Raimondo Statement on Steel and Aluminum Tariff Rate Quota Extension
Dec 28, 2023
Raimondo Statement on Steel and Aluminum Tariff Rate Quota Extension
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Thu, 12/28/2023 – 13:41
Trade enforcement
FOR IMMEDIATE RELEASE
Thursday, December 28, 2023
Office of Public Affairs
U.S. Secretary of Commerce Gina M. Raimondo released the following statement after President Biden signed two Presidential Proclamations to extend the European Union’s access to U.S. tariff rate quotas (TRQs) for steel and aluminum for two additional years.
“President Biden’s economic agenda is rooted in standing up for American families, workers, and businesses. The actions he’s taking today to extend the European Union’s steel and aluminum TRQs underscore that guiding principle and his commitment to defending U.S. industry from uncertain or adverse economic conditions,” said Secretary Raimondo. “In doing this, the President is making sure we continue to have vibrant steel and aluminum industries in the United States, which are especially crucial for safeguarding our national security.”
The TRQ extension will take effect on January 1, 2024 and last until December 31, 2025. Last week, the European Union announced a continued suspension on tariffs on U.S. goods.
Resources:
A Proclamation on Adjusting Imports of Steel Into the United States
A Proclamation on Adjusting Imports of Aluminum Into the United States
Bureaus and Offices
International Trade Administration
Leadership
Gina M. Raimondo
Tags
Secretary Gina Raimondo
Aluminum
Steel
National Security
Read the full report from the U.S. Department of Commerce: Read More
