Making Trade Inclusive for All Americans Podcast: A Conversation with the President of the Steel Manufacturers Association (SMA)
On September 16, 2024, the Office of the United States Trade Representative (“USTR”) announced the final modifications on China 301 tariffs after completing its statutory four-year review in May 2024....more
Welcome to the September 2024 issue of “As the (Customs and Trade) World Turns,” our monthly newsletter where we compile essential updates from the customs and trade world over the past month. We bring you the most recent and...more
On August 26, 2024, the Government of Canada announced that it will impose new tariffs and subsidy restrictions targeting clean vehicles, as well as tariffs on steel and aluminum products manufactured in China.1The tariffs on...more
On July 10, 2024, the President issued two Presidential Proclamations related to the imposition of Section 232 duties on certain steel and aluminum products from Mexico. The first establishes a “melt and pour” requirement...more
On July 10, 2024, the U.S. Government narrowed the tariff exclusions on imports of certain steel and aluminum articles from Mexico, citing national security concerns. These measures effectively impose new tariffs aimed at...more
Effective July 10, 2024, President Biden issued two Presidential Proclamations aimed at refining the tariff exclusions under Section 232 of the Trade Expansion Act of 1962 for steel and aluminum imports from Mexico. Together,...more
Estados Unidos impone aranceles y controles al acero y aluminio no originario del T-MEC. El 10 de julio de 2024, el Presidente de los Estados Unidos de América, Joe Biden, emitió un comunicado a través del cual informa que...more
Welcome to the July 2024 issue of “As the (Customs and Trade) World Turns,” our monthly newsletter where we compile essential updates from the customs and trade world over the past month. We bring you the most recent and...more
On July 10, 2024, United States President Joseph R. Biden issued two separate proclamations that narrow the exclusions from tariffs imposed under Section 232 of the Trade Expansion Act of 1962 ("Section 232") for certain...more
President Joe Biden issued Executive Orders on July 10, announcing that U.S. imports of steel or aluminum from Mexico may be subject to national security tariffs depending on the origin of their materials. ...more
The Biden administration has announced a package of policy measures to protect the US steel, aluminum, and shipbuilding industries from what they allege are unfair trade practices by China and calling the industries critical...more
On Aug. 28, the U.S. Department of Commerce, Bureau of Industry and Security (“BIS”), proposed new regulations revising certain aspects of the exclusion process for Section 232 steel and aluminum tariffs. BIS also requested...more
Deadline of October 12th to Submit Comments - On August 28, 2023, the U.S. Department of Commerce (“Commerce”) published in the Federal Register a proposed rule that makes certain revisions to the Section 232 steel and...more
On August 28, 2023, the Bureau of Industry and Security (BIS) of the US Department of Commerce (DOC) issued a proposed rule to revise certain aspects of the process to request exclusions from the Section 232 steel and...more
In October 2021, the European Union and the United States launched negotiations for a Global Arrangement on Sustainable Steel and Aluminum, or GASSA, which would link import restraints to exporting countries' efforts to...more
The US and EU announced a range of commitments on green energy and economic security cooperation on March 10, 2023, in a meeting between European Commission President Ursula von der Leyen and US President Joe Biden. The most...more
On March 22, 2022, the United States announced that it will replace its Section 232 tariffs on steel and aluminum from the United Kingdom (UK) with tariff-rate quotas (TRQ) that will allow "historically-based sustainable...more
On February 7, 2022, the United States announced actions to ease Section 232 tariffs on Japanese-origin steel products in exchange for Japan’s commitments in several key trade areas. The announcement comes on the heels...more
Rare-earth magnets (i.e., neodymium-iron-boron permanent magnets), widely considered the most efficient way to power EVs, are the latest commodity to be potentially subject to Section 232 tariffs, which have previously been...more
As expected, on January 1, 2022, the additional Section 232 tariffs on imports of steel and aluminum from the European Union (EU) were replaced with a new Tariff Rate Quota (TRQ). The TRQ is the result of an October 2021...more
U.S. Customs and Border Protection (CBP) recently announced details implementing the tariff-rate quota (TRQ) system that the United States and the European Union (EU) negotiated as a replacement for Section 232 national...more
Following up on our November 3 alert broadly detailing the agreement between the United States and the European Union to replace the Section 232 tariffs on steel and aluminum with a tariff rate quota (TRQ), the US Department...more
The Deal In January 2018 the Trump administration imposed tariffs on steel and aluminum by invoking Section 232 of the Trade Expansion Act of 1962. This is a Cold War-era law that authorized the president to impose tariffs...more
On October 31, 2021, at the Group of 20 (G20) Summit, the United States and European Union announced an interim agreement to relax the Trump-era worldwide Section 232 tariffs on European steel and aluminum articles and...more
The U.S. and the EU have announced a settlement regarding the U.S. Section 232 duties on European steel and aluminum products. As part of that settlement, the U.S. Department of Commerce (Commerce) announced that the 25...more