Search Results for keywords:"import policy"

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Search Results: keywords:"import policy"

  • Type:Presidential Document
    Citation:86 FR 6825
    Reading Time:about 7 minutes

    In this proclamation dated January 19, 2021, President Donald J. Trump announces an adjustment in the import policy for aluminum from the United Arab Emirates (UAE). The proclamation follows an investigation by the Secretary of Commerce, who concluded that aluminum imports from certain countries, including the UAE, posed a threat to U.S. national security. After negotiations, the U.S. and the UAE agreed on a quota system to control aluminum imports, allowing for removal of the UAE from a previous 10% tariff. This change is meant to stabilize domestic production and prevent excess imports, while ongoing monitoring will ensure national security interests are maintained.

    Simple Explanation

    The President decided to let in a certain amount of aluminum from a faraway place called the United Arab Emirates, which was like setting a limit on how much can come in, a bit like setting a limit on how much candy a person can eat. This is to make sure that America has enough aluminum and can make lots of things without getting too much from other places.