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Items Tagged with 'section 232'

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USDA: Trump tariffs cost $27B in lost exports over year and a half

01/12/22 6:21 AM By Bill Tomson

The retaliatory duties imposed on U.S. farm exports as a result of the Trump administration's tariffs cost the American ag sector $27 billion from mid-2018 through 2019, according to a new analysis by USDA's Economic Research Service.

US-EU deal ends steel dispute, EU to lift retaliatory duties

10/30/21 2:49 PM By Philip Brasher

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The European Union has agreed to lift retaliatory tariffs on U.S. exports in exchange for getting tariff-free access for some steel and aluminum shipments to America, the Biden administration announced on Saturday.

USTR seeks better trade remedy than 232 tariffs

05/12/21 3:58 PM By Bill Tomson

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The Biden administration wants a better trade remedy than the nearly 60-year-old Section 232 tariffs that the Trump administration enacted to counter imports of foreign steel and aluminum, U.S. Trade Representative Katherine Tai told lawmakers Wednesday.

USTR vows to resolve EU trade spats, but largely mum on China

04/28/21 3:24 PM By Bill Tomson

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U.S. Trade Representative Katherine Tai promised lawmakers Wednesday that work has begun to work out trade disputes with the European Union and the UK to create what President Joe Biden calls “a united front of U.S. allies,” but she largely left questions about China unanswered as the U.S. continues to study the situation.

Democrats demand publication of tariff report

02/19/20 6:16 AM By Bill Tomson

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The Trump administration continues to argue that it can use the threat of auto tariffs as a tool in negotiating trade agreements, but House Democrats are demanding that the Commerce Department report that supposedly justifies the threat be released publicly.

Finance Committee looks to blunt Trump’s tariff powers

08/14/19 6:40 AM By Bill Tomson

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Legislators may get their chance this fall to take back some of the authority on tariffs they gave away more than 50 years ago while also handing a rebuke to President Donald Trump.

US, Canada, Mexico reach deal on metals, clearing USMCA obstacle

05/17/19 3:29 PM By Bill Tomson

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The U.S. has agreed to lift its steel and aluminum tariffs on Canada and Mexico, removing major obstacles for ratification of the renegotiated North American free trade pact by all three countries.

US deal seen soon on metal tariffs with Canada, Mexico

05/15/19 7:27 PM By Bill Tomson

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The U.S., Canada and Mexico are getting close to a deal to lift U.S. steel and aluminum tariffs on its North American allies, clearing the way for ratification of a new trade pact for the three countries, says U.S. Treasury Secretary Steven Mnuchin.

The almond industry’s secret to weathering a storm of tariffs

05/15/19 12:07 AM

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As trade tensions ratchet up with China, the growing almond industry is becoming a larger target for tariffs around the globe.

US hurdles further complicate USMCA ratification

04/10/19 6:36 AM By Bill Tomson

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The renegotiated North American trade pact is popular in the U.S., Mexico and Canada, but the Trump administration and U.S. lawmakers are making ratification increasingly difficult with complications that threaten to derail the process.

Agri-Pulse Newsmakers: Dan Newhouse on ag labor reform, farmer leaders Amy France & Scott Metzger

The Securing Agriculture’s Workforce Act was recently unveiled in the House. Longtime ag labor reform champion Rep. Dan Newhouse outlines how a closed border could generate broad Congressional support for the bill. Plus, National Sorghum Producers Chairwoman Amy France and American Soybean Association President Scott Metzger discusses the top issues for their commodities during recent meetings in Washington.

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