WASHINGTON — The U.S. Commerce Department's tentative plans to place tariffs on imported steel could "pose a risk" to U.S. tire manufacturers, the president and CEO of the U.S. Tire Manufacturers Association (USTMA) said in an opinion piece published July 17 on The Hill, a political website.
At issue are cord-quality steel wire rod, tire cord and bead wire used in tire manufacturing, according to Anne Forristall Luke.
"Virtually all steel used in U.S. tire manufacturing must be imported, as domestic steel suppliers cannot meet volume and quality needs for this critical tire safety component," Ms. Luke wrote in her op-ed article.
"Thus any trade constraint could potentially have a cascading, negative impact on U.S. commerce nationwide, as the transportation industry depends on a reliable supply of tires to ship goods."
Ms. Luke's opinion piece was an extension of the testimony Tracey L. Norberg, USTMA senior vice president and general counsel, delivered May 24 at a Commerce hearing on the national security implications of steel imports.