The Trump administration's imposition of tariffs on steel, aluminum, lumber, and other construction materials, in combination with increased tariffs on raw materials and finished goods from China, Japan, the EU, and...more
Update: On February 10, 2025, the Trump administration issued a proclamation reinstating a 25% ad valorem tariff on steel imports and increasing tariffs on aluminum imports to 25%, as well as ending all beneficial...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
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
Report on Supply Chain Compliance 2, no. 23 (December 12, 2019) - United States President Donald Trump tweeted in the early morning of December 2 that he would “restore the Tariffs on all Steel & Aluminum that is shipped...more
We got an official first look at the Fed’s revised Volcker Rule yesterday, and the “sweeping plan to soften” the rule will open “the door for banks to resume some trading activities restricted as part of the 2010 Dodd-Frank...more
Country-Specific “Exemptions” - Last week Seyfarth Shaw published an alert concerning the 25% global tariff on imported steel articles, which commenced at midnight on March 23, 2018, and which would have applied to the...more