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    Analysis

    US Govt, Domestic Steel Boo WTO Section 232 Decision


    The federal government and the domestic steel industry lashed out against a World Trade Organization (WTO) decision ruling that the US violated international trade rules with Section 232 national security tariffs on steel and aluminum.

    thumbs downThe WTO on Friday, Dec. 9, ruled in favor of Norway, which challenged the Section 232 tariffs – 25% on steel and 10% on aluminum. Section 232 was implemented with an executive order from former President Donald Trump in 2018. The tariffs have remained in place under President Joe Biden, although they have been significantly scaled back against US allies such as the European Union, Japan, and the United Kingdom.

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