Trade Cases

SMA: Time to Act on Section 232
Written by Sandy Williams
December 4, 2017
The Senate passed a tax bill on Dec. 2 and is now in the process of reconciling it with the legislation passed by the House last month. Steel Manufacturers Association President Philip Bell said in a statement on Saturday, “It is our hope that after reconciliation the final legislation will result in significant economic growth that improves the fiscal situation for individuals, small businesses and corporations.”
With the most intense part of crafting the tax bill completed, SMA says the administration should now fulfill its pledge to steelmakers.
“With taxes completed, it is time to finish the Section 232 investigation and release the report on or before the statutory deadline in mid-January,” said Bell. “This will give the president ample time to review the report and propose remedies.
The Section 232 investigation, initiated in April, was tabled by Commerce Secretary Wilbur Ross so that Congress could focus on tax reform.
“Dealing with unfair and illegal trade that threatens our national security is vital,” added Bell. “A positive 232 outcome coupled with tax reforms will help SMA members continue to build businesses, lives and communities.”

Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases

SMU Survey: Less support seen for Trump tariff policies
Meanwhile, an increasing number think it's too early to say whether the penalties are going to bring more manufacturing to the US.

CRU: USW seeks exclusion for Canada from Trump’s tariffs
The union is also urging stronger enforcement against countries such as China which break trade rules, and a coordinated Canada-US strategy to protect union jobs across the North America

Price on trade: A lot happened last week – and it wasn’t all about tariffs
Should foreign investment be allowed to reshape the American steel Industry? Not to be lost in the recent on-again-off-again tariff frenzy, Nippon Steel’s proposed takeover of U.S. Steel has also found itself in President Trump’s crosshairs when it comes to trade and industrial policy. Nippon Steel initially announced its nearly $15-billion bid for U.S. Steel […]

Trump signs executive order aimed at making US shipbuilding ‘great again’
President Trump on Wednesday signed an executive order meant to breathe new life into American shipbuilding and curb Chinese dominance in the sector.

Trump still against selling USS to Japanese firm: Report
Despite ordering a new review of Nippon Steel’s bid for U.S. Steel, President Trump said he is still against selling USS to a Japanese company, according to media reports.