Policy

Public policy affecting the iron and steel industry.

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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.

Exempt Canada From Section 232 Tariffs, Treasury Secretary Tells Trump

06 June 2018 - U.S. Treasury Secretary Steve Mnuchin is urging President Donald Trump to rethink his decision to apply the Section 232 steel and aluminum tariffs to Canada, reports ABC News.

Mexico Slaps Retaliatory Tariffs on U.S. Whiskey, Agricultural Products

06 June 2018 - Mexico said it will impose tariffs on American steel, Tennessee whiskey and pork, among other products, as payback for a 25% tariff on Mexican steel, according to the Bloomberg news service.

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.

USW: Section 232 Tariff on Imported Canadian Steel is 'Unacceptable'

01 June 2018 - The United Steelworkers union slammed the Trump administration for imposing the 25% tariff on imported Canadian steel, saying that it is unacceptable to subject America’s closest ally to a measure pegged to national security.

House Speaker Breaks With Trump Administration on Section 232 Tariff

01 June 2018 - House Speaker Paul Ryan has come out against the Trump administration’s decision to subject the country’s closest allies to the Section 232 steel and aluminum tariffs.

EU, Canada and Mexico Will Face 25% Steel Tariff

31 May 2018 - The Trump administration is going ahead with its 25% tariff on steel imports from Mexico, Canada and the European Union and will begin assessing it on Friday.

India Nears Completion of Scrap Steel Policy

24 May 2018 - India is finalizing a national steel scrap policy and plans to open 20 scrapyards as it moves toward lifting steel production to 300 million metric tons annually, reports the Press Trust of India.

Another Protest Filed Against Section 232 Tariffs

23 May 2018 - India has become the latest country to file a complaint with the World Trade Organization over the Trump administration’s 25% tariff on imported steel, reports the Reuters news service.

Mnuchin: Tariffs on Chinese Steel Will Remain

22 May 2018 - Although the U.S. has agreed to hold off on imposing US$150 billion in tariffs on Chinese technology and other products, the Section 232 tariffs on Chinese steel will remain, Treasury Secretary Steven Mnuchin said.

Report: Tariffs Causing Downstream Steel Companies to Delay Investment Decisions

14 May 2018 - Although American steel mills are cheering the Trump administration’s Section 232 steel and aluminum tariffs, they are creating uncertainly among leaders of downstream businesses, which are postponing investments and suspending hiring and expansion plans, reports The New York Times.

Newport: Steel Tariffs Prompting Discussions About Excess Capacity

08 May 2018 - Any criticisms of the Section 232 tariffs notwithstanding, they certainly have sparked discussions among the world’s countries on excess steel capacity, AK Steel Corp. chief executive Roger Newport said Tuesday.

NAFTA Talks Reach Critical Stage

07 May 2018 - The negotiations over revisions to the North American Free Trade Agreement are entering a critical period this week as officials from Canada, Mexico and the U.S. look to resolve differences before elections change the equation, according to the Reuters news service.