No matter what side of the Presidential election you were in favor of, we knew the Administration was going to change. For the AEC and Government Affairs we can find opportunities in these changes and work towards advancing our position with a new Administration and Congress. The AEC is actively monitoring any potential changes, which could affect our efforts related to the 232/301 Tariffs, Environmental Protection Agency (EPA) Grant Funding, United States Trade Representative (USTR) Global Arrangement Negotiations and other items of interest.
On October 30, the International Trade Commission (ITC) voted to rescind the tariffs on aluminum extruded products determined by the Department of Commerce (DOC). As we all know, the tariffs imposed under the China I case have played a major role in protecting the domestic industry and the hope was for this new case to increase the protections. Unfortunately, that was not the case. However, as we look forward to 2025, the AEC’s commitment to working with membership to ensure a fair and competitive environment that fosters growth and innovation for our members remains the same. Currently, the AEC is working with a variety of stakeholders to ascertain potential next steps and will be discussing potential steps with membership at the appropriate time.
On the 232 Tariff Exclusion Request front, positive results continue. To date there have been a total of 412 (191MM lbs) Exclusion Requests Submitted. Of the Exclusion Requests Submitted, 219 (45.4 MM lbs) have been Denied with only 3 (882K lbs) being Granted. Currently, there are 190 (144MM lbs) awaiting final decision. Our hats off to all the members who are engaged in the process. Well done!
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