GREY:UEXCF - Post by User
Post by
plumena3on Jun 26, 2019 11:17pm
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Post# 29868065
UPCs numbes and their vue on the current state of the market
UPCs numbes and their vue on the current state of the market
https://news.uraniumparticipation.com/releases/entry/122571
``The process associated with the Section 232 trade petition advanced during the quarter, with the US Department of Commerce ('DOC') submitting the results of its investigation to the White House on April 11, 2019. From the date of the receipt of the report from the DOC, the US President has 90 days to evaluate the findings and make a decision on whether uranium imports are detrimental to US national security and if a trade related remedy should be implemented. In mid-May 2019, however, additional uncertainty regarding the timing of a decision was introduced when it was announced that President Trump would delay a decision regarding tariffs on auto imports – another case that is being reviewed under Section 232 – by 180 days. The decision on uranium could similarly be delayed, which could extend the state of uncertainty that has dominated the uranium market in recent months.``