Trade showdown

Navigating the objection phase of the tariff exemption process

Kai Ryssdal and Phoebe Unterman Jun 21, 2018
HTML EMBED:
COPY
Trade showdown

Navigating the objection phase of the tariff exemption process

Kai Ryssdal and Phoebe Unterman Jun 21, 2018
HTML EMBED:
COPY

This week, Commerce Secretary Wilbur Ross announced the first official exemptions and rejections for companies that applied for exclusions from steel and aluminum tariffs. For seven lucky companies, that means they’ll get to stop paying the tariffs on specific imports — 25 percent for steel and 10 percent for aluminum. But for Sam Desai, who works at a company that makes stainless steel parts for appliances, the limbo continues as he starts parsing other companies’ objections to his exemption applications. We get into what that means and how these obstacles are affecting Desai’s business.

Click the audio player above to hear the full story. 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.