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To: Paul Ross
The fact is that steel-users are paying more for steel now than before, a fact that AISI cannot refute. It simply complains about the methodology that CITAC uses. But even if the CITAC study is completely discredited (which the AISI press release does not do, but let's assume), AISI is merely arguing that there is a cost to the economy, but hey, that's ok. Hardly a ringing endorsement of the current tariff regime.

And again, what else would you expect AISI to say? It is lining its pockets with our money.

10 posted on 11/14/2003 3:52:09 PM PST by 1rudeboy
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To: 1rudeboy
Also, in action notable for its rarity, the ITC launched an investigation into a "tip sheet" issue by the Consuming Industries Trade Action Coalition (CITAC), which encouraged its allies to exaggerate claims about alleged economic hard done by the tariffs. Last week, the ITC sanctioned CITAC's lawyer for disseminating the tip sheet.

If they had the truth, they wouldn't have to lie. CITAC HAS been completely discredited by its blatantly dishonorable conduct. And as to the ITC's assessment that there were $30 million in 'costs' to the flexibly-deployed interim tariffs, they also admitted that had there been no tariffs, it clearly would have been far worse for the U.S. economy...with hundreds of billions of U.S. capital at risk with all 35 remaining steel firms collapsing due to unfair trade practices. Trade practices which are now being punished on the appropriate malefactors. And these are the same foreign malefactors coaxing the WTO to sanction the U.S. for defending itself...as it is ENTITLED under the WTO charter to do. The Trib didn't pick up that part. Gee, wonder why.

12 posted on 11/15/2003 7:03:53 AM PST by Paul Ross (Don't get mad. Get madder!)
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