Government/Policy
March 13, 2024
Written by Ethan Bernard
US senators have introduced the “Stop Mexico’s Steel Surge Act,” which seeks to reimpose 25% Section 232 tariffs on Mexican steel imports.
Sens. Sherrod Brown (D-Ohio) and Tom Cotton (R-Ark.), joined by other senators, introduced the bipartisan legislation to “stop the dramatic increase in Mexican steel imports,” according to a statement released on Tuesday.
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.
In the trade case investigating subsidized wire rod imports from Algeria, the Commerce Department set final subsidy rates and officially issued the countervailing duty (CVD) order.
The US Department of Commerce has raised the anti-dumping duties (AD) on imports of oil country tubular goods (OCTG) from Vietnam.