“The [US] has successfully concluded discussions with the [UAE] on satisfactory alternative means to address the threatened impairment of the national security posed by aluminum imports from the [UAE], specifically a quota restricting the quantity of aluminum articles imported into the [US] from the [UAE],” according to the former president’s proclamation on Wednesday January 20.
It continued, “This measure is expected to allow imports of aluminum from the [UAE] to remain close to historical levels without meaningful increases, thus making it more likely that domestic capacity utilization will be reasonably commensurate with the target level recommended in the [US Secretary of Commerce’s] report.”
The quota will take effect on February 3.
The UAE now joins a small list of countries exempt from the Section 232 aluminium...