to enforce the Buy American laws and stop foreign countries from stealing contracts from American companies and, essentially, from American workers.
Today, I'm directing the Department of Commerce to immediately prioritize the investigation that began yesterday and really long before that -- because Wilbur and I have been working on this for a long time -- into foreign steel arriving into our markets, and to submit a report on the effects of these foreign steel products on the national security of the United States. It's not just the pricing, it’s not just employment, it also has to do with the national security of our country, which people never talk about. I talked about it.
Maintaining the production of American steel is extremely important to our national security and our defense industrial base. Steel is critical to both our economy and our military. This is not an area where we can afford to become dependent on foreign countries. We have a product where we actually need foreign countries to be nice to us in order to fight for our people. And that's not going to happen any longer, believe me -- especially as it comes to steel.
This investigation will look at how steel imports are impacting the United States