We urged representatives to support legislation that would eliminate the nation’s trade deficit, address an overvalued dollar, provide stronger trade enforcement and tackle troubling trade issues with China.
"If China no longer buys U.S. soybeans or Mexico no longer buys U.S. corn, that would be really bad for our customers and that would be much more impactful on us."
The Coalition for a Prosperous America says a long run analysis shows that the steel and aluminum industries will produce more, increase revenue and as a result hire more.
CSRA Inc. agreed to sell itself to defense giant General Dynamics Corp. a month ago for $6.7 billion in cash -- only to receive a $7.2 billion bid on March 18 from a much smaller suitor, CACI International Inc.
The action would “trigger a chain reaction of negative consequences for the U.S. economy,” the organizations said.