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The U.S. International Trade Commission last week terminated the Section 337 case brought by U.S. Steel against Chinese steel manufacturers, officially ending a two-year investigation into alleged unfair trade practices.
NEW YORK -- The U.S. today argued that a quest by a steel exporter and its U.S. affiliate to obtain injunctive relief against the imposition of Section 232 steel tariffs does not serve the public interest, while the companies claimed the public would be best served by scrutinizing President Trump’s application of trade laws.
India is a top 10 exporter of steel and aluminum to the United States.
The omnibus also withholds funding for finalizing a rule to allow imports of Chinese poultry
The European Union launched a safeguard investigation into steel imports because it fears the newly imposed U.S. tariffs on steel and aluminum could divert more products onto the EU market, the European Commission announced today.
President Trump on Thursday confirmed the suspension of Section 232 tariffs for a group of countries until May 1, while negotiations about permanent exclusions continue, and said the U.S. would consider the imposition of quotas “as appropriate.”
The U.S. International Trade Commission on Monday terminated the final claim brought by U.S. Steel in a two-year-long Section 337 investigation against Chinese steel manufacturers, giving the ITC the option of imposing remedies on any defaulting respondents in the probe.
The first 2018 meeting of the Global Forum on Steel Excess Capacity, which concluded in Paris earlier this month, left sources wondering about its future, including data-sharing processes and whether Section 232 tariffs imposed by the U.S. would impact its effectiveness.
Commerce Secretary Wilbur Ross on Wednesday defended the administration’s decision to impose steep tariffs on steel and aluminum imports before skeptical senators who questioned how much thought was put into the remedies that are set to go into effect next week.
The process of deciding which countries and products should be exempt from Section 232 tariffs on steel and aluminum could inhibit the Trump administration's ability to renegotiate trade deals and pursue other initiatives, analysts and former trade officials contend.
Statements from President Trump linking recently announced Section 232 tariffs on steel and aluminum to the ongoing NAFTA negotiations and European Union trade policy issues could expose legal cracks in the administration’s defense against potential litigation in the U.S. and at the World Trade Organization, trade attorneys tell Inside U.S. Trade.
The U.S. Court of International Trade this week denied a request by three Canadian solar panel producers for a temporary restraining order that would have suspended safeguard measures the U.S. imposed on all countries in January.