News

U.S. Court Upholds Trump’s Steel Import Tariffs

The U.S. Court of International Trade has upheld former President Donald Trump’s “Section 232” U.S. national security tariffs on steel imports, denying a steel importer’s challenge to the duties.

A three-judge panel at the New York-based federal court, which hears challenges to trade actions under U.S. laws, found that the Commerce Department and Trump properly applied a Cold War-era trade law in imposing the tariffs.

Trump imposed 25 percent tariffs on imported steel and 10 percent on imported aluminum from most countries in 2018, arguing that these protections were necessary for U.S. national security to maintain healthy domestic production.

He invoked Section 232 of the Trade Act of 1962, which allows the president to restrict imports of goods critical to national security.

Click here to read the whole story from David Lawder at Rueters.com.

Related Articles

Back to top button