19 hours ago · In March 2018, President Trump invoked authority under Section 232 of the Trade Expansion Act of 1962 (19 U.S.C. § 1862) to impose 25% tariffs on steel imports and 10% tariffs on aluminum.

Section 232 Tariff Rate Quotas Note: Effective May 1, 2023, the Department of Commerce has directed U.S. Customs and Border Protection to modify its administration of the European Union Aluminum Tariff-Rate Quota, Japan Steel Tariff-Rate Quota, and the United Kingdom Steel and Aluminum Tariff-Rate Quotas. Presidential Proclamations 10327, 10356 ...

2 days ago · The president signed two official proclamations that would impose a 25 percent tariff on steel and aluminum from all countries. ... using a national security provision called Section 232 of the ...

1 day ago · Section 232 gives the president the power to impose tariffs on other countries national security grounds. The 2018 tariffs — 25% on steel and 10% on aluminum — provoked outrage in Canada and Mexico, U.S. neighbors and allies that resented being hit with trade sanctions and labeled as threats to U.S. national security.

Aluminum or steel articles shall not be subject upon entry for consumption to Section 232 duties, merely by reason of manufacture in a U.S. foreign trade zone. However, articles admitted to a U.S. foreign trade zone in “privileged foreign status,” shall …

Effective March 10, 2023, the U.S. increased the Section 232 tariff on aluminum articles and derivative aluminum articles that are the product of Russia to 200 percent.

May 23, 2024 · This paper provides an overview of Section 232 tariffs on steel and aluminum and shows how they have harmed the U.S. economy. Using the Tax Foundation’s General Equilibrium Model, we estimate that repealing the tariffs would boost long …

Under Section 232 of the Trade Expansion Act, the President has broad power to adjust imports — including through the use of tariffs — if excessive foreign imports are found to be a threat to US national security.

May 17, 2024 · BIS has administered the Section 232 exclusions process since the imposition of duties on imports of aluminum and steel in 2018, following investigations into the national security impacts of imports of aluminum and steel to the United States.

Apr 1, 2022 · President Trump initiated eight Section 232 investigations, and ultimately imposed tariffs under two investigations on steel and aluminum. Through new bilateral agreements, President Biden is addressing the Section 232 tariff measures taken by President Trump and has initiated a new investigation.