The Trump administration is considering action under a rarely used provision of the U.S. trade laws — Section 232 of the Trade Expansion Act of 1962 — to address national security concerns related to steel and aluminum imports. [STEPHEN KOPLAN | July 26, 2017 |The Hill] Perhaps unsurprisingly, the prospect of higher tariffs on even a…
WASHINGTON (Reuters) – The top U.S. trade negotiator said late on Tuesday that President Donald Trump is determined to challenge China’s use of unfair subsidies and “non-economic” industrial policy to build up export industries that are costing American jobs. [ David Lawder | July 26, 2017 |Reuters] U.S. Trade Representative Robert Lighthizer, in a rare media interview,…
(Pittsburgh) — United Steelworkers (USW) International President Leo W. Gerard released the following statement in response to news reports that President Trump has decided to delay action in support of the domestic steel industry under Section 232 of U.S. trade law. Section 232 provides the President with significant authority to impose penalties if he determines that…
Foxconn, the Taiwanese electronics supplier for Apple and other tech giants, said Wednesday it would open its first major American factory in Wisconsin, a boost both for the battleground state’s economy and the Trump administration’s efforts to bolster domestic manufacturing. [ NELSON D. SCHWARTZ and VINDU GOEL | July 26, 2017 |New York Times] White House officials noted President…