Section 232 tariffs have shifted the flow of trade in steel and aluminum since their 2018 introduction, Descartes Datamyne trade data shows. On April 2, the U.S. administration revised rates and changed how they are assessed. Breaking from previous content-based...
U.S. Section 232 tariffs, broadly imposed on steel and aluminum imports in 2018, were a central trade strategy of the first Trump Administration. Descartes Datamyne trade data provides an indication of what the tariffs, deployed to protect U.S. industry against the...
Recent agreements with South Korea to impose a quota on steel imports (instead of a 25% tariff); to lower KORUS FTA barriers to U.S. cars, trucks and auto parts. The end result may impact U.S.-South Korea trade patterns. Just before implementing new tariffs of 10% on...
