US will not waive section 232 tariffs

The US government continued to levy duties on steel and aluminum imports based on Section 232. The American Iron and Steel Institute (AISI) explained that the US and EU are positively seeking a solution to reduce global tensions. They predicted that effective solutions would be found before the end of the year.

The US government has said it will continue to negotiate with the EU, but has not promised to end Section 232 tariffs by the end of this year.

The United States is concerned that the removal of Section 232 tariffs could threaten the domestic steel industry before some countries, such as China, expanded their steel production capacity and sold surplus steel products overseas at low prices or at government subsidies have ceased.