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President signs memorandum ordering investigation into imported steel

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President Trump is ordering the Commerce Department to investigate imported steel and whether current rules are costing America jobs - even threatening national security. 

The President signed the memorandum in the Oval Office Thursday. He's using a legal tool passed in 1962 to protect U.S. industries deemed vital to national security.

The President said imported steel that's priced cheaply to undercut American producers not only hurts employment, but makes America dependent on other nations in defense production.

Minnesota lawmakers are sounding off about the executive order and what it could mean for the Iron Range, and Minnesota's economy as a whole.

That includes Congressman Rick Nolan, who has mixed reviews, expressing "cautious support" for the action.

"We need a commitment from President Trump that he will continue to hold China accountable for their illegal steel dumping practices," Congressman Nolan said in a statement, "Absolutely no concessions can be made when it comes to ensuring the strength of our U.S. iron ore and steel industry."

Senator Amy Klobuchar praised the action, saying in part, "Launching this investigation signals that the Administration is willing to consider every tool we have to crackdown on unfair steel imports and help get our miners back to work."

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