The Trump administration’s national security tariffs on global steel imports will be upheld, after the U.S. Court of International Trade on Thursday rejected challenges to the administration’s analysis of the imports and its procedure in issuing and modifying the tariffs.
President Donald Trump in 2018 issued Proclamation 9705, which hit steel imports from most countries with 25% tariffs. He invoked Section 232 of the Trade Expansion Act, which gives the president power to temporarily restrict imports in the name of national security. Trump claimed that a global steel glut was threatening to undermine the U.S. steel industry to the ...
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