Tag «President Trump»

President Trump pushes the button on Section 232 steel tariff – hitting the EU but excluding two other countries for now

Brussels, 9 March 2018 – President Trump has signed the order to hit steel imports from all countries with a 25% tariff – excluding Mexico and Canada for now – but choosing to slap duties on EU products. The European Steel Association (EUROFER) firmly condemns the decision by the President as being damaging and counterproductive …

“US choses global trade confrontation” warns EUROFER as President Trump adopts Section 232 National Security trade measures on steel   

Brussels, 1 March 2018 – President Trump has decided to impose a US import tariff of 25% on steel imports.  The tariff covers all steel coming from all countries totalling 35 million tonnes representing a value of $30 billion (2017). President Trump has chosen the most disruptive option among those recommanded by his Secretary of …

Do not pull trigger on trade war – urges EUROFER as President Trump receives Section 232 report

Brussels, 17 February 2018 – President Trump has been handed the Section 232 report on steel imports into the United States. The Section 232 report, commissioned in April 2017, is the result of US legislation permitting import restrictions to be imposed on national security grounds. The European Steel Association (EUROFER) warns that deployment of blanket …

SMA Supports President’s Buy American, Hire American Executive Order

Washington, D.C.  – Philip K. Bell, president of the Steel Manufacturers Association (SMA) commended President Trump for signing the executive order to “Buy American and Hire American”. The executive order will help maximize the use of domestically produced steel in federally funded infrastructure projects. This will also help minimize waivers and exceptions to Buy American …