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“The steel industry thanks Sen. Brown and his colleagues for their support for the inclusion of a border adjustment measure in climate legislation. As their letter states, manufacturing is the backbone of America. To avoid undermining the environmental objective of the climate legislation and to maintain a level playing field for American manufacturing, a border adjustment measure should be included and take effect at the same time that U.S. producers are subject to increased costs, and should apply to imports from all countries that do not have in place GHG emissions reduction requirements comparable to those adopted in the United States   “American steel manufacturers will be placed at a significant competitive disadvantage unless the cost of compliance with climate policy is either offset or foreign steelmakers are subject to comparable regulation. If a strong border adjustment measure is adopted, the resulting climate policy will reduce greenhouse gases globally while permitting U.S. steelmakers – who are the lowest CO2 emitters in the world – to continue to operate competitively in the global marketplace.”   Thomas J. Gibson AISI President and CEO

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