The U.S. Executive Office of the President has responded to a joint letter from the Gas Appliance Manufacturers Association, the Air-Conditioning and Refrigeration Institute, the Association of home Appliance Manufactgurers, and the National Electrical manufacturers Association regarding U.S. Steel Tariffs. The associations had suggested the Section 201 tariffs, which range from 8-30 percent over 3 years, be reconsidered.
A response letter from U.S. Trade Representative Robert B. Zoellick stresses that the new steel tariffs are temporary and will be phased out over the 3-year period, during which time the U.S. steel industry is expected to take steps to become more competitve. Mr. Zoellick also cites that exclusions have been made for certain types of steel, and that some countries with free trade agreements with the U.S. have been exempted.
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