Supply Chain Research

U.S. Commerce Secretary Ross has confirmed President Trump’s decision to double section 232 duties on Turkish metals exports was driven by national security concerns. With Turkey only having accounted for 2% of U.S. imports of s232 steel and aluminum further countries might be targeted to deliver the administration’s goal of cutting imports and improving U.S. production. While U.S. imports fell 22% in July vs. March that only left imports in the past three months 8% below the first quarter’s level. A more significant drop may require a widening of the higher duties to other countries whe...