Industry News

US President Biden recovers 232 tariffs on aluminum products from UAE

Views : 428
Update time : 2021-02-04 17:45:49
US President Biden recovers the 232 tariffs on aluminum products from the UAE.

Biden said in an announcement that since the tariffs on aluminum imports have been imposed, such imports substantially decreased, including a 25% reduction from the UAE, and domestic aluminum production increased by 22% through 2019 before the coronavirus pandemic began.

In light of that history, Biden believed that maintaining the tariff is likely to be more effective in protecting the US' national security than the untested quota described in Proclamation 10139.

Biden's action not only gains praise from local aluminum producers but also gains support from United Steelworkers (USW).
Related News
Read More >>
South Africa’s coal exports rise on improved rail performance South Africa’s coal exports rise on improved rail performance
Jan .30.2026
South Africa’s coal exports rise on improved rail performance
Ukrainian industry to drive postwar recovery Ukrainian industry to drive postwar recovery
Jan .30.2026
Ukrainian industry to drive postwar recovery
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Jan .30.2026
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar
Jan .30.2026
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar