Commerce Suspends Section 232 Tariffs on Ukrainian Steel

Posted by Kelsay Calvaruso on 5/9/22 5:00 PM

On May 9, 2022, in a press release, the U.S. Department of Commerce (Commerce) announced the suspension of Section 232 tariffs on Ukrainian steel for one year. According to the press release, 1 in 13 Ukrainians are employed in the steel industry, and “creating export opportunities for these mills is essential to their ability to continue employing their workers and maintaining one of Ukraine’s most important industries.”

The press release can be found here:

https://www.commerce.gov/news/press-releases/2022/05/raimondo-announces-temporary-suspension-232-tariffs-ukraine-steel

More information on the Section 232 steel investigation can be found here:

https://www.commerce.gov/issues/trade-enforcement/section-232-steel

 

Topics: Commerce, Steel, Ukraine, Trade Remedies

Expeditors' Newsflash articles are compiled from a number of public sources that, to the best of Expeditors' knowledge, are true and correct. It is our intent to present only accurate information. However, in the event any information contained herein is erroneous, Expeditors International of  Washington, Inc. accepts no liability or responsibility.                                                                                           

Copyright © Expeditors International of Washington, Inc.  Expeditors' Newsflash articles may not be reproduced in any form without advanced written consent of an authorized officer of the copyright holder.     

Recommended for you