Late this afternoon, President Trump signed a proclamation increasing the Section 232 tariff rate on steel and aluminum articles and their respective derivative products from 25% to 50%. The text of today’s proclamation can...more
6/4/2025
/ Aluminum Sales ,
Economic Sanctions ,
Executive Orders ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Section 232 ,
Steel Industry ,
Tariffs ,
Trump Administration ,
US Trade Policies
We provide two tariff program updates, of relevance to the steel and aluminum Section 232 tariff programs and the IEEPA tariff programs specific to Canada and Mexico. First, last week, the United States and the United Kingdom...more
On April 2, 2025, President Trump signed an Executive Order (EO) imposing reciprocal tariffs on most nations. The new tariffs, which include a baseline rate of 10 percent as well as higher rates for dozens of trading...more
4/2/2025
/ Canada ,
China ,
Economic Sanctions ,
Executive Orders ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
National Security ,
Reciprocity Rules ,
Section 232 ,
Tariffs ,
Trade Deficit ,
Trade Relations ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
On April 2, 2025, President Trump signed an Executive Order (EO) imposing reciprocal tariffs on most nations. The new tariffs, which include a baseline rate of 10 percent as well as higher rates for dozens of trading...more
4/2/2025
/ Canada ,
China ,
Executive Orders ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
National Security ,
Reciprocity Rules ,
Section 232 ,
Tariffs ,
Trade Deficit ,
Trade Relations ,
Trump Administration ,
US Trade Policies
President Trump issued two major tariff-related executive orders in the past 48 hours. The first, pursuant to the International Emergency Economic Powers Act (IEEPA), authorizes the Secretary of State to impose tariffs on...more
Tariffs of 25% on steel and aluminum mill products from all sources, imposed under Section 232 of the Trade Expansion Act of 1962, went in effect at 12:01 this morning...more
3/13/2025
/ Aluminum Sales ,
Canada ,
China ,
Construction Project ,
Customs and Border Protection ,
EU ,
Foreign Trade Zones ,
Imports ,
Infrastructure ,
International Emergency Economic Powers Act (IEEPA) ,
Real Estate Development ,
Regulatory Reform ,
Retaliatory Tariffs ,
Section 232 ,
Section 301 ,
Steel Industry ,
Tariffs ,
Trade Expansion Act of 1962 ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA)
Tonight, the White House released Executive Orders placing additional duties on all imports from Canada, Mexico, and China under the International Emergency Economic Powers Act (IEEPA), among other authorities. The Executive...more
On February 10, 2017, the U.S. Treasury Department announced an increase in civil monetary penalties across a number of Treasury offices, including the Office of Foreign Assets Control (OFAC). Understanding the potential...more