Search Results for keywords:"U.S. aluminum industry"

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Search Results: keywords:"U.S. aluminum industry"

  • Type:Presidential Document
    Citation:86 FR 8265
    Reading Time:about 2 minutes

    The Proclamation 10144 issued by President Biden on February 1, 2021, revokes Proclamation 10139, which aimed to adjust the tariffs on aluminum imports from the United Arab Emirates (UAE). This decision maintains the existing tariffs from Proclamation 9704 to protect the U.S. aluminum industry, which is crucial for national security. While imports from the UAE had been reduced by 25% due to the tariffs and domestic production increased by 22% prior to the pandemic, the large volume of denied exclusion requests further justified the continuation of tariffs over introducing a new quota system.

    Simple Explanation

    The President decided to keep the extra taxes on aluminum coming from the UAE to protect workers in the U.S. making aluminum, saying it's important for keeping the country safe.