Steel Sold in U.S. less than Fair Market Value Sandler, Travis and Rosemberg, writes, “A petition filed Feb. 4 alleges that fabricated structural steel from Canada, China, and Mexico is being sold at less than fair value in the U.S. market and benefiting from countervailable […]
Petitions for Imposition of Antidumping Duties and Countervailing Duties on imports of Certain Steel Wheels 12-16.5 inches in diameter from China Information derived from: Grunfield, Desiderio, Lebowitz, Silverman, Klestadt, LLP Type of Action: Antidumping Duty (“AD”) and Countervailing Duty (“CVD”): PRC Product: The scope of this […]
EU and US agree to fix Steel and Aluminum Tariffs President Donald Trump and European Commission President Jean-Claude Juncker agreed on July 25, 2018 to work together to ease tension and trade barriers between the two economies. According to American Shipper, “Amid trade tensions, the […]
Section 232 Investigation Comments On May 23, 2018, the Secretary of Commerce initiated an investigation to determine the effects on the national security of imports of automobiles, including cars, SUVs, vans and light trucks, and automotive parts. This investigation has been initiated under section 232 […]
It’s official Ad valorem tariffs are now mandated on steel and aluminum imports from all countries, now including Canada, Mexico and the European Union. As of midnight on June 1, 2018, an additional 25% duty will be placed on imported steel and an additional 10% […]
Information derived from U.S. Customs and Border Protection Cargo Systems Messaging Service: These duty requirements are effective with respect to goods entered, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on March 23, 2018. Commodity: Steel mill and […]
Canada, Mexico and Europe President Trump just announced the recent aluminum and steel tariff country exemptions have been postponed until June 1, 2018. Originally, Canada and Mexico would be exempt from the Section 232 duties imposed, 25% on steel and 10% on aluminum until May […]
U.S. Trade Representative, Robert Lighthizer, has announced that the U.S. exemptions from the recently announced steel and aluminum tariff will include Europe, Australia, South Korea, Argentina, and Brazil in addition to Canada and Mexico (as long as they agree to an updated NAFTA). In fact, […]
In early March 2018, The Department of Commerce made recommendations to President Trump to impose an additional tax on steel and aluminum imports, revealing after an investigation showed negative effects of steel imports on U.S. national security. Basically, The Commerce Department is making a case […]
Steel Import Tarrifs to take effect March 23 According to American Shipper, “Global tariffs of 25 percent on steel and 10 percent on aluminum will take effect March 23…. However, steel and aluminum imports from Mexico will be exempted from the trade remedies, pending a […]
