March 1

No Formal Section 232 Announcement Yet…

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Trump opts against announcing steel and aluminum tariffs Thursday after fierce White House blowback

Article from Washington Post – President Trump decided against announcing tariffs on steel and aluminum imports on Thursday after 18 hours of frenetic pushback from inside the White House and on Capitol Hill, two people briefed on the decision said.

https://www.washingtonpost.com/news/business/wp/2018/02/28/white-house-planning-major-announcement-thursday-on-steel-and-aluminum-imports/?utm_term=.a5571aa0a276

Chief executives from steel and aluminum companies had been invited to the White House announcement, but officials now say that meeting will be a listening session. Tariff opponents, which include the U.S. Chamber of Commerce and the Business Roundtable, hope to make the delay permanent.

It appears a lot of people are paying attention to this incredibly important issue.

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Tags

aluminum imports, Department of Commerce, fabrication, Managed Inventory, manufacturing, President Trump, Section 232, steel experts, steel imports, Tariffs, trade balance


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