INVESTIGATION SAYS THAT U.S. GOVERNMENT LAUNCHED 7 INVESTIGATIONS INTO CHINESE STEEL DUMPING

According to a Wall Street Journal investigation, in the first three months of this year the American government has already launched seven investigations into Chinese steel dumping and unfair government subsidies for national steelmakers. 

These financial advantages led to Pittsburgh-based U.S. Steel Corp to lose a reported $1.5 billion last year and $340 million in the first quarter of 2016.

According to the Alliance for American Manufacturing, an estimated 12,000 steelworkers lost their jobs nationally.