Leibowitz: Steel and Aluminum Consumers Pay the Duty Bill

The US International Trade Commission issued a report to Congress last week on the impact of the Section 232 import restrictions on steel and aluminum and the tariffs on imports from China under Section 301.

The report catalogued significant injury to downstream industries. Namely, those that use steel or aluminum in manufacturing. The losses were aggravated by the fact that American consumers (both industrial and individual) paid almost all the tariffs and quota rents. The economic burden of the Section 232 measures therefore falls on US consumers, not on foreign producers.

Lewis Leibowitz

Lewis Leibowitz, owner of the Law Office of Lewis E. Leibowitz, practices in the areas of international trade law, customs law, and international commercial transactions. He represents clients before all federal courts and agencies dealing with international trade matters. Mr. Leibowitz advises and assists clients in diverse matters including trade remedies, customs, foreign-trade zones and free trade agreements, trade negotiations, and related matters.. He can be reached at lewis.leibowitz@lellawoffice.com.