Automotive suppliers decry U.S. steel tariffs

Newswire

By Michael Ellis DETROIT, Jan 27 (Reuters) - A group of automotive suppliers said on Monday that the Bush administration's protective tariffs on foreign steel have driven up their costs, forcing them to cut jobs and consider importing steel and other materials. The companies, who are some of the largest purchasers of U.S. steel, said they may import more steel from countries that are exempt from the tariffs, such as Brazil, Argentina and Turkey. They may also import parts that use steel, ...

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