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US starts accepting steel, aluminum product exclusion requests from tariffs

IANS  |  Washington 

The has started accepting the domestic industry's product exclusion requests from the recently announced tariffs on and aluminum imports on Monday, according to a rule published by the department.

The interim final rule, published on the government official journal Federal Register and formally effective on Monday, outlines the procedures for the US industry to seek such exclusions, reports

Approved exclusions will be made on a product basis by the and will be limited to individuals or organisations that submitted the specific exclusion request, according to the rule.

"These procedures will allow the Administration to further hone these tariffs to ensure they protect our national security while also minimising undue impact on downstream American industries," US was quoted as saying.

It is estimated that the department will receive exclusion requests from 4,500 applicants and aluminum exclusion requests from 1,500 respondents, according to Politico, a US political website.

However, the has not informed the public how countries can be excluded from those tariffs, the report said.

The move came after the Trump administration's announcement of a 25 per cent on imported and a 10 per cent tariff on imported aluminum earlier this month, which would formally take effect on Friday.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, March 20 2018. 07:28 IST