AEC & ET Foundation Newsroom
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AEC Applauds Administration's Decision - Section 232 Aluminum Tariffs
The AEC applauds the Administration's decision to remove four types of aluminum extrusions from the generally approved exclusions ("GAE") from the Section 232 aluminum tariffs. This is a positive development for the domestic extrusions industry and a good first step to address unfair trade practices by foreign producers. At the same time, the...
Member Alert: 48C Advanced Energy Project Tax Credit Program - Round 2 Now Open
We are excited to share a crucial update regarding the Qualifying Advanced Energy Project Tax Credit (48C) program. Here are some key dates and information you need to know:
Key Dates
- Wednesday, May 22, 2024: The DOE 48C Portal opened for concept paper submissions at 9 AM EST.
- Friday, June 21, 2024: Deadline for 48C concept paper submissions at 5 PM...
Revisions of the Section 232 Aluminum Tariff Process
On May 20, 2024, the Bureau of Industry and Security within the U.S. Department of Commerce published the long-awaited revisions to its exclusions process just posted in the federal register (read the published version HERE). Specifically, effective July 1, 2024, Commerce will remove six of the General Approved Exclusions on aluminum. The aluminum...
Mexico Walks Back Aluminum Tariff
On May 8, 2024, the Mexican government revoked the 35% tariff on unwrought unalloyed aluminum (i.e., primary ingots) and 20% tariff on unwrought alloyed aluminum (i.e., billets and slabs). Read the full story in S&P Global HERE. The revocation of the tariff comes less than a month after the tariff implementation. While the tariffs announced in...