ARLINGTON, Va. - President Bush's decision to rescind the tariffs imposed on steel is a "clear victory for consumers and the manufacturers of heating, ventilation, refrigeration, and air conditioning equipment for whom steel is a vital and fundamental component," stated William G. Sutton, president of the Air-Conditioning and Refrigeration Institute (ARI).
"ARI and its members made a strong case for repeal, and the facts proved overwhelming, especially as industry after industry joined us in making the argument that each day that we pay extra for steel means more jobs shifted to Asia," remarked Sutton, whose trade association represents manufacturers of more than 90 percent of the North American-produced central air conditioners and commercial refrigeration equipment.