Ross, in Ways & Means briefing on 232 probes, floats negotiated solution on steel

The administration is considering a negotiated solution to tackle steel overcapacity that could involve “voluntary” agreements, House Ways & Means Committee members said on Thursday after being briefed by Commerce Secretary Wilbur Ross on his Section 232 investigations. Ways & Means members who met with Ross on July 27 stressed that the Commerce secretary showed he was aware of the complexities of the steel and aluminum investigations, as well as the implications of any actions that might follow their conclusion,...