Locke ambassadorship draws mixed steel views

Mar 10, 2011 | 09:56 AM | Maria Guzzo

Tags  China, Kirk, Locke, Obama, Nucor, DiMicco, Department of Commerce

PITTSBURGH — Industry reaction is mixed to President Obama’s nomination of Commerce Secretary Gary Locke as the new ambassador to China.

Perhaps best summing things up, Peter Morici, a professor at the University of Maryland’s Robert H. Smith School of Business, said the ambassaorship post gives Locke a chance to bark but without much bite.

"He’s (Locke) certainly a good choice to be ambassador," Morici told AMM. "But I don’t know that whoever is ambassador makes much difference if the president is not going to show more moxie in regard to China. Until we get some teeth in the currency policy, I don’t know if it matters who is ambassador."

Daniel R. DiMicco, chairman and chief executive officer of Nucor Corp., Charlotte, N.C., chairman of the American Iron and Steel Institute, and a member of the U.S. Manufacturing Council, said Locke will be missed at Commerce.....





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