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Commerce Department

(In Trade)
August 09, 2018

Hyundai is “planning to invest $2.5 billion to upgrade our facilities between now and 2021, but if tariffs take effect, all of that would have to be re-evaluated.”


(In Trade)
August 06, 2018

“Not aware of any other U.S. manufacturers currently capable of supplying the exact, or a substitute, product to meet Alcoa’s demands.”


(In Trade)
August 03, 2018

“Year-to-date, the goods and services deficit increased $19.6 billion, or 7.2 percent, from the same period in 2017.”


(Daily News)
August 02, 2018

Sen. Rob Portman (R-OH) is upbeat about the prospects for a bill he is pushing to reform a national security statute that has become a favorite trade tool of President Trump's, but fellow Ohio Sen. Sherrod Brown (D) continues to be critical of the idea that Congress should be given a greater role in the Section 232 process.


(Daily News)
August 02, 2018

The Commerce Department on Thursday announced final anti-dumping and countervailing duties on imports of Canadian uncoated groundwood paper that were lower than its preliminary levies after completing an investigation that has sparked opposition from both the newspaper industry and members of Congress.


(In Trade)
August 02, 2018

“Let's put it into arithmetic perspective: 25 percent on $200 billion, if it comes to pass, is $50 billion a year. Fifty billion dollars a year on an $18 trillion or so economy is three-tenths of one percent.”


(In Trade)
August 02, 2018

“Let's put it into arithmetic perspective: 25 percent on $200 billion, if it comes to pass, is $50 billion a year. Fifty billion dollars a year on an $18 trillion or so economy is three-tenths of one percent.”


(Daily News)
August 02, 2018

Supporters of the Export-Import Bank on the Senate Banking Committee on Wednesday were vexed by Sen. Pat Toomey’s (R-PA) suggestion that he might support President Trump’s nominee to lead the bank but continue to block a quorum on its board.


(Daily News)
August 01, 2018

A bipartisan group of senators on Wednesday introduced legislation to reform Section 232 of the Trade Expansion Act of 1962 by delegating the authority to initiate probes to the Defense Department and giving Congress a more significant role in assessing any proposed restrictions.


(Daily News)
July 27, 2018

The upcoming expiration of a 26-year old U.S.-Russian suspension agreement capping uranium imports from Moscow is fueling uranium contracts for non-U.S. allies and should be considered in parallel with the newly-initiated Section 232 investigation, U.S. uranium companies said this week.


(Daily News)
July 25, 2018

Sens. Lamar Alexander (R-TN) and Doug Jones (D-AL) on Wednesday introduced a bill that would require the U.S. International Trade Commission to conduct a study on the auto sector before any Section 232 tariffs are applied.


(Daily News)
July 25, 2018

Rep. Bill Pascrell (D-NJ) this week advanced a resolution that directly requests information from the administration on the president’s trade strategy toward China and the imposition of tariffs.


(Daily News)
July 24, 2018

House Ways & Means Democrats criticized the administration’s congressional engagement on trade policy after learning that Republican members of the committee would be able to address their concerns over the White House’s recent decisions to impose tariffs and processes relating to those actions with one of the president’s top aides on Wednesday.


(In Trade)
July 23, 2018

A research firm says uranium “could offer a new dimension to the debate” because “lawmakers tend to vote on energy issues in ways that reflect their underlying home-state or district-level resource bases.”


(Daily News)
July 20, 2018

EU Trade Commissioner Cecilia Malmström this week stopped short of fully endorsing a plurliateral solution to solve an auto trade dispute with the U.S., saying it was something that should be “explored” but not a surefire way to ease trade tensions.


(In Trade)
July 19, 2018

“If countermeasures were to be imposed by your allies in the context of the auto sector, the number of U.S. jobs lost would rise from 195,000 to 624,000 high-paying manufacturing jobs. These jobs could be lost to the U.S. forever.”


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