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Trade Commission

All articles tagged with #trade commission

business1 year ago•2 min saved

Cleveland-Cliffs to Close West Virginia Tin Plant After Tariff Ruling

Cleveland-Cliffs is indefinitely shutting down a tin production facility in West Virginia and laying off 900 workers after the International Trade Commission voted against imposing tariffs on tin imports from Canada, China, and Germany. The decision comes after the U.S. Department of Commerce had determined that these products were sold in the United States at less than fair value and subsidized by the Chinese government. The company plans to offer severance packages or relocation opportunities for affected workers, and its CEO expressed disappointment in the trade commission's ruling, calling for stronger trade laws to protect American industry and workers.

via Yahoo News|

#business #cleveland-cliffs #layoffs

business1 year ago•3 min saved

Cleveland-Cliffs Announces Indefinite Closure of Weirton Tinplate Plant, Resulting in 900 Job Losses

Cleveland-Cliffs Inc. announced the idling of its tinplate production plant in Weirton, potentially resulting in 900 job losses, due to the International Trade Commission's decision to reject anti-dumping and countervailing duties on tin mill products. This move has drawn criticism from politicians and union leaders, who argue that it undermines fair competition and domestic manufacturing. The company and the United Steelworkers had filed petitions about unfairly traded tin and chromium coated sheet steel products, but the commission found the impact of tin imports from certain countries to be negligible. This decision has sparked a debate about the impact on American jobs and the domestic food supply chain.

via West Virginia MetroNews|

#business #cleveland-cliffs #job-losses