Category Archives: Section 232

American Metal Manufacturers and Users Call on President Biden to Terminate Section 232 Tariffs

The Coalition of American Metal Manufacturers and Users (CAMMU)  released a letter today sent to President Joe Biden requesting the immediate termination of the Section 232 tariffs on steel and aluminum imports enacted under the Trump administration.  Imposed almost three years ago, the Section 232 steel and aluminum tariffs have damaged US consuming industries that … Continue reading American Metal Manufacturers and Users Call on President Biden to Terminate Section 232 Tariffs

Changes to 232 Exclusion Process, and Generally Approved Exclusionss

On December 14, 2020, the Bureau of Industry and Security (BIS) of the US Department of Commerce published an interim final rule (“Interim Final Rule”) which makes changes to the process for seeking exclusions from tariffs imposed on steel (and aluminum) imports under Section 232 of the Trade Expansion Act of 1962. The Interim Final … Continue reading Changes to 232 Exclusion Process, and Generally Approved Exclusionss

After Threatening Tariffs, US President Places Caps On Brazilian Steel Imports

From MSCI: As Yahoo Finance reported, in a proclamation released late in the evening on Friday, August 28, President Donald Trump reduced the amount of steel that the United States can import from Brazil. The president said the US Secretary of Commerce had advised him “that there have been significant changes in the United States steel market … Continue reading After Threatening Tariffs, US President Places Caps On Brazilian Steel Imports

Supreme Court Denies AIIS Appeal

Yesterday, the US Supreme Court ruled that it will not consider the appeal by the American Institute for International Steel (AIIS), Kurt Orban Partners, and Sim-Tex which challenged the constitutionality of the Section 232 statute.  Previously, the Court of Appeals for the Federal Circuit (CAFC) affirmed the decision of the U.S. Court of International Trade … Continue reading Supreme Court Denies AIIS Appeal

PRESIDENTIAL PROCLAMTION EXPANDING STEEL TARIFFS COVERS ONLY NAILS AND BUMPER STAMPINGS

With the release of the Annexes to the Presidential Proclamation issued late Friday, January 24, we now know that only the products noted in the proclamation have been added to the steel tariff coverage.  While the proclamation outlined the criteria for coverage – that criteria was applied only to nails and bumper stampings.  Nail products … Continue reading PRESIDENTIAL PROCLAMTION EXPANDING STEEL TARIFFS COVERS ONLY NAILS AND BUMPER STAMPINGS

PRESIDENTIAL PROCLAMATION ADDS PRODUCTS TO STEEL TARIFF PROGRAM

Late Friday night, the White House issued a Presidential Proclamation expanding the scope of the Steel and Aluminum tariffs imposed under Section 232. The Proclamation imposes tariffs on products derived from steel and aluminum which have surged since the imposition of the original 25% Steel tariffs and 10% Aluminum tariffs.  However, the Annexes which will … Continue reading PRESIDENTIAL PROCLAMATION ADDS PRODUCTS TO STEEL TARIFF PROGRAM

Federal Reserve Board Releases Paper on Effects of Tariffs on US Manufacturing

The Federal Reserve has issued a working paper on the effects of the current tariff environment, including US tariffs and retaliatory tariffs on the US manufacturing sector. They estimate the impact of tariffs on manufacturing employment, output, and producer prices. They find that US industries “more exposed to tariff increases experience relative reductions in employment … Continue reading Federal Reserve Board Releases Paper on Effects of Tariffs on US Manufacturing

301 Tariff Exclusion Process Begins for Chinese Imports on List 3

On June 30, the Office of the US Trade Representative opened the process for requesting exclusions to Section 301 tariffs on Chinese products on List 3. The products on List 3 include Wire Products from Chapter 73 of the Harmonized Tariff System of the United States (HTSUS). The process is very different than the exclusion … Continue reading 301 Tariff Exclusion Process Begins for Chinese Imports on List 3

Supreme Court Declines Steel Section 232 Challenge

from National Law Review, June 26, 2019 The United States Supreme Court has declined to intervene in a challenge to President Trump’s authority to enact steel and aluminum tariffs for stated reasons of national security. The president has claimed authority to implement tariffs pursuant to section 232 of the Trade Expansion Act of 1962, as … Continue reading Supreme Court Declines Steel Section 232 Challenge

Steel Section 232 News and Updates

by Coalition of American Metal Manufacturers and Users (CAMMU) Steel prices continue to fall in the US (but also overseas). See the latest Steel Benchmarker Report June 2019 on hot-rolled steel.  Steel prices continue to go down in the US and around the world, with the price difference narrowing but still greater than pre-tariff prices.  … Continue reading Steel Section 232 News and Updates