Trade Cases
India Announces Safeguard Tariffs
Written by Sandy Williams
June 21, 2018
India is fighting back against U.S. tariffs on aluminum and steel by imposing higher tariffs on $235 million of American goods. The tariffs increase duties on 29 items including chickpeas, walnuts, almonds, lentil and artemia (brine shrimp). India, the largest buyer of U.S. almonds, has increased the tariff by 20 percent on almonds and walnuts to a duty of 120 percent.
The tariff list includes 18 iron and steel items, but India has backed off from the category of “motorcycles above 800cc” that would have hit Harley-Davidson with a 50 percent additional tariff. Harley Davidson has been a point of contention with President Trump, despite imports of only $10 million of motorcycles in 2017-18.
India was singled out by Trump at the G7 summit in Quebec for charging 100 percent tariffs on some U.S. goods. “We’re like the piggy bank that everybody is robbing,” Trump told reporters.
The new tariffs will take effect Aug. 4 giving both sides time for negotiation.
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
Bessent on Vietnam: 20% tariff stands, Section 232 protections apply
US Treasury Secretary Scott Bessent told reporters that tariffs for Vietnamese imports to the US are 20% and "specific industries" have trade protections under the Section 232 tariffs.
Steel groups welcome passage of budget bill
Steel trade groups praised the passage of the Big Beautiful Bill (BBB) in Congress on Thursday.
Canada moves to curb steel imports with TRQs
Canada has implemented tariff-rate quotas (TRQs) on steel imports to help stabilize its domestic market.
Commerce launches probe into unfairly traded rebar imports
Here are the details and a case timeline for the rebar trade case recently initiated by the Commerce Department.
Leibowitz on Trade: Who is winning the tariff debate?
Most economists will tell you that universal tariffs will result in inflation and reduce demand, causing a recession or worse. (After all, this is what happened in the 1930s). It is a rare product that is so essential that demand will not go down if prices go up.