Executives from the American steel sector have directly appealed to President Donald Trump to levy immediate restrictions on imports, Reuters reports.
The request from the executives of 25 U.S. steel and steel-related firms, which came via a letter to the President on Wednesday, says the industry is languishing from government inaction, adding that this could change with "bold leadership" and an "America First" vision.
"The need for action is urgent. Since the 232 investigation was announced in April, imports have continued to surge," the executives said in the letter.
"Immediate action must meaningfully adjust imports to restore healthy levels of capacity utilization and profitability to the domestic industry over a sustained period," they wrote.
The request comes as the Commerce Department has delayed the release of its probe into whether steel imports pose a threat to national security. The outcome could result in Trump levying taxes or quotas on imports.
"Your leadership in finding a solution to the crisis facing the steel industry is badly needed now. Only you can authorize actions that can solve this crisis and we are asking for your immediate assistance," they noted.
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