Economic Firm Issues “Estimated Impacts of Tariffs on Steel & Aluminum”

Independent economists Dr. Joseph Francois and Laura M. Baughman of the Trade Partnership Worldwide, LLC have issued a Policy Brief which estimates the impact on the US economy of the tariffs and retaliation by trading partners.  The brief includes state-by-state job losses in every state.  Some highlights include: The tariffs and retaliation would increase US … Continue reading Economic Firm Issues “Estimated Impacts of Tariffs on Steel & Aluminum”

AWPA Provides Industry Product Exclusion Request List

As part of its support to AWPA members, AWPA will keep a running list of the Section 232 Product Exclusion Requests for wire and wire rod, updated daily.  The List of Steel Wire Industry Product Exclusion Requests can be found on the AWPA webpage, devoted to Section 232 materials.  The list provides a link to … Continue reading AWPA Provides Industry Product Exclusion Request List

Swiss Steel Exporter Sues US for Unconstitutional Section 232 Tariffs

(Excerpts from World Trade Online, March 29, Isabelle Hoagland) Severstal Export GmbH, a Swiss exporter of steel, and its US affiliate, Severstal Export Miami, are suing the Trump administration at the US Court of International Trade (CIT) for the unlawful imposition of tariffs and arguing the restrictions should not impact steel shipments already in transit. … Continue reading Swiss Steel Exporter Sues US for Unconstitutional Section 232 Tariffs

Korea To Be First Country With Steel Quota Agreement

(Excerpts from World Trade Online, Jenny Leonard and USTR Fact Sheet) After seven months of amendment talks, the United States and South Korea last Friday (March 23) reached an agreement in principle that includes … a product-specific quota to limit Korean exports of steel to the US, as well as a deal on currency, sources … Continue reading Korea To Be First Country With Steel Quota Agreement

Major Changes to the Section 232 Tariffs Just Before They Become Effective

The steel and aluminum tariffs went into effect at 12:01AM Eastern time this morning. Last night, March 22, the President issued a new proclamation making major changes in the March 8 proclamation on steel and aluminum. Country exemptions: Argentina, Australia, Brazil, Canada, European Union (Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, … Continue reading Major Changes to the Section 232 Tariffs Just Before They Become Effective

Wire Rod from Italy, Korea, Spain, Turkey, and United Kingdom – Commerce Announces Final Margins

The US Department of Commerce (Commerce) has released its final determinations in the antidumping (AD) investigations of carbon and alloy steel wire rod from Italy, Korea, Spain, Turkey, and United Kingdom and the countervailing duty (CVD) investigations of carbon and alloy steel wire rod from Spain and Turkey. The final margins are as follows: Italy … Continue reading Wire Rod from Italy, Korea, Spain, Turkey, and United Kingdom – Commerce Announces Final Margins

USTR Lighthizer Ways and Means Hearing

On Wednesday, March 21, USTR Ambassador Lighthizer testified before the House Ways and Means Committee about the Administration’s trade agenda. Here are some highlights, provided by Janet Kopenhaver, AWPA Director of Government Affairs: NAFTA ISDS Provision Committee Chairman Kevin Brady warned Lighthizer that the NAFTA Agreement will have a hard time passing the House if … Continue reading USTR Lighthizer Ways and Means Hearing

Commerce Secretary Ross Ways and Means Hearing

On Thursday, March 22, Commerce Secretary Wilbur Ross testified before the House Ways and Means Committee about the Administration’s trade agenda. Here are some highlights, provided by Janet Kopenhaver, AWPA Director of Government Affairs: Chairman Brady’s Opening Statement Chairman Kevin Brady (TX-8) included in his opening remarks five priorities he has for the 232 tariffs … Continue reading Commerce Secretary Ross Ways and Means Hearing

EU Formalizes Section 232 Retaliation Lists

On Friday, March 16, the European Union (EU) released two lists of US imports on which it would impose tariffs in retaliation for the United States’ imposition of tariffs on EU exports of steel and aluminum products. The first list would be implemented within 90 days and the second list would apply if the steel and … Continue reading EU Formalizes Section 232 Retaliation Lists

Office of the US Trade Representative (USTR) Is Responsible for Country Exemptions

The Presidential Proclamation on the restriction of steel imports, under Section 232, provided that any country with which the United States has a security relationship may seek to discuss “alternative ways to address the threatened impairment of the national security caused by imports from that country.” If a “satisfactory alternative” is reached, the President may … Continue reading Office of the US Trade Representative (USTR) Is Responsible for Country Exemptions