Steel, Aluminum Quotas Extended

President Biden recently extended the Tariff Rate Quota system on imported steel and aluminum from the European Union through 2025. OMA Connections Partner CliftonLarsonAllen reports that this means U.S. exports of certain products to the EU will not face tariffs — and U.S. customers won’t see a 25% tariff on EU steel or a 10% tariff on EU aluminum. 1/29/2024