President Trump’s ability to apply duties in section 232 “national security” trade reviews may be curtailed by legislation introduced by Senator Corker. As well as reversing recent steel and aluminum duties that may change the course of the current section 232 review of the automotive industry which has been accompanied by a 5% rise in seaborne auto-parts imports in May vs. April. Passage of the legislation will depend on each Congressional representative’s view of the risk of supply chain disruption to auto industry operations in their state. The largest auto-parts importing states in t...
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