'Buy American' Steel Clause Will Hurt U.S.

Thursday, January 8, 2009 10:17 AM

By: Greg Brown

The U.S. steel industry wants any government stimulus package to require the purchase of American-made steel, a clause The Wall Street Journal warns risks a damaging long-term trade war and end up costing American taxpayers too much money.

In an editorial titled “How to Turn a Recession into a Depression,â€