Editorial in Krenlandian Newspaper: Krenland' s steelmakers are losing domestic sales because of lower-priced imports, in many cases because foreign governments subsidize their steel industries in ways that are banned by international treaties. But whatever the cause, the cost is ultimately going to be jobs in Krenland' s steel industry. Ttherefore, it would protect not only steel companies but also industrial employment in Krenland if our government took measures to reduce cheap steel imports.
For many Krenlandian manufacturers who face severe international competition in both domestic and export markets, steel constitutes a significant part of their raw material costs most seriously weakens the editorial's argument.