1、CRS INSIGHT Prepared for Members and Committees of Congress LegalLegal SidebarSidebar Pedal to the Metal: Commerce Recommends Revving Up Trade Measures on Steel and Aluminum Updated February 21, 2018 The Trump Administration is currently considering whether to impose tariffs and/or quotas that comme
2、ntators have suggested could dramatically affect both American steel and aluminum manufacturers as well as American businesses that import more than 30% of the 100 million tons of steel and more than 90% of the 5.5 million tons of aluminum they use each year. As the worlds largest importer of steel,
3、 any such action will not only have ramifications for the global economy, but, according to several reports, could also lead to retaliatory tariffs on American exports, such as Kentucky bourbon, Wisconsin cheese, orange juice, and Harley-Davidson motorcycles. The Presidents deliberations were prompt
4、ed by the U.S. Department of Commerces (“Commerce”) release of two reports on February 16, 2018. The reports detail the results of Commerces investigations, conducted pursuant to Section 232(b) of the Trade Expansion Act of 1962, on the effects on national security of (1) steel imports (the “Steel I
