Trade Cases
February 27, 2018
Written by Sandy Williams
There was a lot of buzz on the trade front today, from posturing over the next round of NAFTA negotiations to commentary on the 2018 “Economic Report of the President”:
• Senate Finance Chairman Orrin Hatch (R-UT) told reporters that Congress will take “veto-proof” action if President Trump attempts to terminate NAFTA, adding that “we can’t afford to pull out of NAFTA.”
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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.