Tag: Nautical Bulk Holdings

Commerce Secretary Wilbur Ross announced he initiated a so-called Section 232 investigation on auto trade, which would provide the legal basis to impose tariffs if his department finds imports threaten US national security

Commerce Secretary Wilbur Ross Confirms Investment in Tariff Exempt Company

A spokesperson for Commerce Secretary Wilbur Ross confirmed in a statement to Fox News host Steve Hilton that Ross invested in a shipping firm involved in importing steel from South Korea, which received an exemption to tariffs imposed by the Trump administration. The conflict of interest was first exposed in a report by the Government Accountability Institute.