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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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Webinar on Exclusion Requests for Steel and Aluminum Tariffs

Erik Smithweiss will be speaking on Wednesday March 21, 2018 on the new procedures for requesting exclusions from the Section 232 tariffs on steel and aluminum in a webinar for the Foreign Trade Association.  The 25% tariff on steel imports and 10% on aluminum go into effect on March 23, 2018.  For more information on the webinar and to register, please click here.

https://foreigntradeassociation.com/event-2865534 

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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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James McAndrew interviewed and quoted for his knowledge and expertise in the international trade in and investigation of art and antiquities by the Art Newspaper

 …Open the below link to the article.

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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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