Attorney Leibowitz on Section 232 Remedies: What’s Next?

The following article was written by trade attorney Lewis Leibowitz:

The president has a lot of discretion regarding the nature of the import restrictions that he imposes.  The Commerce recommendation gave the president three alternative recommendations: (1) across-the-board tariffs on all products from all countries (24 percent); (2) 53 percent tariffs on 12 leading countries and quotas on the rest equal to 2017 imports; or (3) quotas on all countries equal to 63 percent of 2017 levels.  “Steel products” are defined in the report by six-digit tariff codes. Five general categories of products are covered:  semifinished, flat, long, pipe and tube and stainless.