Sanders said it’s now expected that Trump will sign “something by the end of the week” to activate the tariffs, but earlier in the week said an official proclamation could alternately be finalized early next week.
Last Thursday, Trump announced his intention to assess global tariffs of 25 percent on steel imports and 10 percent on aluminum imports, pursuant to separate “Section 232” investigations led by the Commerce Department into the national security impacts of steel and aluminum imports completed earlier this year.
Section 232 of the Trade Expansion Act of 1962 allows the President to assess tariffs, quotas, and other remedies to respond to imports that executive branch reviews determine are detrimental to national security.
On Wednesday, 107 House Republicans sent a letter to Trump, calling for remedies to be narrow and exclude all fairly traded products and those “that do not pose a national security threat.”
The letter also called for a “robust exclusion process” to be “announced at the outset” to allow U.S. companies to petition for and “promptly obtain” duty-free access for imports unavailable from U.S. sources or otherwise present extenuating circumstances.
Republicans are calling for existing steel and aluminum purchase contracts to be grandfathered to allow duty-free imports and “avoid disrupting the operation and finances of projects” already budgeted and ongoing.
“We support your resolve to address distortions caused by China’s unfair practices, and we are committed to acting with you and our trading partners on meaningful and effective action,” the letter says. “But we urge you to reconsider the idea of broad tariffs to avoid unintended negative consequences to the U.S. economy and its workers. We are eager to work with you in pursuing a workable, targeted approach that achieves our shared goal.”
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now