Lawsuit on New Section 232 'Derivatives' Tariffs Could Proceed Quickly After CIT Injunction for PrimeSource

A challenge to Section 232 tariffs that began Feb. 8 on finished steel and aluminum products could proceed quickly, if the Court of International Trade approves a jointly proposed schedule filed Feb. 14 that would have written arguments in the case wrapped up by May. CIT a day earlier issued a preliminary injunction barring CBP from collecting the tariffs from the importer that filed the lawsuit, PrimeSource. Oman Fasteners has requested a similar injunction in a separate case, but as of press time the court had not ruled on the motion. The preliminary injunction for PrimeSource results from an agreement between the government and PrimeSource nine days after the lawsuit was filed.