Murkowski on Steel and Aluminum Tariff Announcement

U.S. Senator Lisa Murkowski made the following statement after President Trump announced he is imposing a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports: 

“I share the President’s desire to help rebuild our steel and aluminum industries, but have significant concerns about the impact these tariffs will have on our broader economy, trade relationships, and particularly our nation’s energy sector. A lot of good work has gone into ensuring that the U.S. is able to reclaim its role as a global energy leader. Higher prices for steel — which accounts for a significant portion of project costs — could easily set us back. There are more targeted steps we can take to preserve our relationships with our allies, avoid cost increases and retaliation, and yet still return steel and aluminum production to America.”