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Tariffs Trump Administration Automotive Industry

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

Burr & Forman

Trump Administration Expands Tariffs Affecting Automobile, Construction & Electrical Companies

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New Tariffs on Imported Steel and Aluminum Derivative Products - On February 8, 2020, the United States expanded tariffs on steel and aluminum raw material imports to include finished product imports from all but a select...more

Robins Kaplan LLP

Financial Daily Dose 1.28.2020 | Top Story: Markets Tumble as Fears Spread Over Coronavirus Epidemic

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A mounting death toll (over 106 and counting) and fears of a coronavirus pandemic sent markets tumbling early on Monday and kicked off a selloff that continued all day....more

Ogletree, Deakins, Nash, Smoak & Stewart,...

USMCA Review: A New Deal for Labour in the ‘New NAFTA’

The United States–Mexico–Canada Agreement (USMCA) is a free-trade pact that was announced on November 30, 2018. This agreement changes the current rules governing North American trade contained in the North American Free...more

Robins Kaplan LLP

Financial Daily Dose 1.16.2020 | Top Story: US and China Make Phase One Official While Trade Questions Linger

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Well, Phase One is official, thanks to a White House signing yesterday that included Chinese Vice Premier Liu He. With that act comes our first substantive look at the deal that’s been thus-far shrouded in secrecy. Some...more

Hogan Lovells

New year presents new opportunities in federal budget cycle

Hogan Lovells on

Congressional appropriations serve as a potent tool to guide administrative actions in commerce and trade Before departing in the final days of 2019, Congress passed a bipartisan spending package amounting to US$1.4...more

Robins Kaplan LLP

Financial Daily Dose 1.7.2020 | Top Story: Facebook Ban of “Deepfakes”

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Facebook wages a war on misinformation. On Monday, Facebook announced it will start removing videos altered by artificial intelligence that are likely to mislead people into thinking that a subject of the video made...more

Robins Kaplan LLP

Financial Daily Dose 1.6.2020 | Top Story: Oil Futures Jump as Concerns Deepen Over Mideast Volatility

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Oil jumped for a second straight day, with futures near $70/barrel as fallout from the U.S.’s drone-strike assassination of Iran’s Qassem Soleimani continues to raise “the prospect of disruptions in the world’s most important...more

White and Williams LLP

US-Mexico-Canada Agreement Advantages Over NAFTA Relating To Intellectual Property, Agriculture and Automotive Manufacturing

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Passage of the United States-Mexico-Canada Agreement (USMCA) has recently been characterized by the media as a political issue, with President Trump pushing for a vote by year’s end and House Speaker Nancy Pelosi not...more

Robins Kaplan LLP

Financial Daily Dose 12.03.2019 | Top Story: US Threatens Tariffs on French Goods Over New Digital Services Tax

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Because who wants a nice quiet December, right? Yesterday, the U.S. opened yet another trade war front by proposing retaliatory tariffs of up to 100% on a wide range of French imports after announcing that “it found France’s...more

Robins Kaplan LLP

Financial Daily Dose 11.21.2019 | Top Story: UAW President Resigns After GM Accuses Fiat Chrysler of Bribery

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More than a bit of drama in the auto world yesterday, with General Motors suing rival Fiat Chrysler, accusing it of “bribing United Auto Workers officials to gain competitive advantages in contract negotiations.”  The UAW’s...more

Robins Kaplan LLP

Financial Daily Dose 11.13.2019 | Top Story: Buffeted by Changing Consumer Demands, Dean Foods Declares Bankruptcy

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Dean Foods, the largest milk company in the U.S., has filed for bankruptcy protection, a “fresh setback to a U.S. dairy industry struggling against declining U.S. milk consumption and rising competition.”  Industry experts...more

White & Case LLP

United States and Japan Reach "Agreement in Principle," but Questions and Obstacles Remain

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On August 25, 2019, President Donald Trump and Japanese Prime Minister Shinzo Abe jointly announced that the United States and Japan have reached an agreement on core principles of a bilateral trade agreement covering...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - August 2019 #5

Iraq Would Face 'Wrath of U.S.' if Oil Pipeline Projects with Iran Go Ahead - "Washington would do anything to prevent an Iran-Iraq oil pipeline from ever being built, even if the Europeans were in favor, policy...more

White & Case LLP

China Announces Retaliatory Tariffs on US$75 Billion in Annual Imports from the United States in Response to Latest Section 301...

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On August 23, 2019, China's State Council Tariff Commission (SCTC) announced that China will impose additional tariffs ranging from five percent to 10 percent on approximately US$75 billion in annual imports from the United...more

Robins Kaplan LLP

Financial Daily Dose 8.26.2019 | Top Story: Amgen to Pay More Than $13 Billion for Otezla

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Amgen will pay $13.4 billion in cash to buy psoriasis treatment Otezla, a deal that will “pave the way for Bristol-Myers Squibb to complete its acquisition of Celgene” by addressing “regulatory concerns over their union”....more

King & Spalding

Trade & Manufacturing - News of Note - August 2019

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EU Trade Commissioner Malmstrom Announces That the EU Will Impose €39 Billion Worth of Retaliatory Tariffs on U.S. Goods if President Trump Imposes Section 232 Tariffs On Automobiles And Automotive Parts - The European...more

King & Spalding

The United States Agrees to Suspend National Security Duties on Imports of Steel and Aluminum from Mexico and Canada

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On May 17, 2019, the United States agreed to suspend the Section 232 tariffs that it had imposed on aluminum and steel imports from Mexico and Canada. As a result of the agreements, on May 19, 2019, President Trump issued two...more

Foley & Lardner LLP

Import Duties to Be Paid in U.S. to Solve Immigration and Bring Back Manufacturing. Really?

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Due to what was firstly characterized as an illegal immigration crisis, and then as a measure to force companies to leave Mexico and return to the U.S., the Trump administration announced that starting June 10, 2019, it plans...more

WilmerHale

President Trump Delays Possible Section 232 Auto Tariffs Announces End to Section 232 Steel and Aluminum Tariffs on Imports From...

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On May 17, 2019, President Trump announced two significant trade developments. First, the President announced his determination in the national security investigation of imports of autos and auto parts under Section 232 of...more

Kelley Drye & Warren LLP

Trump Administration Confirms National Security Threat, Delays Auto Tariffs for Six Months

On Friday, May 17, President Donald J. Trump issued a proclamation directing the United States Trade Representative (USTR) to negotiate trade agreements to address the national security threat posed by imports of foreign...more

Husch Blackwell LLP

White House Announces Delay On The Imposition Of 232 Automobile Tariffs

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On May 17, 2019, the White House issued a proclamation delaying the immediate institution of special additional tariffs on the imports of automobiles and automobile parts into the U.S. In the proclamation, President Donald...more

Foley & Lardner LLP

Storm Clouds on the Horizon: Restructuring Risks Facing the Auto Industry

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While the economy overall is strong and vehicle sales are still robust, there are risks in the industry that may affect the supply chain and cause disruptions throughout the year. Chief among these are the ongoing concerns...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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New evidence suggests that California’s PG&E repeatedly “delayed a safety overhaul” on a high-voltage transmission line “that is a prime suspect behind the deadliest wildfire in California history.” How repeatedly? Try 5...more

White & Case LLP

Outlook for US Trade Policy and the World Trade Organization in 2019

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The year 2018 may be remembered as a turning point for US trade policy and the international trading system. The Trump administration took several unilateral trade actions, including the imposition of global "national...more

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