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Automotive Industry Section 301 US Trade Policies

Venable LLP

Biden Administration Imposes Tariffs on Electric Vehicles, Key EV Components from the People’s Republic of China

Venable LLP on

On May 14, 2024, President Biden announced that the United States will apply Section 301 tariffs on an estimated $18 billion worth of goods, including a 100% tariff on all electric vehicles (EVs) from China. The new measure...more

Sheppard Mullin Richter & Hampton LLP

The Sky’s the Limit – Yet More Section 301 Tariffs on China

The White House at 5 am Tuesday morning in DC released its decision on the new section 301 tariffs. There is a 100% tariff on Chinese EVs effective this year (which is in addition to the usual 2.5% import duty on cars)....more

Foley & Lardner LLP

Raw Material and Commodity Purchasing – Key Concerns for Manufacturers

Foley & Lardner LLP on

On August 9, 2018, Original Equipment Suppliers Association (“OESA”) held its 2018 Automotive Commodities Event covering a variety of topics related to commodities purchasing, including strategies for price risk management,...more

Foley & Lardner LLP

New Section 301 Tariffs Target Numerous Automotive-Sector Imports: Coping Strategies and Prospects for Product-Specific Relief

Foley & Lardner LLP on

The automotive sector is getting a quick primer on the various ways in which the international trade laws can target automotive imports. In addition to the announcement of a potential Section 232 tariffs or other trade...more

Foley & Lardner LLP

New Section 301 Expanded Tariffs and Exclusions Process Bring Danger and Opportunities for U.S. Importers and Consumers

Foley & Lardner LLP on

Listening to companies that predicted chaos within their supply chains if there were not some kind of exemption process for the Section 301 tariffs, the U.S. Trade representative has announced a process for importers to...more

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