U.S. procedures, relief relating to steel articles imported from Brazil (Section 232 action)
Steel articles imported from Brazil, Section 232 action
The Bureau of Industry and Security (BIS) of the U.S. Commerce Department today released for publication in the Federal Register a temporary rule establishing procedures relating to grants of relief from the quantitative limitation applicable to certain steel articles imported from Brazil for parties with preexisting contracts that meet certain specified criteria as part of the action under Section 232 of the Trade Expansion Act of 1962.
Read the temporary final rule [PDF 270 KB]
Summary
President Trump on August 28, 2020, issued Proclamation 10064, Adjusting Imports of Steel Into the United States, which lowered one of the Section 232 quantitative limitations applicable to Brazil for the remainder of 2020 and added a new basis for relief from those lowered quantitative limitations.
Today’s temporary final rule directs the Commerce Secretary to grant relief from the modified quantitative limitations in a limited aggregate amount under specific circumstances related to the fulfillment of existing contracts.
The temporary final rule is effective as of the date of publication in the Federal Register (scheduled for October 13, 2020) through December 31, 2020.
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