OPINION: This article may contain commentary which reflects the author’s opinion.
The U.S. Supreme Court has sided with former President Donald Trump in a case involving steel tariffs which was opposed by the administration of President Joe Biden.
USP Holdings contended that the Trump administration’s imposition of tariffs was incorrect, a stance lower courts rejected in an appeal. The Biden administration, for the most part, maintained the existing tariff levels while opposing USP Holdings and other steel importers who claimed the tariffs had adversely affected them.
“The Biden administration understands that simply lifting steel tariffs without any solution in place, particularly beyond the dialogue, could well mean layoffs and plant closures in Pennsylvania, Ohio, and other states where obviously the impact would be felt not only economically but politically,” Scott Paul, president of the Alliance for American Manufacturing, said.
“Trump cited Section 232 of the Trade Act of 1962, which permits the president to impose restrictions on the importation of goods deemed essential to national security. He said at the time that the tariffs were needed…
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