Crown Capital Management International Relations bolster steel

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NWItimes | the weather forecast in Washington these days is cloudy with a chance of gridlock, based on interviews with steel industry representatives. In the next few years, political and business leaders say trade groups will play an increasingly important role advocating on behalf of the steel industry.

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Crown Capital Management International Relations:

Crown Capital Management International Relations Political, industry leaders aim to bolster steel's status in U.S. Source: NWITIMES

PowerPoint Presentation:

NWItimes | the weather forecast in Washington these days is cloudy with a chance of gridlock, based on interviews with steel industry representatives. In the next few years, political and business leaders say trade groups will play an increasingly important role advocating on behalf of the steel industry. They say it also will be important to push current and future White House administrations to develop policies supporting the manufacturing sector, which likely will include discussions on how to handle international trade relations.

PowerPoint Presentation:

Lack of consensus International trade has been one of the strongest lobbying platforms the domestic steel industry has promulgated as the share of imports consumed has grown in the last few decades. In the future, Visclosky said it will be important for the government to respond faster with trade remedies. Typically, petitions are filed seeking trade relief after the industry has suffered significant damage and jobs are lost. He said if the system were improved to compress the time frame for trade cases and so customs personnel could spot duty violations, the domestic industry would benefit greatly. Open borders Several steel companies with operations in the United States have pushed national and international regulators of commerce to ensure countervailing and antidumping duty laws are in place to restrict anti-competitive behavior. Steel groups have found allies with unions in supporting domestic companies and advocating for fair international trade. Tom Conway, vice president of the United Steelworkers, said the union isn't anti-trade, but he said domestic manufacturers large and small would be helped if the U.S. government dealt with the value of China's currency. While it may be cheaper to buy goods imported from other countries, Visclosky said it's not good for the economy if it is at the cost of employment in the United States . More news on: http://www.thecrownmanagement.com/diplomacy-issues/

Steel Caucus:

Steel Caucus The Congressional Steel Caucus is a bipartisan bloc of legislators representing districts with a heavy steel industry presence or who are concerned about the health of the domestic industry and its workers. Issues the caucus addresses includes the impact of legislation on the industry and enforcement of laws with international trading partners, Visclosky said. He said the group also provides a communication system that allows legislators to address immediately on issues of concern. The group typically has at least one meeting a year in Washington and will often invite individuals from the private sector or government administration officials to talk about relevant industry issues. The party with control of the House of Representatives chairs the caucus. Congressional

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