Trade Cases
August 30, 2016
Written by Sandy Williams
Lewis Leibowitz opened the 6th Steel Summit in Atlanta, GA with a recap of what is happening in the trade regulation of steel imports.
In a quick poll preceding the presentation, the audience by a 53 percent to 47 percent vote said they were in favor of dumping suits. An overwhelming 97 percent said they believe steel prices in the US are generally higher than the rest of the world.
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The Biden administration issued three decisions last week that raise the question whether international trade will be harder or easier when it comes to infrastructure and commercial manufacturing in the US.
Mexico has decided to implement import tariffs on a number of products, among them, steel.
The office of the US Trade Representative (USTR) endorsed the World Trade Organization’s (WTO) panel report regarding the Section 232 duties against China on steel and aluminum. The report recognized the duties as “security measures,” rejecting China’s arguments against them.
The US Department of Commerce has published its preliminary findings in the antidumping (AD) trade case investigating tin mill products from China and Canada.