03/28/2022

SCOTUS Turns Away Challenge to Trump Steel Tariffs

The administration doubled tariffs on steel imports from Turkey

The U.S. Supreme Court on Monday declined to hear a challenge by steel companies to former President Donald Trump's 2018 decision to double tariffs on steel imports from Turkey on national security grounds - a policy move defended by President Joe Biden's administration.

The justices turned away an appeal by steel importers - including Transpacific Steel LLC and the Jordan International Company as well as Turkish steel producer Borusan Mannesmann and its U.S. subsidiary - of a lower court's ruling against their challenge.

Trump increased what had been a 25 percent tariff to 50 percent, which the steel companies have argued exceeded his authority. They had sought repayment from the U.S. government of the $54 million they paid collectively in duties.

Please select this link to read the complete article from Reuters.