Section 232 Update: As of March 12, 2018
To Our Valued Customers,
We want to keep you updated on Section 232. Here is what we know as of today:
On March 8th, the President signed a proclamation imposing 25% duties on many steel articles shipped into the United States as of March 23, 2018. The tariffs apply to all countries except Canada and Mexico. The proclamation also said that information would be forthcoming regarding an exemption process.
As you know from our prior communications, we are very disappointed with this decision and oppose these tariffs for many reasons. (We would be happy to provide you with copies of our letters to the President and other officials imploring them not to institute these tariffs.)
We are working diligently through these uncertain times to ensure material is available. We have trusted relationships and partnerships with both domestic and foreign mills and are working with them to do all that we can to bring you the highest quality materials when you need them, at the best value our current market can offer.
We will continue to share information with you as we receive it. Our sales representatives are available to discuss specific material needs and are at your disposal.
We thank you for your continued business and trust in Gibbs Interwire.
Sincerely,
Bill
William J. Torres
President & CEO
