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16 Jul
10:50

Borusan Mannessman finds US CAFC opinion unfair

On July 13, 2021, the US Court of Appeals for the Federal Circuit (CAFC) released its opinion in an appeal concerning Section 232 duties on Turkish steel products. In a 2-1 decision, the appeals court reversed a lower court finding that the president did not have the authority to raise the Section 232 tariffs on Turkish steel from 25% to 50%. “We conclude that the best reading of the statutory text...understood in context and in light of the evident pur…
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