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U.S. ANNOUNCES DEAL WITH JAPAN TO PARTIALLY ROLLBACK SECTION 232 STEEL TARIFFS

On February 7, 2022, the USTR announced a deal to partially rollback the Section 232 tariffs on steel from Japan through the use of a tariff rate quota (“TRQ”).  The TRQ will be set to allow for the importation of historically-based volumes of Japan steel products without the assessment of Section 232 tariffs.  Highlights of […]