American Iron and Steel Institute has welcomed an agreement between the US and Japan to impose a tariff-rate quota on steel imports from Japan under Section 232. AISI President & CEO Mr Kevin Dempsey said “We thank Secretary Raimondo and Ambassador Tai for ensuring that, as the United States and Japan seek to expand their cooperation on addressing global steel excess capacity and related trade and customs enforcement matters, a tariff-rate quota on steel imports from Japan will be established under Section 232 to prevent another steel import surge that would undermine our industry and destroy good paying American jobs.”Mr Kevin Dempsey added “We appreciate the Biden administration’s continued recognition that the American steel industry is critical to our national and economic security and to efforts to build a more sustainable US economy. Proper implementation and enforcement of the TRQ will be essential to the ongoing success of the Section 232 program, as will continued vigorous enforcement of our laws to prevent circumvention and evasion of US trade remedy measures on steel.”
American Iron and Steel Institute has welcomed an agreement between the US and Japan to impose a tariff-rate quota on steel imports from Japan under Section 232. AISI President & CEO Mr Kevin Dempsey said “We thank Secretary Raimondo and Ambassador Tai for ensuring that, as the United States and Japan seek to expand their cooperation on addressing global steel excess capacity and related trade and customs enforcement matters, a tariff-rate quota on steel imports from Japan will be established under Section 232 to prevent another steel import surge that would undermine our industry and destroy good paying American jobs.”Mr Kevin Dempsey added “We appreciate the Biden administration’s continued recognition that the American steel industry is critical to our national and economic security and to efforts to build a more sustainable US economy. Proper implementation and enforcement of the TRQ will be essential to the ongoing success of the Section 232 program, as will continued vigorous enforcement of our laws to prevent circumvention and evasion of US trade remedy measures on steel.”
