Trade Cases
May 9, 2022
Written by Michael Cowden
The US will for one year lift Section 232 tariffs from Ukrainian steel, the Commerce Department said.
The move is necessary to support Ukraine in its war against Russia and because steel plays an outsized role in the Ukrainian economy, Commerce said in a press release on Monday, May 9.
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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.