Economy, Business And Markets

USW Voices Support for Nuclear Deal

USW Voices Support for Nuclear DealUSW Voices Support for Nuclear Deal

The United Steelworkers (USW) International Executive Board issued a statement last week supporting the nuclear agreement reached between Iran and P5+1, as the US Congress is currently reviewing the Vienna deal.

“The USW supports the Iran deal because it would enhance national and global security as well as benefit the US economy…Without question, other countries will move forward to do a deal with Iran even if the United States withdraws its support. The damage from abandoning the deal could well create a new level of uncertainty in a region where uncertainty is often the precursor to economic upheaval and military unrest,” the statement reads.

“Also, if the United States withdraws its support, energy prices for manufactured goods and other traditional uses would most likely drop for the other countries while increasing here at home, once again helping others at the expense of American workers and consumers,” it added.

The statement noted that “if the US does not support the deal, domestic manufacturing such as the automotive, aerospace and medical device industries could be harmed, as other countries such as China have already claimed that they would do business with Iran. In fact, Germany, Italy and France have already sent delegations to Iran to explore export opportunities.”

The USW represents 850,000 workers in North America employed in many industries that include metals, rubber, chemicals, paper, oil refining and the services and public sectors.

The USW is the largest industrial labor union in North America, representing workers in the United States, Canada and the Caribbean in a diverse range of industries, including primary and fabricated metals, chemicals, glass, rubber, tires and  pharmaceuticals.