2/ #Argentina’s exporters earned $332 million on aluminum sales to the U.S. in 2016, according to @USTradeRep data.
1/ As expected, @CommerceGov has recommended protectionist measures, such as high tariffs or quotas, to limit steel and aluminum imports, including from #Argentina. https://nyti.ms/2Bz2sYT
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#Argentina’s@PRODUCCION_ARG team had hoped for a friendlier approach by@CommerceGov after@SecretaryRoss showed up at an Argentine Embassy reception Feb. 1. The two governments have clashed over Argentine biodiesel and drawn-out negotiations over Argentine beef and lemons.Show this thread -
4/ But in this case, the so-called Section 232 investigation targeted all steel and aluminum imports, and there was nothing
@cabrerafran,@braunmi or@ShunkoRojas could do to avoid the widely anticipated determination that these imports “threaten to impair the national security.”Show this thread -
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@SecretaryRoss has said he expects@wto complaints. We’ll see if#Argentina opts to litigate, an approach it has said it was also considering in response to the biodiesel tariffs.Show this thread -
6/ In recent years, albeit under a starkly different government,
#Argentina has had mixed success locking horns with the U.S. at the#WTO, losing a case about Argentine import restrictions (how the tables have turned), and winning a case on U.S. restrictions on Argentine beef.Show this thread
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