The U.S. Department of Commerce launched a new investigation, under the aegis of the little-used but now ubiquitous Section 232 of the Trade Expansion Act of 1962, this time investigating imports of automobiles and automotive components. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Unsurprisingly, while no decisions have been made […]
Tag: Section 232
This Morning in Metals: German Authorities Slap €205M in Fines on Steel Companies, Others
This morning in metals news, German steel companies are being hit with fines over price rigging, worker contract negotiations are underway at U.S. Steel and the U.S. Senate approved a symbolic measure that served to express frustration over the Legislature’s current lack of say in the process of imposing Section 232 tariffs. Need buying strategies […]
GM Says Section 232 Auto Tariffs Would Harm Its Competitiveness
The Trump administration’s Department of Commerce announced in May that it would be using Section 232 once again, this time to investigate imports of automobiles and automotive components. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Secretary of Commerce Wilbur Ross testified before the Senate Finance Committee on June 20, a […]
This Morning in Metals: Lighthizer Criticizes ‘Hypocrisy’ of Global Trading System
This morning in metals news, U.S. Trade Representative Robert Lighthizer lashed out at the E.U.’s retaliatory tariffs, the Section 232 exclusion request process has allowed for some commercial gamesmanship and automakers warns against potential tariffs on imports of foreign cars. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Lighthizer Tut-Tuts E.U. […]
American Institute for International Steel Files Legal Challenge of Section 232 Statute
Nations around the world have worked to formulate their responses to the U.S.’s Section 232 steel and aluminum tariffs of 25% and 10%, respectively, since they were instituted earlier this year. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Domestically, businesses have had the opportunity to file tariff exclusion requests with […]
Commerce Secretary Ross Testifies on Trade Actions Before Senate Finance Committee
Rising trade tensions are all the talk these days, stemming from an increasingly complicated web of tariffs, counter-tariffs and World Trade Organization (WTO) disputes, not to mention the ongoing talks surrounding renegotiation of the 24-year-old North American Free Trade Agreement (NAFTA). Need buying strategies for steel? Try two free months of MetalMiner’s Outlook On Wednesday, […]
Norway Requests Consultations With U.S. on Steel, Aluminum Tariffs
Norway became the latest country to request consultations at the World Trade Organization (WTO) with the U.S. over its Section 232 steel and aluminum tariffs. The dispute complaint was circulated to WTO members June 19. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook “In Norway’s view, the additional tariffs imposed by […]
This Morning in Metals: Energy Companies Seek Steel Tariff Exemptions
This morning in metals news, energy companies are lobbying for exemptions from the U.S. steel tariff, U.S. steel exports dropped in April compared with the previous month, and steel and iron ore prices fell by the greatest amount since March. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Asking for Exemptions […]
This Morning in Metals: China’s Aluminum, Steel Exports Surge in May
This morning in metal news, steel and aluminum exports from China were up in May; the National Retail Federation CEO panned the U.S.’s tariffs; and a White House economic analysis reportedly concludes President Trump’s tariffs will hurt economic growth. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Exports on the Rise […]
This Morning in Metals: U.S. Hits E.U., Canada, Mexico With Steel, Aluminum Tariffs
This morning in metals news, the U.S. finally slapped its Section 232 tariffs on the European Union, Canada and Mexico; China says it is ready to defend itself should a trade war transpire; and copper falls to a three-week low. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Tariffs Finally Hit […]
