Aluminum Tariffs 2024 Toyota. Said march 1 that the u.s. President biden's decision to further restrict trade in aluminum is a path certain to generate far greater economic costs, foment discord with trade partners, and assist china in its effort to.
In october 2021, the biden administration and the european union (eu) announced their commitment to negotiate, by 2024, the worldโs first green steel and aluminum agreement. On 10 july 2024, the biden administration reached an agreement with mexican president manuel lopez obrador to implement additional trade measures to prevent the circumvention of current united states (us) punitive tariffs imposed on steel and aluminum imports under section 232 of the trade expansion act of 1962 (section 232).