Global Fastener News

Tag "232 Tariffs"

U.S. Tariffs On Chinese Fasteners Delayed 2 Weeks

October 01
09:34 2019
    U.S. Tariffs On Chinese Fasteners Delayed 2 Weeks

U.S. President Donald Trump agreed to delay increasing tariffs on $250 billion worth of Chinese imports from Oct. 1 to Oct. 15 “as a gesture of good will,” Reuters reports. The tariffs were set to increase to 30% from 25% on the goods, including bolts, screws and other fasteners manufactured in China.

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232 Tariffs Hurt Tree Island Steel Sales

August 02
15:56 2019

“Our Q2 financial results were in part impacted by Section 232 steel tariffs and overall weaker demand in our end markets,” stated CEO Dale MacLean.

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U.S. To Lift 232 Metal Tariffs For Canada And Mexico

May 20
05:14 2019
    U.S. To Lift 232 Metal Tariffs For Canada And Mexico

The move will lift the 25% steel and 10% aluminum tariffs the U.S. placed on its North American neighbors almost a year ago. The tariffs are slated to end within 48 hours.

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G.L. Huyett Receives 232 Tariff Exclusions For Steel

December 10
06:55 2018
    G.L. Huyett Receives 232 Tariff Exclusions For Steel

“I suspect that we may be the very first company in the U.S. fastener industry to receive exclusions,” stated CEO Tim O’Keeffe.

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Despite Revisions, 232 Tariff Process Still ‘Inconsistent’

October 22
16:54 2018
    Despite Revisions, 232 Tariff Process Still ‘Inconsistent’

Nearly five months after the U.S. imposed tariffs on steel and aluminum imports, fastener manufacturers continue to receive “inconsistent” responses from the U.S. Commerce Department related to exclusions requests, according to the Industrial Fasteners Institute’s Washington representative Jennifer Baker Reid.

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Fastener Cos. Get Inconsistent 232 Tariff Waiver Responses

August 07
19:01 2018
    Fastener Cos. Get Inconsistent 232 Tariff Waiver Responses

“The Commerce Department continues to be overwhelmed, the process is inconsistent at best, and tilted to steel industry at worst,” Industrial Fasteners Institute’s Washington representative Jennifer Baker Reid told GlobalFastenerNews.com.

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EU Imposes Quotas for Steel & Stainless Wire Rod

August 07
18:44 2018
    EU Imposes Quotas for Steel & Stainless Wire Rod

“The imposition of 232 steel tariffs (by the U.S.) further increased the potential for import growth as the result of product previously destined for the U.S. market being diverted to the EU market,” writes Fastener + Fixing Magazine executive editor Phil Matten.

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