Trade Cases
March 21, 2018
Reprieve from Steel Tariff May Prove Elusive
Written by Tim Triplett
Washington attorney Lewis Leibowitz offers the following trade update:
Several countries have arrived in Washington seeking exemption from the Section 232 steel and aluminum tariffs. The Trump administration surprised the market with its announcement Thursday that five other nations will join Canada and Mexico on the list of those exempt from the tariffs: the European Union, Australia, Argentina, Brazil, and South Korea. While those nations account for more than half of U.S. steel imports, others (notably Turkey, Russia and Japan) are still left to plead their cases.
