WASHINGTON: US President Donald Trump announced that he would not impose quotas on uranium imports despite Department of Commerce’s findings that foreign uranium poses a threat to national security.
“At this time, I do not concur with the Secretary’s finding that uranium imports threaten to impair the national security of the US as defined under section 232 of the Act,” Trump said in a presidential memorandum released late Friday, referring to the Trade Expansion Act of 1962, media reports said.
The announcement marked a division from the previous position of the US President, who has slapped tariffs on imported steel and aluminum products and threatened to levy auto tariffs citing Section 232 investigation.
Comment