The tariffs are designed to protect and rebuild the U.S. companies that manufacture the metals.
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U.S. President Donald Trump's escalating dispute with China over trade and technology is threatening jobs and profits in working-class communities where his "America First" agenda hit home. The Commerce Department has received more than 2,400 applications from companies seeking waivers from the administration's tariffs on steel and aluminum imports, which may result in duty payments of millions of dollars for larger businesses. Trump won most of the votes cast for president in Okmulgee County.The tariffs – 25 percent on imported steel and 10 percent on imported aluminum – are designed to protect and rebuild the U.S. companies that manufacture the metals.John Hritz, CEO of JSW Steel USA in Baytown, Texas, said his company is in lockstep with Trump's approach.An additional $50 million expansion in pipe fabrication capacity would follow, the company said, leading to as many as 170 new jobs.A person with knowledge of Seneca's situation said the company would face a $2.25 million duty if the Commerce Department doesn't approve its waiver request for 11,000 tons of tinplate it already agreed to purchase from China.
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