PITTSBURGH, June 29, 2015 /PRNewswire/ -- Today United
States Steel Corporation (NYSE: X) President and CEO Mario Longhi commended President Barack Obama as he signed the Trade Promotion
Authority (TPA) and Trade Adjustment Assistance (TAA) legislation
into law.
Longhi's statement follows:
"I commend President Obama for strengthening our trade
enforcement laws by signing Trade Promotion Authority and Trade
Adjustment Assistance. This legislation will open new markets
for American goods and services, but also clarifies the injury
standard in dumping and counterveiling duties cases to better
protect our workers and companies from the harm of unfairly traded
products.
"I and the more than 34,000 employees who work for United States
Steel thank President Obama and our Congressional champions for
pursuing responsible fair trade policies. Fair trade is
critical to a successful economy, and these laws are another step
on our drive to ensure that America remains a global economic
force.
"The president and members of his administration have visited
our facilities and have seen first-hand the power of American
manufacturing and the American worker. He knows that we can
compete against any country if the rules apply to all. Today
he took an important first step in the process of leveling the
playing field against unfairly traded products and supported fair
trade at home and abroad. We look forward to working with
members of the administration to ensure that U.S. trade laws and
practices are strong and that countries who break our laws are
punished before irreparable harm is done."
For more information about U. S. Steel, please visit
www.ussteel.com.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/u-s-steel-president-and-ceo-mario-longhi-commends-president-obama-for-strengthening-trade-enforcement-laws-300106264.html
SOURCE United States Steel Corporation