On May 16, 2019, President Donald Trump issued a proclamation reducing Section 232 tariffs on steel imports from Turkey from 50 percent to 25 percent, which had been in effect since August 2018 (see Trump and Trade Update of August 17, 2018). This tariff decrease will become effective May 21, 2019, at 12:01 a.m.
U.S. Producer Files Trade Remedy Petitions Against Imports of Quartz Surface Products from India and Turkey
On March 7, 2019, Cambria Company LLC filed petitions on behalf of the domestic industry with the U.S. Department of Commerce (Commerce) and the U.S. International Trade Commission (Commission) seeking antidumping and countervailing duties on imports of certain quartz surface products from India and Turkey. According to the petitions, quartz surface product imports from these two countries are being sold at less than fair value in the United States and receive countervailable subsidies, causing material injury and threatening further material injury to the U.S. industry if duties are not imposed.
Continue Reading U.S. Producer Files Trade Remedy Petitions Against Imports of Quartz Surface Products from India and Turkey
USTR Lighthizer Testifies before Senate on “The Road Ahead for the WTO”
On March 12, 2019, Robert Lighthizer, U.S. Trade Representative (USTR), testified before the Senate Finance Committee regarding the World Trade Organization (WTO) and President Donald Trump’s desire for a more effective international trading system. In his prepared remarks, Ambassador Lighthizer stated that the United States remains active at all levels of the WTO but…
President Trump Announces Intent to Terminate GSP Designation for India and Turkey
President Donald Trump has officially notified Congress of his intent to terminate the designation of Turkey and India as beneficiary developing countries under the Generalized System of Preferences (GSP) program. Termination means that products from these two countries will no longer receive duty-free access to the U.S. market. Official removal of these countries’ designation under…
United States Increases Tariffs on Turkish Products; Turkey Responds with Increased Tariffs on U.S. Products
On August 10, 2018, President Trump announced on Twitter that the United States would double Section 232 steel and aluminum tariffs on Turkey, referencing the drop of the Turkish lira as his reason for hiking the tariffs. Later that day, the White House issued a presidential proclamation directing that a 50 percent ad valorem tariff…
European Union and Turkey Announce Tariffs on Certain U.S. Products
In March 2018, President Trump announced that under Section 232 of the Trade Expansion Act of 1962, the United States would increase tariffs on imports of certain steel products by 25 percent and imports on certain aluminum products by 10 percent on countries worldwide, including imports from the members of the European Union (EU) and Turkey. Although the EU was initially exempted from the imposition of tariffs, these tariffs came into place pursuant to two Presidential Proclamations issued on May 31, 2018. In response, the EU and Turkey announced their intent to impose retaliatory tariff measures.
Continue Reading European Union and Turkey Announce Tariffs on Certain U.S. Products