Government/Policy
May 11, 2022
Written by Laura Miller
At the request of the House and Senate Committees on Appropriations, the US International Trade Commission has begun an investigation into the economic impact of the Section 232 and 301 tariffs on US industry.
The Commission is asking for detailed information on US trade, production, and prices in the industries that have been most affected by the tariffs.
Several steel trade organizations have called on President Trump to resist weakening Section 232 steel tariffs.
The US Commerce Department has raised the anti-dumping duties (AD) on imports of oil country tubular goods (OCTG) from South Korea.
After an annual administrative review, the Commerce Department increased the anti-dumping duties on large-diameter welded pipe from Turkey.
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.