WASHINGTON—The Commerce Department has proposed a 24 percent global tariff on steel shipments coming into the U.S. and a 7.7 tariff on imported aluminum.
BENTON HARBOR, MI—Whirlpool Corp. is adding 200 jobs after the Trump Administration imposed a tariff of up to 50 percent on large residential washing machines, a penalty aimed at imports from rivals Samsung Electronics Co. and LG Electronics Inc. The new full-time employees will work at an assembly plant in Clyde, OH.
SEOUL—The federal government’s decision to impose tariffs of up to 50 percent on imports of washing machines and key components could disrupt the supply chains to the U.S. assembly plants of Samsung Electronics and LG Electronics.
WASHINGTON—Invoking powers the U.S. hasn’t used in more than a quarter century, the Trump administration has begun an investigation into Chinese aluminum imports that could lead to tariffs. The Commerce Department is taking the unusual step of initiating the case itself, rather than going through the regular route of starting an investigation based on petitions filed by U.S. companies.
In his August 2017 editorial, “Tariff Debate Pits Producers Against Consumers,” chief editor John Sprovieri clearly posed the dilemma of low-priced Chinese steel imports, which have severely impacted the U.S. steel industry.
In April, President Donald Trump made good on a campaign promise and ordered the Commerce Department to conduct a “Section 232” review of steel imports. A provision of the Trade Expansion Act of 1962, Section 232 authorizes the gov-ernment to take action to limit imports of products if they threaten national security.
WASHINGTON—The U.S. government moved to impose substantial punitive tariffs on hundreds of millions of dollars of imported steel products from South Korea and eight other countries, a much-anticipated decision that marks one of the largest anti-dumping cases in recent memory.
In September, the Obama administration filed a complaint with the World Trade Organization (WTO) accusing China of illegally subsidizing exports of auto parts.
