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Sources: Australia averted 232 restrictions in exchange for monitoring

August 23, 2018 at 7:18 PM
The Trump administration's decision to exempt Australia from Section 232 quotas and tariffs on steel and aluminum hinges on constant U.S. monitoring of imports, Inside U.S. Trade has learned -- an arrangement some sources described as akin to a voluntary export restraint for Australia. U.S. Customs and Border Protection tracks aluminum and steel imports from Australia on a weekly basis, sources familiar with the deal told Inside U.S. Trade, with one source calling the deal an "anti-surge regime." After the...

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