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Topic: United States steel tariff 2002

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In the News (Mon 18 Mar 19)

  United States steel tariff 2002 - Wikipedia, the free encyclopedia
The steel tariff is a political issue in the United States regarding a tariff that President George W. Bush placed on imported steel on March 5, 2002 (took effect March 20).
To decide whether or not the steel tariffs were fair, a case was filed at the Dispute Settlement Body of the World Trade Organization.
The early withdrawal of the tariffs also drew political criticism from steel producers, as well as supporters of protectionism, but was cheered by proponents of free trade and steel importers.
en.wikipedia.org /wiki/Steel_tariff   (655 words)

 United States. The Columbia Encyclopedia, Sixth Edition. 2001-05
The United States has a broad range of climates, varying from the tropical rain-forest of Hawaii and the tropical savanna of S Florida (where the Everglades are found) to the subarctic and tundra climates of Alaska.
The United States is also one of the largest producers of cattle, hogs, cow’s milk, butter, cotton, oats, wheat, barley, and sugar; it is the world’s leading exporter of wheat and corn and ranks third in rice exports.
The Congress of the United States, the legislative branch, is bicameral and consists of the Senate and the House of Representatives.
www.bartleby.com /65/us/US.html   (14703 words)

 A Comparison of the United States and Chinese Steel Industries
The demand for steel products is projected to grow at CAGR (Cumulative Average Growth Rate) 1.4% in the next ten years as long as the growth rate of demand is as high as four per cent provided the economies in the United States and other major developed countries will be improving.
The integrated steel companies might start to see their profits return, but they will not have enough cash flow from operations to modernize plants and to sort out liabilities to the retirees, which is known as the "legacy cost".
In general, United States integrated steel mills cannot be restructured to be modern and competitive unless the issues of legacy cost and globalization are resolved.
www.oycf.org /Perspectives/18_093002/Compare_USChina_Steel.htm   (4360 words)

 No. 02-1141: Ta Chen Stainless Steel Pipe, Ltd. v. United States - Opposition
Washington, D.C. Whether a determination by the United States Department of Commerce that petitioner "failed to cooperate by not acting to the best of its ability to comply with a request for information" in an antidumping proceeding, 19 U.S.C. 1677e(b), is supported by substantial evidence and otherwise in accordance with law.
The United States Court of International Trade affirmed the Department's determination that petitioner and Sun were affiliated during the 1994-1995 review period.
The SAA states that "[a] party is uncooperative if it has not acted to the best of its ability to comply with requests for necessary information." 1 Uruguay Round Trade Agreements, H.R. Doc.
www.usdoj.gov /osg/briefs/2002/0responses/2002-1141.resp.html   (1971 words)

 Tariff Commission, United States - HighBeam Encyclopedia   (Site not responding. Last check: 2007-10-31)
TARIFF COMMISSION, UNITED STATES [Tariff Commission, United States] see International Trade Commission, United States.
The new Harmonized Tariff System of the United States so far is playing off-tune.
EU Commission urges governments to remain united in opposition to U.S. steel tariffs
www.encyclopedia.com /doc/1E1-x-tariffco.html   (232 words)

 SignOnSanDiego.com > News > Business -- United States exempts additional 295 products from stiff steel tariffs
The administration's action brings to 1,022 the total number of foreign steel products that have won a reprieve from the high tariffs that President Bush imposed a year ago as part of a three-year plan to give the domestic industry breathing room to modernize.
Along with the new exemptions, the administration, as scheduled under Bush's original order, announced that it was lowering the top tariff from 30 percent, the level in effect for the past year, to 24 percent.
The bottom tariff rate, which had been at 8 percent, was lowered to 7 percent.
www.signonsandiego.com /news/business/20030321-1528-steeltariffs.html   (562 words)

 USATODAY.com - Steel tariff ruling tests Bush   (Site not responding. Last check: 2007-10-31)
Bush initiated the tariffs to aid steel producers in Pennsylvania, West Virginia, Ohio and Michigan, swing states in the 2004 election.
Steel producers and unions are demanding that Bush resist the WTO.
But the United States also is the loser in another WTO case — over tax breaks for exporters — that could trigger sanctions against $4 billion worth of U.S. products if tax laws aren't changed by March 1.
www.usatoday.com /money/economy/trade/2003-11-10-steel_x.htm   (451 words)

 United States: History
During 2002 the Bush administration became increasingly concerned by the alleged Iraqi development and possession of weapons of mass destruction, and was more forceful in its denunciations of Iraq for resisting UN arms inspections.
Internationally and domestically, the United States government was the subject of condemnation from some quarters for aspects of its conduct of the “war on terror” in the second half of 2005.
The administration justified it by asserting that the president's powers to defend the United States under the Constitution were not subject to Congressional legislation and that the legislation authorizing the president to respond to the Sept., 2001, terror attacks implicitly also authorized the wiretapping.
www.infoplease.com /ce6/us/A0861712.html   (13755 words)

 U.S. to Consider Additional Steel Tariff Exclusion Requests, July 8, 2002   (Site not responding. Last check: 2007-10-31)
The European Union (EU) has threatened to impose its own tariffs on a range of goods imported from the United States in retaliation for the U.S. steel remedy if the Bush administration does not come up with satisfactory compensation, exclusions or a mixture of both.
Steel companies agreed during the meeting to provide the administration by September with specific plans on how they intend to use the opportunities provided by the remedy, he said.
He said the United States has been conducting a series of bilateral talks trying to encourage more capacity cuts.
www.usembassy.it /file2002_07/alia/a2070804.htm   (492 words)

 CNN.com - Europe angry at U.S. steel tariff - March 5, 2002
EU steel imports of 25.4 million tons from around the globe exceeded exports by only 2.25 million tons.
The reaction from Asia was also strong, with Korean steel industry sources saying the tariff would affect 80 percent of all U.S. steel imports.
Japan, which exported 2.2 million metric tons of steel to America last year and is facing a slump in demand for steel, gave its support for moves to take the U.S. to the WTO.
archives.cnn.com /2002/WORLD/europe/03/05/steel   (429 words)

 CNN.com - Japan poised for steel tariff measures - May 16, 2002
In March, the United States slapped tariffs of as much as 30 percent on overseas steel shipments into the United States.
Zoellick and the United States have not met a Japanese demand to relax tariffs on imports of other Japanese goods not related to steel.
The exact goods targeted have yet to be established, Kyodo states, with Japan keen to place the $4.9 million in steel tariffs first and as quickly as possible.
archives.cnn.com /2002/BUSINESS/asia/05/15/japan.steel/index.html   (377 words)

 Global Trade Negotiations Home Page
Because the United States is one of the world's largest and most open trade regimes, its trade policies have a profound effect on the overall condition of international trade.
In November 2003, a FTAA ministerial was held in Miami, which concluded in a weak agreement, stating that signatory countries would have the right to determine their own degree of commitment to the nine areas under negotiation.
The most recent case challenged safeguard measures (30% import tariffs) for steel imports enacted by the US in March 2002; in May 2003, the Dispute Settlement Panel ruled that the tariffs violate WTO rules.
www.cid.harvard.edu /cidtrade/gov/usgov.html   (1450 words)

 BBC NEWS | Business | Bush ditches steel import duties
The EU had carefully drawn up a list of products to target, which are produced in states expected to be the key battlegrounds in the November 2004 presidential election, such as citrus fruit from Florida.
The tariffs were originally imposed to satisfy an election pledge Mr Bush made to steel bosses and workers.
On Thursday the largest US steelworkers' union, the United Steelworkers of America (USWA) said the administration had caved in to "European flmail," and had betrayed workers and steel communities - many of which are in crucial election battleground states.
news.bbc.co.uk /1/hi/business/3291537.stm   (900 words)

 Russia to cut steel export tariff -DAWN - Business; April 30, 2002
Given the introduction of restrictions in the world steel market it is neccessary to support our producers, he said after a meeting of the Commission on Protective measures in Foreign Trade.
The United States imposed tariffs of up to 30 per cent on some steel imports from March 20 to protect its ailing steel industry.
At the time, the Russian government estimated the hefty tariffs could cost the country $400-$500m a year in revenues, while steel producers said they would increase market volatility and damage their struggling industry.
www.dawn.com /2002/04/30/ebr5.htm   (202 words)

 Commerce Department Explains Steel Tariff Exclusions, June 24, 2002
As a result, the President stated on March 5 that the Department and USTR have an additional 120 days, to July 3, 2002, to complete their consideration of pending exclusion requests.
On June 7, 2002, the first set of exclusions was announced resulting in the exclusion of 61 products from the safeguard remedy.
On June 17, 2002, the second set of exclusions was announced resulting in the exclusion of 47 products from the safeguard remedy.
www.usembassy.it /file2002_06/alia/a2062512.htm   (656 words)

 Australia and the United States: Shared Interests - Speech by Alexander Downer [March 8, 2002]
But on the one hand the United States are saying that and on the other hand it’s closing up its markets in actually a very … internationally, a very sensitive area — the steel market — where some developing countries as well as some developed countries like ours have a comparative advantage.
So here is a decision to protect the American steel industry which is going to make American steel mills on the west coast of the United States less efficient than they were and less competitive than they were.  Now, it has to be said that does not make a great deal of sense.
And this decision on steel, bad as it is, should remind us of how important it is for us to keep pushing to get these negotiations not only going but concluded on a free trade agreement with the United States. 
www.australianpolitics.com /news/2002/03/02-03-08.shtml   (698 words)

 USTR - Steel
Finally, the President directed the USTR, together with the Secretaries of Commerce and Treasury, to initiate negotiations on the rules to govern steel trade, so as to eliminate the underlying market-distorting subsidies that led to the oversupply conditions of the global steel industry in 2001.
In his proclamation terminating the safeguards, the President continued the Administration’s steel import monitoring and analysis (SIMA) program, established in 2002 concurrently with the steel safeguards, and administered by the Department of Commerce.
The SIMA program is an easy-to use, web-based licensing system for steel imports that provides timely, clear information on the steel market and does not restrict trade.
www.ustr.gov /Trade_Sectors/Manufacturing/Steel/Section_Index.html   (264 words)

 UNITED STATES: Steel companies call for increased tariffs, subsidies   (Site not responding. Last check: 2007-10-31)
The logic of the US argument is that China, Russia and other “less efficient” steel producing countries should shut down a greater proportion of their industries than the imperialist triad (US, EU and Japan) and thus rescue the triad from its overinvestment in steel-producing capacity.
Steel companies which account for 29% of US steel output are currently in bankruptcy and in the last 18 months nearly 15% of US steel capacity has become idle or will do so soon.
Following the last wave of steel overcapacity in the early 1980s, US producers invested tens of billions to “modernise” their plants, a move that exacerbated global steel overcapacity.
www.greenleft.org.au /back/2002/482/482p18.htm   (1552 words)

 [No title]
The United States Energy Information Administration estimates the world supply of oil shale at 2.6 trillion barrels of recoverable oil, 1.0-1.2 trillion barrels of which are in the United States.
In United States the Central florida is called the lightning capital.
Florida is said to be the most beautiful state in United States.
k00pie.blogspot.com /atom.xml   (5007 words)

 Tariff Commission, United States - HighBeam Encyclopedia   (Site not responding. Last check: 2007-10-31)
US lowers boom on shrimp imports, hiking tariffs for Vietnam and China; war of words heats up, as US supporters and opponents of anti-dumping measure take to the media.
Tariffs on other countries pending.(QFFI's Global Seafood Magazine)(United States)
(United States textile trade negotiator Jennifer Hillman, General Agreement on Tariffs and Trade)
www.encyclopedia.com /html/x/x-t1ariffc1o.asp   (265 words)

 WTO body reverses ruling on steel tariff -DAWN - Business; December 11, 2002
The US duties had been applied against certain steel products from European Union countries which were produced by 12 previously state-owned companies, which had received state subsidies before privatization.
Washington had claimed that European steel companies, privatized between 1987 and 1998, had unfairly received state aid.
The case is separate from the highly publicised imposition by Washington in March of tariffs ranging from eight to 30 percent on selected steel imports.
www.dawn.com /2002/12/11/ebr5.htm   (388 words)

 BBC News | BUSINESS | Trade war looms over steel dispute
The European Union has vowed to protect its own steel industry in the wake of the US decision to slap punishing penalties on imported steel.
US steel imports were worth about $8.6bn last year, making up 10% of world trade in steel.
The EU is afraid of a flood of surplus steel imports from countries such as Japan which will no longer be able to compete in the US.
news.bbc.co.uk /1/hi/business/1856760.stm   (708 words)

 Find in a Library: State and federal assistance for manufacturers hurt by steel tariff
State and federal assistance for manufacturers hurt by steel tariff
Subjects: Steel industry and trade -- United States -- Finance.
Steel industry and trade -- Connecticut -- Finance.
worldcatlibraries.org /wcpa/ow/bb127e7998dd0215a19afeb4da09e526.html   (91 words)

 Playing fair - Panorama - United States policy on steel subsidies; trade with Brazil - Brief Article Latin Trade - Find ...
The Bush administration proposed that countries around the world cut steel subsidies and let companies go bust only weeks after propping up U.S. steel companies with tariff protection.
Brazilian steel exporters say that they need a level playing field to compete against U.S. producers.
While U.S. officials have granted exemptions from the tariffs of up to 30%, Brazilian authorities say the country's involvement in the Free Trade Agreement of the Americas (FTAA) is contingent upon a loosening of U.S. protectionist policies.
www.findarticles.com /p/articles/mi_m0BEK/is_11_10/ai_94764208   (197 words)

 FTD - Schedule B Search Engine
These transactions are classified under approximately 8,000 different products leaving the United States.
The 6-digit identifier described as apple juice is aggregated into a broader category assigned a 4-digit identifier described as fruit juices and vegetable juices, etc. The 4-digit identifier is further aggregated into a broader category assigned a 2-digit identifier described as Preparations of Vegetables, Fruit, Nuts etc.
Steel Import Data January and February 2005 steel imports data have been revised.
www.census.gov /foreign-trade/schedules/b   (644 words)

 By Chapter, Harmonized Tariff Schedule of the United States
By Chapter, Harmonized Tariff Schedule of the United States
The links below correspond to the various sections in the Table of Contents for the Harmonized Tariff Schedule.
Simplification of the Harmonized Tariff Schedule of U.S. Current Tariff Database
www.usitc.gov /tata/hts/bychapter/index.htm   (1046 words)

 United States Steel
14:36 ET United States Steel Deeply Disappointed in Administration Decision to Remove Steel Safeguard Measures
10:02 ET United States Steel Vice President Bruce A. Haines to Retire
16:03 ET United States Steel Announces Treasury Appointments
www.prnewswire.com /gh/cnoc/comp/929150.html   (4894 words)

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