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A group of over 300 businesses manufacturing in the U.S. sent a letter to President Joe Biden today requesting the immediate termination of the Section 232 steel and aluminum tariffs that were initiated three years ago under the Trump administration.
“Unstable,” “unpredictable,” and “slow” are words that both steel producers and steel-using manufacturers (steel “consumers”) are using to describe steel market conditions heading into 2020.
To say that the aluminium market has returned to ‘normality’ would be something of an understatement. The market remains far from ordinary and predictable.
The Coalition of American Metal Manufacturers and Users (CAMMU), issues a statement on the one year anniversary of the full implementation of the Section 232 tariffs on steel and aluminum imports.
In a statment released on Friday, May 17, the Coalition of American Metal Manufacturers and Users urges President Trump to terminate the remaining steel and aluminum tariffs.
A total of 45 groups representing many sectors of the U.S. economy recently joined the National Pork Producers Council in calling for an end to U.S. tariffs on Canadian and Mexican aluminum and steel imports.
The Trump administration decision to levy stiff taxes on imports of steel and aluminum has many sheet metal contractors seeking to lessen the impact of an unexpected jolt to their businesses.