Washington, D.C. - July 28, 2017 (The Ponder News) -- This week, Congressman Don Bacon (NE02) along with 22 of his colleagues sent a letter to President Donald Trump asking him to exclude tinplate steel and aluminum for food packaging in any import restrictions initiated under, Section 232 of the Trade Expansion Act of 1962. This investigation was launched to determine whether steel and aluminum imports threaten or impair our national security.
“As a retired brigadier general who served nearly 30 years in the Air Force, I share the President’s strong commitment to ensuring both America’s security and a level playing field for American manufacturing” said Congressman Bacon. “However, if the investigation does not exclude tinplate steel and aluminum, primary components used in the domestic manufacturing of food packaging, we are concerned it could negatively affect U.S. food processers and increase food prices for consumers.”
Given that tinplate steel makes up approximately 60 percent of the cost of the can, even a tariff as low as 5 percent on imported tinplate steel would increase the cost of goods by $0.042 each. This cost would inevitably get passed on to consumers who in many cases are the most economically vulnerable. This would be unacceptable. Additionally, Congressman Bacon is concerned that the broad scope of the Section 232 investigations may impact aluminum as well.
“The domestic canned food supply chain and flexible packaging industry generates more than $100 billion in total economic activity in the U.S. and employs tens of thousands of American workers,” added Congressman Bacon. “This industry provides some of the safest, most affordable food available to consumers today. We will continue to keep pressing for what we believe is right for America and our constituents.”
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