ANNOUNCED AS TEMPORARYNo
Import licensing requirement
On March 2, 2002, President George W. Bush authorized the implementation of a steel import licensing and monitoring program by issuing Proclamation 7529, which placed temporary tariffs on certain steel imports. The monitoring system required all importers of steel products to obtain a license from the Department of Commerce prior to completing Customs entry summary documentation. In a Federal Register notice published on October 13, 2016 (Volume 81, Number 198), the International Trade Administration of the Department of Commerce requested public comments on proposed modifications to the regulations for the Steel Import Monitoring and Analysis (SIMA) System that would extend the system until March, 2022. 'Extension of the authority for the SIMA System,' according to the notice, 'will ensure the Department's ability to track as early as possible certain steel mill imports into the United States and make the import data publicly available approximately five weeks in advance of the full public trade data release by the Bureau of the Census. Having such access to information about steel imports provides the public with greater knowledge to evaluate current market conditions.' That same information could be used for the development of anti-dumping and countervailing duty petitions or other import restrictions. Comments must be submitted on or before November 14, 2016.
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