President Trump's proposed 25 percent tariffs on U.S. imports of steel and aluminum aim to protect American production primarily from imported goods. Although the main suppliers to the U.S. are allies like Canada and Mexico, the action ultimately reflects longstanding tensions with China, the largest producer of these metals. China's steel and aluminum exports are rising due to domestic economic struggles, creating competition that threatens U.S. jobs. U.S. labor unions express concern over the damaging effects of Chinese overcapacity on domestic producers.
China's overcapacity is swamping world markets and severely injuring U.S. producers and workers, said Michael Wessel, the longtime trade adviser to the United Steelworkers of America.
Many of these low-cost exports have gone to American allies like Canada and Mexico, which in turn export significant shares of their own more expensive output to the United States.
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