Government/Policy
February 8, 2021
Written by Michael Cowden
Section 232 tariffs on imported steel and aluminum netted the U.S. government nearly $2 billion in its 2020 fiscal year.
U.S. Customs and Border Protection (CBP) collected $1.3 billion in Section 232 tariffs on imported steel in fiscal 2020 and $500 million in tariffs on imported aluminum, according to a recent report from the agency.
The US Department of Commerce has preliminarily determined that critical circumstances exist in the countervailing duty (CVD) investigation of imports of large-diameter graphite electrodes (LDGEs) from China.
The American Iron and Steel Institute (AISI) is pressing President Donald Trump to raise the issue of China’s steel exports and industry subsidies during his upcoming summit with Chinese President Xi Jinping.
The proposed Hyundai-POSCO steel mill in Louisiana has been approved for up to $1.3 billion in bond financing, according to state records and local media reports.
The phrase “Fortress North America” seems to resurface anytime US, Canada, and Mexico trade negotiations roll around. The idea of an economic Fortress North America burst onto the scene in the late 1980s and early 1990s in the lead up to NAFTA. In theory...
The Commerce Department has found high dumping rates of Chinese tin mill products in the US market.