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Imports & Exports

The movement of iron and steel across international borders.

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Section 232 Tariffs Have Fostered Job Creation, Capital Investment, Think Tank Says

11 December 2018 - The Section 232 steel and aluminum tariffs haven’t yielded the disastrous economic consequences some had predicted and, in fact, have created new jobs and allowed for renewed capital investment, an economic think tank argues in a new paper.

Mittal Calls for Green Tax on Steel Imported Into Europe

11 December 2018 - ArcelorMittal executives on Tuesday said Europe ought to tax imported steel under the terms of its Emissions Trading System as a way to prod foreign producers into reducing emissions and maintain a level playing field for domestic producers. 

Section 232 Tariff Battle Enters a New Phase

21 November 2018 - The international dispute over the Trump administration’s Section 232 tariffs on steel and aluminum has ratcheted up, as opposing countries confirmed on Wednesday they will move to begin adjudication proceedings, the Reuters news service reports. 

Trade Group: Section 232 is Producing Intended Results

08 November 2018 - The Section 232 steel and aluminum tariffs have driven US$8.2 billion in capital investments and have allowed for the creation or restoration of around 7,000 jobs, the president of the Alliance for American Manufacturing trade group said Thursday.

Report: Trump Administration Looks for Quotas on Mexican Steel 

16 October 2018 - As part of discussion to lift the 25% tariff on steel imports with Mexico, U.S. negotiators are proposing a quota on Mexican imports, according to the Reuters news service. 

Looking to Block Diverted Steel, Canada Imposes Tariff on Seven Products

12 October 2018 - Canada is imposing a provisional tariff on seven steel products, saying the safeguard measure is necessary to prevent its home markets from being flooded with steel that would have been sold into the U.S., if not for the Trump administration’s Section 232 tariffs. 

Turkey to Impose Its Own Steel Safeguard Measures

08 October 2018 - Turkey is setting a quota on imported steel as trade measures in the U.S. and elsewhere deflect foreign steel into the Turkish market, according to the Reuters news service. 

Trump: Tariffs on Mexican, Canadian Steel Will Remain

01 October 2018 - Even as Canada and the United States have agreed to a new version of the North American Free Trade Agreement, President Donald Trump on Monday said the Section 232 tariffs on steel and aluminum will remain.

Report: India Might Win Limited Section 232 Tariff Exemption

19 September 2018 - The Trump administration reportedly has agreed to exempt some Indian steel and aluminum from the Section 232 tariffs announced in March, according to The (India) Economic Times. 

Canadian, Mexican Steel Associations Call for End to Tariffs

06 September 2018 - The Canadian Steel Producers Association and CANACERO, Mexico’s steel association, have called for an end to the Section 232 tariffs through the renegotiation of the North American Free Trade Agreement. 

Hopes Buoyed for U.S.-Canada NAFTA Deal

30 August 2018 - Trade negotiations between the U.S. and Canada have taken a turn for the better, with officials on both sides suggesting that they think they can come to terms on a new North American Free Trade Agreement by Friday. 

AISI: NAFTA Agreement Must Include Canada

27 August 2018 - The American Iron and Steel Institute called on the Trump administration on Monday to negotiate a revised North American Free Trade Agreement that includes Canada. 

Mexican Steel Group Talks Quotas Instead of Tariffs with Trump Administration

24 August 2018 - The Trump administration reportedly is discussing the potential of lifting the 25% tariff on Mexican-made steel in exchange for accepting an import quota, according to Reuters news service. 

Commerce Department Takes Action on Pipe Imports

23 August 2018 - The U.S. Department of Commerce has found that producers of large-diameter welded pipe in six countries have been dumping product and undercutting domestic prices. 

Mittal: Steel Tariffs Have Been a ‘Net Positive’ for Company

02 August 2018 - Rising steel prices and healthy demand propelled ArcelorMittal’s second-quarter profits to US$1.9 billion, its best quarterly finish since 2011. And chief executive Lakshmi Mittal is thanking one person: U.S. President Donald Trump. 

U.S., EU Hope to 'Resolve' Steel Tariffs

26 July 2018 - U.S. President Donald Trump and European Commission President Jean-Claude Juncker announced Wednesday that the two economies would work toward removing tariffs on industrial and goods and “resolve” the 25% steel tariffs imposed by the U.S. 

U.S. Mills Expand Circumvention Claims Against Processed Sheet From Vietnam

14 June 2018 - U.S. producers are accusing their South Korean counterparts of circumventing anti-dumping duties by shipping coils to Vietnam for processing into cold-rolled and corrosion-resistant sheet, reports Metal Bulletin. 

Senators Look to Block Trump on Section 232 Tariffs

07 June 2018 - A bipartisan group of senators have introduced a bill requiring Congressional approval on tariffs imposed in the name of national security.

EU to Move Ahead with Tariff Complaint at WTO

01 June 2018 - The European Union said it is filing a complaint with the World Trade Organization over the U.S. decision to impose the Section 232 tariffs on steel and aluminum. 

Anger Over Steel Tariff Decision Overshadows G-7 Meeting

01 June 2018 - The Trump administration’s decision to impose the Section 232 steel and aluminum tariffs on Mexico, Canada and the European Union has supplanted the agenda at a G-7 meeting of central bankers and finance officials in Canada, reports the Bloomberg news service. 

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