US Opens Rare Security-Focused Steel Probe

Law360, New York (April 20, 2017, 11:31 AM EDT) -- The Trump administration reached deep into its bag of trade enforcement tools Thursday as it announced a new investigation of steel imports through a rarely used trade law that allows the U.S. to impose tariffs if it decides that a flood of foreign goods poses a threat to national security.

The new probe is the first action taken under Section 232 of the Trade Expansion Act since 2001, and could lead to the imposition of hefty tariffs on foreign steel by an administration that has repeatedly...
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