By Graziella DiNuzzo, Director of Communications and Development, WTCGP “The World Trade Center of Greater Philadelphia really helped us. We can do the technology but we need their help to spread it around the world,” said Scott Bentley, CEO, VideoRay after receiving his award at the 16th Annual World Trade Centers Award and Celebration.
On May 3rd over 300 guests streamed up the magnificent staircase of the Pennsylvania Academy of the Fine Arts in Philadelphia to celebrate those individuals and organizations who have contributed to the economic growth of Southeastern Pennsylvania and New Jersey through global trade. The standing room crowd gathered in the museum’s grand rotunda to honor Leo, Tom Jr., and Michael Holt of Holt Logistics Corp who received the Global Business Leadership Award; VideoRay, the PA Member Company of the Year award; TD Bank, the NJ Member Company of the Year award and Chemtech International the first Legacy Award. WTCGP Board Chairman, Gary Biehn introduced emcee, Ukee Washington, CBS3 Philly news anchor, who stated the purpose of our award ceremony, “Each year the World Trade Center of Greater Philadelphia holds a celebration to honor the global achievements of so many companies and individuals who have exceeded the standards for international trade, services and economic development.” Ukee kept the excitement of the evening going as he cued up the jazz quartet who performed select music for each award recipient as they walked up to the podium to receive their award. The program also featured tribute videos for each honoree. And the photos say it all….click here for the photo gallery. “When I listened to the words of appreciation and commitment to our organization, whether through their videos or from the podium, I wanted to shout out, “Yes! this is what being a World Trade Center is all about.” I am grateful to our host committee and the individuals and organization who supported us in our celebration of our honorees, but who also helped us to raise the necessary funds to continue our work,” said Linda Conlin, President, WTCGP. Via The World Trade Center of Greater Philadelphia For Immediate Release
Contact: Graziella DiNuzzo [email protected] 215-454-6226 / 609-680-7670 Program assists overseas businesses from around the world to establish sustainable revenue through marketing into the USA PHILADELPHIA, PA. USA– April 23, 2018- The World Trade Center of Greater Philadelphia (WTCGP) and USA Strategic Ventures jointly announced today a new international business development program to assist overseas companies achieve their business expansion goals by marketing their products and services into the USA. “By combining forces with USA Strategic Ventures, the WTCGP is expanding our professional services to more readily assist overseas companies achieve their global business expansion objectives,” stated Linda Conlin, President of the WTCGP. “We provide extensive business advisory services to overseas companies interested in marketing into the USA and / or establishing a presence in the USA.” ”Overseas companies must pursue global market opportunities if they are to expand their customer base, increase revenues, and secure their future. It is no longer possible to only depend on domestic sales to achieve business expansion objectives,” stated, Alfred N. Basilicato, Managing Director , USA Strategic Ventures. “Formalizing our relationship with the WTCGP enhances our ability to develop market entry strategies that will result in measurable results to foreign clients in a cost-effective manner.” USA Strategic Ventures’ global business development program was created with over 25 years of successful international trade experience developing appropriate market entry strategies and establishing distribution channels resulting in sustainable and profitable incremental revenue. The WTCGP is a non-profit organization that assists companies doing business in the global marketplace. Our stellar international reputation and global connections provide our members and clients with legitimacy as they conduct business in new and existing international markets. Basilicato is an award winning experienced executive entrepreneur with diversified experience in sales and marketing, operations, manufacturing and finance. He assists clients develop and drive new revenue sources through international and domestic business development and by establishing strategic partnerships around the world. USA Strategic Ventures will provide consulting services to overseas companies who are interested in:
Requests for quotations for consulting services for marketing your products into the USA should be addressed to: Al Basilicato, Director International Business Development ,WTCGP Mailing address: One Penn Center, Suite 1690 1617 John F. Kennedy Blvd. Philadelphia, PA 19103 Email: [email protected] Phone: 215-866-4240 ext. 125 Website: www.wtcphila.org About WTCGP: The World Trade Center of Greater Philadelphia (WTCGP) is one of over 320 World Trade Centers in 89 countries around the globe. A non-profit and membership - based organization, the WTCGP accelerates global business growth for companies in Southeastern Pennsylvania and Southern New Jersey by providing customized, one-on-one trade counseling, market research, educational programs, trade mission support, business networking events, and powerful connections to customers and partners worldwide. Since 2002, the WTCGP has served as a catalyst for regional economic growth and job creation, helping area companies generate over $1.6B in incremental export sales, supporting over 20,200 jobs. Chemtech International: The First Member of the World Trade Center of Greater Philadelphia4/10/2018
Kaushik “Kosh” Daphtary received a letter inviting him to attend an event at the Delaware River Port Authority in Camden, NJ. That event was the announcement of the formation of the World Trade Center of Greater Philadelphia - the year was 2002. Marty Schiffman, current board member and one of the founders of the WTCGP was introducing the audience to the newly appointed President, Joanna Savvides. “There were about 30 companies represented in the room that day,” recounts Kosh Daphtary, President of Chemtech International. “Marty announced Joanna as President and then asked if anyone in the room would want to become a member of the World Trade Center of Greater Philadelphia. I raised my hand and Marty asked me to write a check,” Daphtary says smiling. “I was the very first member of the World Trade Center of Greater Philadelphia.” This year, Chemtech International will receive the first Legacy Award from the WTCGP at our 16th Annual World Trade Centers Day Annual Awards and Celebration taking place at the Pennsylvania Academy of Fine Arts on May 3, 2018. “It’s only fitting that Chemtech International will receive the first Legacy Award,” says Linda Conlin, President of WTCGP. “During one of our team discussions, we realized that during our annual awards celebration we also need to recognize those companies who have stood by us and believe in the mission of our organization.” Kosh Daphtary is currently Chairman and CEO of Chemtech International. Kosh’s son Neel Daphtary is President and his wife Surma Daphtary is Managing Director. History of Chemtech International Kosh Daphtary arrived in the United States in 1963 and within a short time, earned a bachelor degree in chemical engineering and chemistry, a master’s degree in chemical engineering and completion of the Wharton School of Business Management Graduate Program. In 1984, with a $400 investment and experience in a variety of industries including pulp and paper, plant design, construction and chemical Kosh and his wife Surma decided to start their own company – Chemtech International. Within 2 years, Kosh traveled to Singapore, Thailand and Malaysia and after finding some eager entrepreneurs, he secured his first distributors. Soon, he was spending almost 70 percent of his time traveling overseas for one to two months at a time. While he traveled extensively overseas and within the U.S. to build the business and customer base, Kosh’s wife and co-founder, Surma, was in charge of administration and business at home. Surma also traveled domestically and internationally when necessary to meet with customers and distributors. Over the years Chemtech has participated in several Trade Missions and Expos organized by the PA Department of Community & Economic Development and the U.S. Commercial Services offices, which took him to Singapore, Malaysia, Thailand, India, Sri Lanka, France, Hong Kong, Taiwan, Beijing, Mexico and South Africa. Kosh also took several trade missions with former Governors Tom Ridge and Mark Schweiker. By 1999, 30 percent of Chemtech’s business was international. Chemtech Awards In 2000, then Governor Tom Ridge sent Kosh Daphtary two letters. The first letter arrived on March 7, 2000 congratulating Chemtech International as a “PA 100 Company”, which entitled the company to free services by the Southeastern Pennsylvania Export Consortium’s (SEPEC), to help develop and build its international marketing strategy. A short time later in August of 2000, Governor Tom Ridge sent another letter to Kosh, this time congratulating Chemtech International as the winner of the Governor’s Export Excellence Award; an award Chemtech would receive again two years later by Governor Mark Schweiker. In 2002, Chemtech also received the Export Achievement Certificate from the US Department of Commerce / US Commercial Service for its accomplishments in the global marketplace. Chemtech offers a broad range of innovative environmental and safety compatible products and technologies with applications in various market segments: packaging, materials handling and environmental related products serving the chemical, electronics, semi-conductors, pharmaceuticals and automotive industries. Ron Drozd, WTCGP Export Services Manager has been proud to assist Chemtech in 28 countries, including India, Belgium, the Netherlands, Australia, New Zealand, South Africa, Taiwan, France, Vietnam, Germany, China, the Czech Republic, Poland, Russia, Brazil, Chile, Spain, Saudi Arabia, the United Kingdom, Sweden, Japan, Thailand, Hungary, Norway, Malaysia, South Korea, and Indonesia. Chemtech’s export sales represent 50% of total revenues. Chemtech International now exports products to over 50 countries. And Chemtech exports are “Made in America. “The factories we work with are in the United States, and not one product is imported, “says President, Neel Daphtary. “Our business is growing.” Technological advances in international business have helped companies like Chemtech maintain a presence in the marketplace without having to board an airplane for meetings. “Our transactions are done virtually, every day. We are able to reach a broad range of people and stay in touch with our loyal customers,” adds Neel. Our customers use smart phones and we are able to respond to their needs immediately. While Kosh embraces new technology, he still believes that nothing compares to a face-to-face meeting with customers. “I used to travel an average of 180 days a year outside of the US and I wouldn’t have it any other way,” Kosh says. “Our success is due to our staying power and our strong commitment to our customers. The hallmark of Chemtech’s success for the past 33 years is our goal to maintain continuity, and strong customer perception. We have built a reputation to meet and exceed quality and service remain loyal to our suppliers.” Chemtech International currently serves on the WTCGP Advisory Council since its inception, and also serves on the Board of the Global Philadelphia Association. Congratulations to the Daphtary family for their commitment to the World Trade Center of Greater Philadelphia and for believing in our mission. Join us as we honor Chemtech International with the 2018 Legacy Award in recognition of steadfast support, exemplary membership and dedication to the mission of the World Trade Center of Greater Philadelphia.
Via Philadelphia International Medicine ![]() Nominations for participation in the second annual Physician Partnership Program (PPP) sponsored by Philadelphia International Medicine (PIM) are now open. If you are interested in being part of an academically challenging, career enhancing, relationship building program, please take the time to review the enclosed application for the 2018 Physician Partnership Program. PIM will select 15 specialists from around the world to spend a week with their peers in Philadelphia’s academic medical centers this October. If you are one of the finalists, PIM will provide a stipend to subsidize your transportation and lodging costs to meet other global physicians, learn from your colleagues, and build new global friendships. We believe knowledge sharing among the world’s physicians will lead to better outcomes for patients – whether they are from Mexico, the Dominican Republic, Jamaica, Saudi Arabia, Kuwait, the United Arab Emirates, Bermuda, Lithuania or the United States. To show our commitment to this concept, PIM is launching a global, competitive program for specialists from international hospitals or health care organizations to come to Philadelphia from Oct. 15 to 19 and participate side-by-side with a peer. Successful nominees will observe surgery or clinic rounds, participate in grand rounds, attend faculty sessions, attend clinical team meetings and otherwise closely observe how American counterparts go about their clinical day. PIM is asking international organizations with which it works to nominate candidates for the equivalent of a $6,000 stipend, including a $3,000 cash travel and lodging stipend, and a clinical program valued at about $3,000. PIM staff and the PIM Board of Managers, with guidance and review by the PIM Physicians Advisory Committee, will make the final decisions on scholarship winners. To supplement the limited number of scholarships that will be awarded for 2018, some organizations may choose to support additional candidates with their own funds. Keeping in mind our logistic and academic constraints, PIM will entertain these requests. All program participants will be able to network with the international community in Philadelphia, establish friendships with physicians here and their fellow award winners, and enjoy the sites of Philadelphia, the birthplace of the United States, and of North American medicine. For more information about Philadelphia, go to www.visitphilly.com. For more information about PIM, go to www.philadelphiamedicine.com. Please read more about the Physician Partnership Program in the enclosed application form and overview. Important dates to remember are: Application deadline May 25; scholarship announcements July 16; program start date Oct. 15. If you have any questions, please do not hesitate to contact me at [email protected], or 001-215-575-3720. Sincerely, Leonard Karp
President and CEO
Via Philly.com
By Andrew Maykuth, Staff Writer @Maykuth | [email protected] Two new giant cranes capable of unloading the world’s largest container ships arrived in the city Saturday on a slow boat from China, the 21-story-tall structures so huge they literally stopped traffic when they cleared the Delaware Memorial Bridge with only six feet to spare.
The cranes, manufactured by Shanghai Zhenhua Heavy Industries Co. Ltd.(ZPMC) of Shanghai, at a cost of $12 million each, will allow the Port of Philadelphia to keep pace with other port facilities, port officials said.
“Now we have the cranes so we can be competitive on the East Coast,” said Jeff Theobald, the port’s chief executive, who was among the officials and workers who turned out to gawk at the oddly configured vessel dock at the Packer Avenue Marine Terminal. “This is a great day for the Port of Philadelphia,” said Jerry Sweeney, chairman of the Philadelphia Regional Port Authority. ![]()
The heavy-load Zhen Hua 16 vessel, owned by ZPMC, is specially designed to ride low in the water so that the cranes, which weigh 1,684 tons each and are 252 feet high, can be slid directly off the ship’s deck onto the wharves.
But the small amount of space separating the deck from the water means that the vessel must travel very slowly in the open water. It needed 91 days to sail to Philadelphia, passing below South Africa, with an intermediate stop in South Carolina, where it unloaded two cranes for the Charleston port. “They’re massive,” said Dave McGuire, PhilaPort project engineer, who traveled to Charleston to observe the elaborate unloading operation that will be repeated in the next few days in Philadelphia. “The closer they get, the more impressive they are.” The Zhen Hua 16 needed to take on extra ballast and wait until low tide to pass underthe Delaware Memorial Bridge, and just to be safe, authorities halted vehicular traffic on the bridge during the passage. The port corporation bought one of the cranes, and Holt Logistics Corp. and Greenwich Terminals LLC, which operates the Packer Avenue terminal, paid for the second.
“This will allow us to be more productive,” said Thomas J. Holt Jr., president of Astro Holdings LLC, the Packer Avenue lease-holder. “We can get ships in and out more quickly, which means more cargo, which means more jobs.”
Holt and the other officials praised Gov. Wolf for approving a $300 million grant in 2016 aimed at doubling the port’s container cargo capacity and creating about 2,000 more direct port jobs. The port and Holt have ordered three more of the new super post-Panamax cranes — so named because they can reach across larger vessels designed to pass through the widened Panama Canal. The three new cranes are scheduled to arrive next year. By Graziella DiNuzzo, Director of Communications and Development, WTCGP ![]() Translation affects every aspect of our lives in business and personally and literally makes the world go round. Every letter and phrase needs to be converted precisely to perfectly match not only the language, but also the culture. In The book, Found in Translation: How Language Shapes Our Lives and Transforms the World, authors Nataly Kelly and Jost Zetzsche write of translation errors that are not only costly but also dangerous. HSBC was forced to launch a $10 million rebranding campaign to repair the mistranslated slogan, “Assume Nothing,” which was translated to “Do Nothing” in various countries. WTCGP trade specialists counsel client companies to connect with a professional translation service company before entering a new market. Member company, MTM Linguasoft, a full service translation company provides a wide range of services to help companies avoid translation land mines. The idea to start MTM LinguaSoft came to Myriam Siftar in 2002, while working at a business incubator helping French businesses expand into the United States market. “I saw firsthand that even if you have the best products or services, opportunity for overseas growth is limited if you don’t speak the language of your prospective customers. And with the rise of online presence, it was obvious that global businesses would need international websites with multilingual content. From the start, I wanted the company to focus on the intersection of technology, language, and culture,” says Myriam Siftar, President MTM offers business translation services to support global companies with international trade in all sectors, including legal and medical translations. MTM also support global marketing and sales campaigns in the form of multilingual websites, landing pages and content for trade shows and catalogs. “It’s a digital world, so the demand for translated websites, mobile apps, and e-learning has been growing steadily, and that shouldn’t surprise anyone,” adds Siftar “We worked with a mobile app developer to create translated versions of their flagship apps for eight new language markets: Arabic, Chinese, French, German, Portuguese, Russian, Spanish, and Turkish. We also translated and localized their website for these languages. We helped with international search optimization to make sure the localized websites and apps were found by search engines in the target markets. Within three months, our client saw an average 30% increase in sales in these markets. There is also increased demand for digital video. “The most dramatic increase we’ve seen over the past few years has been in demand for multilingual voiceovers for digital video. Product demonstrations and e-learning modules are more effective with voiceovers because translated subtitles distract from the visual content. Digital voice recording is more flexible and affordable than it used to be, and clients are taking advantage of that,” says Siftar MTM clients understand the critical importance of using professional translation services. For those who believe Google Translate or an in-country bi-lingual employee can handle it check out this interesting list provided by MTM “Top Ten Misconceptions About Translation.” So what’s the most important reason to use professional translation services? “Revenues,” says Siftar. “There’s a quote from a former German chancellor: “If I’m selling to you, I speak your language. If I’m buying, dann müssen Sie Deutsch sprechen!” Regardless of how well they speak English, clients prefer information in their own language, and plenty of your competitors are willing to comply. This wasn’t always the case: twenty years ago, about 80% of the Internet was in English. Today, only 25% of the Internet is in English.” Honorees will receive their awards at a reception Thursday, May 3, 2018 6:00 pm – 8:30 pm
At Pennsylvania Academy of the Fine Arts, 118 N. Broad Street, Philadelphia, PA Award Recipients: Global Business Leadership Award: Leo, Tom and Michael Holt, Owners Holt Logistics Corp. 2018 Member Company of the Year Awards: Video Ray, Inc. Pennsylvania Member Company of the Year TD Bank, New Jersey Member Company of the Year First Annual Legacy Award: Chemtech International Media Contact: Graziella DiNuzzo – [email protected] 609-680-7670 March 20, 2018, Philadelphia, PA…. The World Trade Center of Greater Philadelphia (WTCGP) will hold its 16th Annual “World Trade Centers Day” Awards and Celebration on Thursday, May 3, 2018 at the Pennsylvania Academy of the Fine Arts, 118 North Broad Street, Philadelphia PA. Following the tragic events of September 11, 2001, the United Nations, in cooperation with the World Trade Centers Association (WTCA) chartered a day to be recognized around the world as “World Trade Centers Day.” Every World Trade Center creates its own signature event with the common goal of celebrating peace and prosperity through global trade. The WTCGP organizes an Awards Ceremony and Celebration to recognize the global business achievement of outstanding individuals and companies whose contributions have helped to make Greater Philadelphia a world-class region. This year, WTCGP has selected Leo, Tom and Michael Holt, owners of Holt Logistics Corp., to receive our Global Business Leadership Award. Patriarch Leo Holt began with one truck in 1926. Today, the Holt family are leaders in the growth and development of South Jersey and Philadelphia ports, providing solutions in globally dynamic segments of the transportation industry, including truck and rail transportation, marine terminal services, and warehousing. From the Gloucester Marine Terminal and Packer Avenue Terminal, to the Paulsboro Marine Terminal, Riverside Renewable Energy, Delaware Avenue Enterprises, Pier 5 Camden, Heller at Bellmawr, and Suffolk Avenue Associates, Holt facilities are driving economic growth and job creation along both sides of the Delaware. The Packer Avenue Marine Terminal is considered the largest container terminal on the Delaware River and the Gloucester Marine Terminal has the largest on-dock reefer warehouse in the United States. With significant investment by the Commonwealth of Pennsylvania, the purchase of the second set of super post-Panamax container cranes and the 103-mile deepening of the Delaware River navigation channel to 45 feet from 40 feet, bigger ships are coming to Philadelphia through the expanded Panama Canal. The Holt family is well-positioned to support increased trade flowing through our ports, create additional jobs, and advance Greater Philadelphia as a global leader. We are also pleased to announce our 2018 Member Companies of the Year – Video Ray for Pennsylvania, and TD Bank for New Jersey. About Video Ray VideoRay is the largest volume producer of Underwater ROVs (Remotely Operated Vehicles) in the world. The ROVs are manufactured for use in port security, law enforcement, force protection, offshore oil and gas, hydroelectric, science and research, ship inspection, nuclear, and other markets where clients need to know underwater data and activity. The WTCGP is proud to have had the opportunity to support your global growth in 45 countries, including Australia, New Zealand, Egypt, Saudi Arabia, Norway, the United Kingdom, Brazil, China, Japan, Turkey, Jordan, Lebanon, Israel, Germany, India, Singapore, and the Netherlands, with $18 million in export sales reported over the last five years. www.videoray.com About TD Bank TD Bank, N.A., is an American national bank and subsidiary of the Canadian multinational Toronto-Dominion Bank based in Toronto, Ontario. It operates primarily across the East Coast, in fifteen states and Washington, D.C. TD Bank is the eleventh largest bank in the United States by total assets, resulting from many mergers and acquisitions. TD Bank has more than 1,200 locations along the east coast. https://www.tdbank.com WTCGP client companies have access to TD’s expertise in export finance and international banking solutions to support their global success. As a founding member of the WTCGP Export Finance Program, and a consistent supporter of WTCGP seminars, international business networking events, TD Bank has been key to our success in supporting the global growth of our client companies in Southern New Jersey and Southeastern Pennsylvania. The first annual Legacy Award will be given to the very first member of the World Trade Center of Greater Philadelphia, Chemtech International, which became a member in 2002, which was also the first year of the WTCGP. Kosh Dapthary and his wife Surma started Chemtech International in 1984 and their son, Neel Dapthary, currently President, runs the day-to-day operations. About Chemtech International Chemtech International Inc. has been manufacturing, distributing and marketing high quality, products, systems and technologies for a broad spectrum of markets all over the globe. Areas of operation include wastewater testing, analysis and treatment; pharmaceutical manufacturing; chlorine and industrial gas cylinder valves; secondary containment for oil and hazardous chemical spills. All Chemtech products are manufactured in the U.S. Chemtech has been working with the WTCGP to advance its business in over 30 markets around the world. About the World Trade Center of Greater Philadelphia The World Trade Center of Greater Philadelphia (WTCGP) is one of over 320 World Trade Centers in 89 countries around the globe. A non-profit and membership - based organization, the WTCGP accelerates global business growth for companies in Southeastern Pennsylvania and Southern New Jersey by providing customized, one-on-one trade counseling, market research, educational programs, trade mission support, business networking events, and powerful connections to customers and partners worldwide. Since 2002, the WTCGP has served as a catalyst for regional economic growth and job creation, helping area companies generate over $1.6B in incremental export sales, supporting over 20,200 jobs. www.wtcphila.org Via U.S. Department of Commerce FOR IMMEDIATE RELEASE
Sunday, March 18, 2018 Office of Public Affairs (202) 482-4883 [email protected] Today, the U.S. Department of Commerce announced its procedures for excluding products from the recently announced tariffs on steel and aluminum product imports. As directed by President Trump, the Department will publish the procedures in the Federal Register and will start accepting exclusion requests from U.S. industry on Monday, March 19, 2018, at 8:45 AM. Click HERE to see the Federal Register notice. “These procedures will allow the Administration to further hone these tariffs to ensure they protect our national security while also minimizing undue impact on downstream American industries,” said Secretary Ross. “Starting tomorrow, domestic industry will be able to apply for exclusions through a fair and transparent process run through Commerce’s Bureau of Industry and Security.” Secretary Ross, in consultation with other Administration officials, will evaluate exclusion requests, taking into account national security considerations. In that evaluation, the Secretary will consider whether a product is produced in the United States of a satisfactory quality or in a sufficient and reasonably available amount. A single response to each exclusion request will be posted on regulations.gov. Only individuals or organizations using steel or aluminum articles identified in Presidential Proclamations 9704 and 9705 and engaged in business activities in the United States may submit exclusion requests. Exclusion requests will be posted for a 30-day comment period on regulations.gov. Separate exclusion requests must be submitted for each unique steel or aluminum product import. For an exclusion request to be considered, the requester must provide a full factual description of the specific product, its properties, and its quantity. Any individual or organization in the United States may file objections to steel or aluminum exclusion requests, but the Commerce Department will only consider information directly related to the submitted exclusion request that is the subject of the objection. Organizations submitting an objection filing on an exclusion request should provide specific information on the product that their company can provide that is comparable to the steel or aluminum product that is the subject of the exclusion request. Organizations filing an objection should also provide factual information on the production capabilities at steel or aluminum manufacturing facilities that they operate in the United States; the availability and delivery time of the products that they manufacture relative to the specific steel or aluminum product that is subject to an exclusion request; and discussion on the suitability of its product for the application or applications identified by the exclusion requestor. Both the exclusion requests and objection filings will be available for public viewing on regulations.gov. Processing of exclusion requests normally will not exceed 90 days, including adjudication of objections submitted on exclusion requests. The forms for submitting steel and aluminum exclusion requests, and objections to specific exclusion requests, will be available on regulations.govon March 19, 2018, at 8:45 AM. The steel docket number is BIS-2018-0006 and the aluminum docket number is BIS-2018-0002. Copies of the forms and additional information on the exclusion process will be available at https://www.bis.doc.gov/index.php/232-steel and https://www.bis.doc.gov/index.php/232-aluminum on March 19, 2018, at 8:45 AM. For questions concerning the exclusion process, contact [email protected] or 202-482-5642 for steel-related queries and [email protected] or 202-482-4757 for aluminum-related queries. Background: On March 8, 2018, President Trump exercised his authority under Section 232 of the Trade Expansion Act of 1962 to impose a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports, with exemptions for Canada and Mexico, in order to protect our national security. The President’s Section 232 decisions are the result of investigations led by the Commerce Department, after review and comment by other relevant Federal agencies. Customs and Border Protection will begin collecting the tariffs on March 23, 2018. In his proclamation establishing the tariffs under Section 232, the President authorized the Secretary of Commerce, in consultation with other appropriate federal agency heads, to provide relief from the additional duties for any steel or aluminum articles determined "not to be produced in the United States in a sufficient and reasonably available amount or of a satisfactory quality and is also authorized to provide such relief based upon specific national security considerations. Such relief shall be provided for any article only after a request for exclusion is made by a directly affected party located in the United States.” The Presidential Proclamations on steel and aluminum may be found at https://www.whitehouse.gov/presidential-actions/presidential-proclamation-adjusting-imports-steel-united-states/ and https://www.whitehouse.gov/presidential-actions/presidential-proclamation-adjusting-imports-aluminum-united-states. ![]() Brendan LaCerda of Moody Analytics addressed the 2018 Global Economic Outlook at the XV Global Business Conference on March 14th. Take a look into the evolving global economy - download the presentation here.
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