Tag Archives: Steel Tariffs

The United States Department of Commerce announced the U.S. and United Kingdom (U.K.) reached a deal to ease steel and aluminum tariffs, allowing U.K. steel and aluminum products to enter the U.S. without application of Section 232 tariffs. Retaliatory tariffs on over $500 million worth of U.S. exports to the U.K on goods, including American-made recreational boats, will be lifted. Since ...

The U.S. and Japan are set to announce a deal that would cut tariffs on steel. Under the agreement, a limited amount of Japanese steel will be allowed for import without the 25% levy imposed by President Trump in 2018. If Japan goes over that amount, the tariff would return. Japan is one of the top 10 sources of steel to the ...

On Monday, the U.S. Court of International Trade ruled that President Trump has the authority to impose tariffs on imports of steel and aluminum tariffs for national security reasons. NMMA was not a party to the case, but the association has urged the government to withdraw its steel and aluminum tariffs, which have caused the price of raw materials to ...