The Motor & Equipment Manufacturers Assn. is applauding President Bush’s decision to repeal tariffs on foreign steel. The tariffs, a source of great controversy since their inception last year, ran as high as 30% on imported steel, and many auto suppliers claimed they impeded their ability to compete on a global basis. The tariffs, which were instituted to shelter the domestic steel industry during reorganization from low-priced imports, originally were meant to last for ...

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