Both countries find Chinese overproduction the main issue.
This past week, Secretary of Commerce Gina Raimondo, United States Trade Representative Katherine Tai, and United Kingdom Secretary of State for International Trade Anne-Marie Trevelyan held a virtual meeting to discuss the global steel and aluminum industry. They found China’s large production capacity to be decreasing demand for local steel and aluminum, a result that is impacting both the U.S. and UK’s respective industries.
The Department of Commerce released the conclusions of the meeting, stating: “The United States and the United Kingdom are close and long-standing partners, sharing similar national security interests as democratic market economies, they can partner to promote high standards, address shared concerns and hold countries that practice harmful market-distorting policies to account.”
As the Lord Leads, Pray with Us…
- For wisdom for Secretary Raimondo, Trade Representative Tai, and Trade Secretary Trevelyan as they seek solutions to the issue.
- For members of Congress as they work to support U.S. industry and international competition.
Sources: Department of Commerce
