Business Roundtable Statement on Sen. Portman’s Legislation to Reform Section 232 Authority | Business Roundtable

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Washington — Business Roundtable President & CEO Joshua Bolten today released the following statement on new legislation introduced by Senator Rob Portman (R-OH) to reform Section 232 of the Trade Expansion Act of 1962:
 
“Business Roundtable supports Senator Portman’s legislation as it furthers the important goal of preventing misuse of Section 232 to restrict trade inappropriately. Section 232 is intended to be used to combat real national security threats – not as an excuse to raise blanket tariffs on other countries. Senator Portman’s legislation would help ensure that 232 actions are taken only in cases of legitimate national security concern, preserving this important tool while also boosting accountability and Congress’ role in the Section 232 process. Business Roundtable appreciates the leadership of Senator Portman and other members of Congress who share our goal of protecting America’s economy from the harm of unjustified restrictions on free and fair trade.”