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ARGENTINA: Country Requests Final Exemption To US Duties On Steel

BUENOS AIRES (Alliance News) - Argentina has requested the final exemption to duties on ...

Alliance News 16 April, 2018 | 9:11PM
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BUENOS AIRES (Alliance News) - Argentina has requested the final exemption to duties on aluminum and steel imports in the US.

The request was made during the 8th Summit of the Americas over the weekend in Lima, after meetings between the Argentinean Minister of Production, Francisco Cabrera, and the Secretary of Commerce of the US, Wilbur Ross, among other officials.

"That was an important advance. We are optimistic that we will achieve the final exemption. Our job is to give these discussions and defend Argentinean production everywhere," said the minister.

At the end of March, the US announced that Argentina would initially be exempt from the duties on steel (25%) and aluminum (10%) imports. According to the Ministry of Production, Argentina represents only 0.6% and 2.3% of total U.S imports of steel and aluminum, respectively.

Copyright RTT News/dpa-AFX

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