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US BIS starts products exclusions from section 232 on steel imports

U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Bureau of Industry and Security (BIS) has begun granting its first product exclusions from the Section 232 tariffs on imports of steel.  


Government Press Release
Updated: 21-06-2018 06:11 IST
US BIS starts products exclusions from section 232 on steel imports

Exclusions are being granted after a thorough and transparent process. (Image Credit: Pixabay)

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department's Bureau of Industry and Security (BIS) has begun granting its first product exclusions from the Section 232 tariffs on imports of steel.

"This first set of exclusions confirm what we have said from the beginning – that we are taking a balanced approach that accounts for the needs of downstream industries while also recognizing the threatened impairment of our national security caused by imports," said Secretary Ross.

Exclusions are being granted after a thorough and transparent process of public comment and analysis to determine whether domestic industry can provide those products of a satisfactory quality and in sufficient quantity, as well as whether it is in the U.S. national security interest to grant an exclusion for a specific product.

Exclusions generally are granted if there is no domestic availability and there are no overriding national security concerns with regard to the specific product. The 42 exclusion requests being issued today cover seven different companies importing steel products from Japan, Sweden, Belgium, Germany, and China. The seven companies receiving the exclusions are: Schick Manufacturing, Inc. of Shelton, Connecticut; Nachi America Inc. of Greenwood, Indiana; Hankev International of Buena Park, California; Zapp Precision Wire of Summerville, South Carolina; U.S. Leakless, Inc. of Athens, Alabama; Woodings Industrial Corporation of Mars, Pennsylvania; and PolyVision Corporation of Atlanta, Georgia.

The Department of Commerce will also be denying 56 steel exclusion requests from 11 different companies.

COUNTRY : United States