1、 CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i Section 232 Steel and Aluminum Tariffs: Potential Economic Implications name redacted Specialist in International Trade and Finance name redacted Analyst in International Trade and Finance May 3, 2018 On March 23, the Uni
2、ted States began applying 25% and 10% tariffs, respectively, on certain steel and aluminum imports. The Administration has stated it is open to discussing terms for permanent exemptions from the tariffs for U.S. trading partners, based on addressing the perceived threat to national security. Pending
3、 such negotiations, U.S. imports of steel and aluminum from Argentina, Australia, Brazil, Canada, Mexico, South Korea, and the European Union were initially exempt from the tariffs until May 1. On April 30, the President extended for 30 days the temporary exemption from the steel and aluminum tariff
4、s for Canada, Mexico, and the European Union, to allow for further negotiation, and at the same time granted indefinite exemptions to Argentina, Australia, and Brazil given agreements in principle reached with those trading partners. South Korea also received a permanent exemption from the steel tar
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