U.S. court upholds Trump's national security tariffs on steel imports
Reuters | Updated: 05-02-2021 02:06 IST | Created: 05-02-2021 02:06 IST
The U.S. Court of International Trade on Thursday upheld former President Donald Trump's "Section 232" national security tariffs on steel imports into the United States, issuing a decision denying a steel importer's challenge to the duties.
A three-judge panel at the New York-based federal court which hears challenges to trade actions said the tariffs, imposed in 2018, were legal under a Cold War-era national security trade statute, denying the request by New Jersey importer Universal Steel Products Inc to remove them.
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