Section 232
Coverage of Section 232 in the Nexus archive.
- Michigan business leaders make adjustments amid trade war
Michael Howard's business, Howard Family Designs, in Warren heavily relies on lumber imported from Canada. Due to Section 232 emergency trade measures, taxes on imported Canadian softwood lumber and finished wooden furniture will climb up to 50%. This has caused raw materials like maple, birch, and dimensional softwood to significantly increase in price.
- USMCA Steel Tariffs: Mexico Demands Cut to 10% to Save Trade
Mexico demands the U.S. reduce steel and aluminum tariffs from 50% to 10% under Section 232, calling the current rate unsustainable. Economy Minister Marcelo Ebrard is advocating for this change to preserve trade relations.
- Two July Deadlines in Washington Will Test Peru’s Record Export Run
Two U.S. trade deadlines in July could impact Peru's export performance. A Section 232 critical-minerals negotiation report is due by July 13, with potential copper tariff additions, while a 10% tariff on most countries expires around July 24, leaving future actions uncertain.