Trade Cases

Turnbull Says Australia Exempt from Trump's Tariff
Written by Tim Triplett
March 13, 2018
Even though the Commerce Department has until next week to issue procedures for handling exclusion requests, Australian Prime Minister Malcolm Turnbull has announced via Twitter that his nation will be exempt from the tariffs on steel and aluminum imposed by the Trump administration March 8.
The United States’ closest trading partners, Canada and Mexico, were exempted from the 25 percent tariff on steel exports and the 10 percent tariff on aluminum exports that other countries face. But other U.S. allies are expected to line up to plead their case for relief. The Trump administration has said it will consider such appeals on a country-by-country basis. Australia appear to be first in line.
As President Trump tweeted on Friday: “[Turnbull] is very committed to having a very fair and reciprocal military and trade relationship. Working very quickly on a security agreement so we don’t have to impose steel and aluminum tariffs on our ally, the great nation of Australia.”
Turnbull responded on Monday: “What we have achieved is a commitment from the president that the tariffs on steel and aluminum will not apply to exports from Australia. This is very important for the thousands of people who rely on these industries for work.”
An exemption for Australia is particularly important to BlueScope Steel, which ships feedstock to its sister company Steelscape in the United States.
The Commerce Department has 10 days from the March 8 announcement of the tariffs to issue procedures for countries to follow in requesting exclusion from the tariffs. Presumably not via Twitter.

Tim Triplett
Read more from Tim TriplettLatest in Trade Cases

Price on Trade: IEEPA tariffs head to the Supreme Court, DOJ ramps up trade enforcement
International trade law and policy remain a hot topic in Washington and beyond this week. We are paying special attention to the ongoing litigation of the president’s tariff policies and the administration’s efforts to heighten trade enforcement.

Mexico considers stiff tariffs for steel, autos, and other imports
Mexico is considering imposing steep tariffs on imports of steel, automobiles, and over 1,400 other products. Its target? Countries with which it does not have free trade agreements, mainly China, India, Thailand, and other South Asian nations.

Leibowitz: With ‘reciprocal’ tariffs struck down again in court, what happens next?
President Trump’s “reciprocal” tariffs under the International Emergency Economic Policy Act (IEEPA) were struck down again, this time on Aug. 29 by the Court of Appeals for the Federal Circuit (CAFC). The legal and policy mess continues, with the next stop being the US Supreme Court.

Market unfazed by US circuit court’s IEEPA decision
Repealing any reciprocal tariffs placed by President Donald Trump on US imports of direct reduced iron (DRI), iron ore, hot-briquetted iron (HBI), and pig iron would have only a nominal impact on the US steel market, market participants said.

ITC votes to keep HR duties after sunset review
The US government determined this week that hot-rolled steel imports from a handful of countries continue to threaten the domestic steel industry.