The U.S. Commerce Department, Bureau of Industry and Security (BIS), today released for publication in the Federal Register two notices concerning the tariffs proposed on imports of steel and aluminum under section 232 of the Trade Expansion Act of 1962.
Both the first BIS notice [PDF 185 KB] and second BIS notice [PDF 209 KB] concern requests for comments and procedures for submitting requests for objections or exceptions from the tariffs on steel and aluminum. Written comments must be submitted on or before 60 days after date of publication of the notices in the Federal Register, which is scheduled for 1 May 2018.
Two presidential proclamations (March 2018) are set to impose tariffs on imports of steel and aluminum under section 232 of the Trade Expansion Act of 1962. The proclamations authorized Commerce to grant exclusions from the customs duties under the tariffs by request of affected parties if the steel or aluminum articles are determined not to be produced in the United States in a sufficient and reasonably available amount or of a satisfactory quality or based upon specific national security considerations. In March 2018, an interim final rule addressed the process for requests for exclusions from the tariffs being imposed on certain imports of steel and aluminum into the United States. Read TaxNewsFlash-Trade & Customs
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