4/27/2017

COMMERCE/TRADE DEALS/TRUMP MEMORANDA: “Presidential Memorandum for the Secretary of Commerce
Aluminum Imports and Threats to National Security
By the authority vested in me as President by the Constitution and the laws of the United States of America, including the Trade Expansion Act of 1962, it is hereby directed as follows:
Section 1. Policy. Core industries such as steel, aluminum, vehicles, aircraft, shipbuilding, and semiconductors are critical elements of our manufacturing and defense industrial bases, which we must defend against unfair trade practices and other abuses. In the case of aluminum, both the United States and global markets for aluminum products are distorted by large volumes of excess capacity much of which results from foreign government subsidies and other unfair practices. Efforts to work with other countries to reduce excess global overcapacity have not succeeded…
Sec. 2. Investigation. The Secretary of Commerce (Secretary) has initiated an investigation under section 232(b)(1)(A) of the Trade Expansion Act of 1962 (the “Act”) (19 U.S.C. 1862(b)(1)(A)) to determine the effects on national security of aluminum imports…
Sec. 3. Submit Report and Provide Recommendations. (a) The Secretary shall, consistent with applicable law, proceed expeditiously in conducting the investigation described in section 2 of this memorandum and shall submit to the President a report on the findings.”

-Donald Trump, “Presidential Memorandum for the Secretary of Commerce,” White House Office of the Press Secretary, April 27, 2017