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US Steel Markets in Hibernation Mode amid Section 232 Deadline

Mark O'Hara
US Steel Markets in Hibernation Mode amid Section 232 Deadline

Does the US Steel Industry Look Healthy This Month? The Section 232 temporary exemptions that were extended by President Donald Trump on April 30 are set to expire by the end of this month. As quoted by CNBC, the statement on the exemptions said, “The Administration is also extending negotiations with Canada, Mexico, and the European Union for a final 30 days.” By stating the word “final,” the Trump administration seems to have put pressure on the exempted countries.