US President Biden recovers 232 tariffs on aluminum products from UAE
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).
