Recently, the Trump administration filed a brief with the Supreme Court against the American Institute for International Steel’s (AIIS) court case challenge of Section 232.
President Donald Trump’s administration cited the 1976 Supreme Court case – Federal Energy Administration v. Algonquin SNG, Inc. as precedent.
AIIS is arguing that the Section 232 is unconstitutional. In response, the Trump administration says the President can adjust imports under specific circumstances where national security is threatened.
Also, with AIIS wanting to go straight to the US Supreme Court and skip the court of appeals, the Trump administration argued against it saying there is no “necessary or appropriate” reason.
The Section 232 duties were added to most countries last year. Earlier this month, they were removed from Canada and Mexico.
In other related news Trump announced new tariffs on all Mexican imports, to pressure Mexico in doing something about the illegal border migration.
On June 10, a 5% tariff will be added and raised to 10 percent on July 1, 15 percent on August 1, 20 percent on September 1, and to 25 percent by October 1.
A Stable Supply Of Houston Steel
Ace Steel Supply works hard to read the steel market so we can offer a stable supply of what you need. Consider looking at a stocking program with us for even more benefits to your business.
When you’re ready to save time, money and make your steel buying easier, give us a call.
“Making Business Easier”
Call ACE STEEL SUPPLY NOW!
HOUSTON STEEL SUPPLIERS
(Minimum 750$ Order)