Page 11 - Aruba-today-17 Sept 2020
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                                                                                                  BUSINESS Thursday 17 sepTember 2020
            U.S. companies seeking tariff relief faced red tape, delays




            By PAUL WISEMAN                                                                                                     enact  tariffs  was  a  costly
            AP Economics Writer                                                                                                 mess,"  Alabama  Demo-
            WASHINGTON (AP) — Com-                                                                                              cratic Sen. Doug Jones said
            panies  seeking  relief  from                                                                                       in a prepared statement is-
            President  Donald  Trump's                                                                                          sued  with  Sens.  Pat  Toom-
            taxes  on  imported  steel                                                                                          ey, R-Pa., and Tom Carper,
            and  aluminum  ran  into                                                                                            D-Del.
            long  delays  and  cumber-                                                                                          The  process,  Jones  said,
            some paperwork, a federal                                                                                           "was  quickly  overwhelmed
            watchdog found.                                                                                                     and  backlogged,  lead-
            The  U.S.  Government  Ac-                                                                                          ing  American  businesses
            countability  Office  report-                                                                                       to pay tariffs they shouldn't
            ed  that  the  Commerce                                                                                             owe and to spend months
            Department, overwhelmed                                                                                             trying to resolve their claim
            by  companies  lobbying  to                                                                                         with the department.''
            avoid the tariffs, could not                                                                                        Responding to the GAO in
            meet  its  own  deadline  for                                                                                       a  letter,  Commerce  Sec-
            processing  around  three-                                                                                          retary  Wilbur  Ross  said  the
            fourths of the requests.                                                                                            department  agreed  with
            And  Commerce  rejected                                                                                             the recommendations and
            nearly  a  fifth  of  the  appli-                                                                                   had already taken steps to
            cations  before  weighing                                                                                           resolve  the  paperwork  is-
            the  merits  of  the  appeal                                                                                        sues and to expedite deci-
            because  the  paperwork      In this June 28, 2018, file photo, rolls of finished steel are seen at the U.S. Steel Granite City Works   sions.
            was  incomplete  or  includ-  facility in Granite City, Ill.                                                        Last  October,  the  internal
            ed errors.                                                                                         Associated Press  watchdog  for  Commerce
            Trump's tariffs were contro-                                                                                        also  criticized  the  way  the
            versial from the beginning.  tariffs, primarily by showing  GAO found that 19,000 re-  The  GAO  called  for  Com-  department  handled  tariff
            Invoking a rarely used pro-  that they could not get the  quests  were  turned  down  merce  to  find  out  why  so  relief  requests,  saying  that
            vision of a 1962 law to label  metals they needed in the  "prior  to  decision  due  to  many  companies  failed  the  lack  of  transparency
            steel and aluminum imports  United States.                incorrect or incomplete in-  to  fill  out  the  paperwork  created  "the  appearance
            a threat to U.S. national se-  In  a  report  released  late  formation.''  GAO  said  that  correctly,  to  take  steps  to  of improper influence.''
            curity, Trump slapped tariffs  Tuesday, GAO said that the  Commerce  did  not  try  to  speed  up  the  decision-   The  Commerce  inspec-
            of 25% on foreign steel and  Commerce       Department  learn  why  so  many  appli-   making  process  and  to  tor  general  found  that
            10%  on  aluminum  in  2018.  was inundated with 106,000  cations  failed  to  meet  its  study the impact the tariffs  department  officials  had
            The  idea  was  to  strength-  requests  for  exclusion  from  submission  standards  or  to  had on the metals markets  discussed cases with "inter-
            en  U.S.  producers  of  steel  the  tariffs  --  far  more  than  fix the problem.    and  on  companies  that  ested parties'' without men-
            and aluminum by shielding  expected. The department  About  two-thirds  of  the  consume  steel  and  alumi-        tioning  the  exchanges  in
            them from foreign compe-     was  supposed  to  reach  a  requests  for  relief  were  ul-  num.                    official records. It also said
            tition.                      decision  on  each  case  in  timately  approved,  GAO  "The  GAO's  findings  affirm  that  Commerce  made  it
            U.S.  companies  that  relied  60 to 149 days, depending  found.   But   Commerce  what  thousands  of  busi-       more  difficult  for  compa-
            on  foreign  steel  and  alu-  on  whether  U.S.  aluminum  missed its own deadlines in  nesses  around  the  country  nies  to  get  exemptions  af-
            minum  were  allowed  to  and  steel  producers  ob-      79% of steel cases, and 72%  have  known  to  be  true:  ter hearing objections from
            appeal  for  relief  from  the  jected to the request.    of aluminum cases.           the  administration's  rush  to  supporters of the tariffs.q

            Celebs join Instagram 'freeze' to protest Facebook inaction



            BY KELVIN CHAN               "I can't sit by and stay silent  on  Instagram  and  support
            LONDON  (AP)  —  Kim  Kar-   while  these  platforms  con-  from  her  and  other  big
            dashian  West,  Katy  Perry,  tinue  to  allow  the  spread-  names for the boycott saw
            Leonardo  DiCaprio  and  ing  of  hate,  propaganda  Facebook shares slide in af-
            other celebrities are taking  and  misinformation  –  cre-  termarket trading late Tues-
            part in a 24-hour Instagram  ated  by  groups  to  sow  di-  day. They were down 1.7%
            "freeze"  on  Wednesday  to  vision  and  split  America  ahead of the market open
            protest  against  what  they  apart  –  only  to  take  steps  on Wednesday.
            say  is  parent  company  after  people  are  killed,"  The      organizers   behind
            Facebook's failure to tackle  Kardashian West posted on  "#StopHateforProfit,"    in-
            violent and hateful content  her  Instagram  account  on  cluding  civil  rights  groups
            and  election  misinforma-   Tuesday.                     such  as  the  Anti-Defama-
            tion.                        Facebook     declined    to  tion  League,  the  NAACP
            Hollywood  stars  and  influ-  comment  but  pointed  to  and  Color  Of  Change,
            encers  are  lending  their  recent     announcements  had previously led a cam-       This  Friday,  Aug.  23,  2019  file  photo  shows  the  Instagram  app
            backing to the "#StopHate-   about  what  it's  doing  to  paign that got hundreds of   icon on the screen of a mobile device in New York.
            forProfit" movement's latest  limit  the  reach  on  its  plat-  brands  and  nonprofits  to                                    Associated Press
            campaign. The movement  form of groups that support  join  a  Facebook  advertis-
            asks  people  to  put  up  a  violence  and  its  efforts  to  ing boycott in July.    dozen Hollywood stars and  groups to call "on all users of
            message highlighting what  protect the U.S. election in  Ashton  Kutcher,  Mark  Ruf-  celebrity  influencers  sup-  Instagram  and  Facebook
            they  called  the  damage  November.                      falo, Kerry Washington, Ro-  porting the campaign, the  to protest the amplification
            Facebook  does  but  other-  With  188  million  followers,  sario  Dawson,  Jamie  Foxx  organizers said.          of hate, racism, and the un-
            wise refrain from posting on  Kardashian  West  is  one  of  and  Sacha  Baron  Cohen  DiCaprio  said  he  was  dermining  of  democracy
            Instagram for a day.         the most influential people  were  among  about  two  standing with the civil rights  on those platforms." q
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