Commerce Department

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

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

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.

“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.”

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.

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.

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.

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.