Global Trade Alert Message:
In one of Joe Biden’s first trade actions, he reinstated a 10 percent duty on aluminum imports from the United Arab Emirates (UAE). This tariff was previously in effect until former President Trump removed it just one day before leaving office. The United Arab Emirates is one of the world’s biggest aluminum producers. President Biden said, “In my view, the available evidence indicates that imports from the UAE may still displace domestic production, and thereby threaten to impair our national security.”
The full article can be found on Politico here: www.politico.com/biden-aluminum-tariff-uae
Read the White House Proclamation on adjusting aluminum imports here: www.whitehouse.gov/adjusting-imports-of-aluminum