"Global overcapacity in steel production can no longer be ignored. Foreign governments' intervention in steel markets has had a devastating impact on the U.S. industry"
About this Quote
The line “can no longer be ignored” is pure legislative pressure. It implies Washington has been asleep at the wheel and that delay is complicity. That’s a classic move in industrial-state politics: convert a long-running structural issue into a now-or-never crisis to justify rapid action that might otherwise look like protectionism.
Context matters. Steel is never just steel in American politics; it’s a proxy for manufacturing pride, union jobs, and the promise that the middle class can still be made, not merely managed. Baucus, as a senior Democrat and dealmaker, is signaling to labor and Rust Belt stakeholders that he’s willing to speak the language of grievance without sounding overtly nativist. “Foreign governments’ intervention” is a carefully chosen villain - it lets him criticize China or other state-backed producers indirectly while keeping the argument in the respectable vocabulary of rules, fairness, and enforcement.
Quote Details
| Topic | Business |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Baucus, Max. (2026, January 16). Global overcapacity in steel production can no longer be ignored. Foreign governments' intervention in steel markets has had a devastating impact on the U.S. industry. FixQuotes. https://fixquotes.com/quotes/global-overcapacity-in-steel-production-can-no-82400/
Chicago Style
Baucus, Max. "Global overcapacity in steel production can no longer be ignored. Foreign governments' intervention in steel markets has had a devastating impact on the U.S. industry." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/global-overcapacity-in-steel-production-can-no-82400/.
MLA Style (9th ed.)
"Global overcapacity in steel production can no longer be ignored. Foreign governments' intervention in steel markets has had a devastating impact on the U.S. industry." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/global-overcapacity-in-steel-production-can-no-82400/. Accessed 12 Feb. 2026.




