(Lorie Ann LaRocco – CNBC)
A Department of Defense memo to Commerce Secretary Wilbur Ross supports the findings from Ross that steel and aluminum imports impair U.S. national security.
In the memo, Defense Secretary Jim Mattis said that the DoD did have some concern that recommendations could negatively impact allies, but that it agreed with the Department of Commerce’s conclusion that imports of foreign steel and aluminum based on unfair trading practices were a threat to national security
Earlier this month, the Commerce Department recommended imposing heavy tariffs or quotas on foreign producers of steel and aluminum in the interest of national security, following a trade investigation of imports. Click here to read more.