U.S. Issues First Round of Products Excluded From Steel Tariffs
By Brendan Murray
June 21, 2018, 4:32 AM GMT+5
The U.S. Commerce Department announced the first round of products excluded from steel tariffs, citing no domestic availability or national-security concerns for 42 imports originating from Belgium, China, Germany, Japan and Sweden.
President Donald Trump in March imposed 25 percent tariffs on steel imports and 10 percent on aluminum, under Section 232 of a 1960s trade law. American companies were allowed to seek exemptions for certain metal products needed for their production.