US Trade Representative Katherine Tai and US Secretary of Commerce Gina Raimondo announced a new 232 tariff agreement with Japan earlier this month. Under the terms of the agreement, Japanese steel products entering US markets will no longer be subject to the application of Section 232 tariffs.

Despite progress made between the US, EU and Japan to resolve Section 232 tariffs, a similar agreement has yet to be reached with the UK (although discussions between the two governments are ongoing). BAB and many of our members have actively engaged with this issue over the past several years and we urge both the US and UK government to prioritize a timely and constructive resolution to ongoing trade disputes.