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COMMERCE PUBLISHES REQUIREMENTS FOR EXCLUSION REQUESTS FOR SECTION 232 STEEL AND ALUMINUM TARIFFS

Today the Department of Commerce (DOC) issued new regulations on the requirements for submitting exclusion requests from the upcoming Section 232 tariffs on steel and aluminum products.  The tariffs of 25% ad valorem on steel and 10% ad valorem on aluminum take effect later this week for all entries for consumption on or after March 23, 2018. Products of Canada and Mexico are currently exempt. 

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Petitions for the Imposition of Antidumping Duties and Countervailing Duties on Imports of Laminated Woven Sacks from the Socialist Republic of Vietnam

I. Type of Action: Antidumping Duty (“AD”): Socialist Republic of Vietnam; Countervailing Duty (“CVD”): Socialist Republic of Vietnam;

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INCREASED TARIFFS ON CERTAIN STEEL AND ALUMINUM PRODUCTS LIKELY

President Trump has indicated that he intends to proceed with imposing increased tariffs on certain imported steel and aluminum products, which could take effect as early as 15 days after the President makes a formal decision.  The new tariffs will be based upon the recommendations contained in the Department of Commerce’s (“DOC”) reports on the impact of steel and aluminum imports on national security pursuant to the DOC’s self-initiated investigation under Section 232 of the Trade Expansion Act of 1962.  The Reports were issued on January 11 for steel and January 17 for aluminum products.  In the reports, the DOC recommended various actions to reduce the level of imports of these products including import quotas and/or increased tariffs (see below).

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Petitions for the Imposition of Antidumping Duties and Countervailing Duties on Imports of Rubber Bands from Thailand, People’s Republic of China, and Sri Lanka

I. Type of Action: Antidumping Duty (“AD”): Thailand, People’s Republic of China and Sri Lanka; Countervailing Duty (“CVD”): Thailand, People’s Republic of China and Sri Lanka;

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