• SMU new site announcement banner
  • Skip to main content

    Trade Cases

    Section 232 Tariffs Cause Turmoil

    Written by Sandy Williams


    Commerce Secretary Wilbur Ross has made it official—there will be no tariff exemptions for Canada, Mexico, and the European Union.

    In a briefing on Thursday, Ross said the tariffs of 25 percent on imports of steel and 10 percent on imports of aluminum will go into effect at midnight. Argentina, Brazil, Australia and South Korea have agreed to voluntary quotas and are excluded from the tariffs.

    Latest in Trade Cases