News & Analysis as of

European Union Section 232 Steel Industry

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
Akin Gump Strauss Hauer & Feld LLP

Transatlantic Trade: EU Consults to Respond to US Steel and Aluminum Tariffs

The European Union (EU) had said repeatedly that it will retaliate in case of U.S. tariffs, which the EU sees as unjustified. The EU preferred (and attempted) a negotiated solution but moved swiftly to retaliation once the...more

Kelley Drye & Warren LLP

Tariffs on Steel and Aluminum Products, Including Derivative Products, Come into Effect

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

Fox Rothschild LLP

New 25% Tariffs on Steel and Aluminum Take Effect March 12: What You Need to Know

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President Trump issued a Proclamation that expands the 25% tariffs on steel and steel derivatives, first imposed in 2018 under Section 232 of the Trade Expansion Act of 1962. Aluminum and aluminum derivatives will also now...more

Akin Gump Strauss Hauer & Feld LLP

What's Causing EU-US Impasse On Steel And Aluminum

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

BCLP

US Relaxes Tariffs on Steel and Aluminum from Europe, Looking Next to UK and Japan

BCLP on

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

Hogan Lovells

U.S. and EU have reached a settlement regarding Section 232 tariffs on steel and aluminum products

Hogan Lovells on

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

Society of Corporate Compliance and Ethics...

US reliance on Section 232 tariffs threatens international trade system

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

White & Case LLP

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

White & Case LLP on

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

King & Spalding

Trade & Manufacturing - December 2018

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The Impact of the New Democratic House Majority On The Administration’s Trade Policy - On November 6, 2018, in the mid-term elections, Democrats took control of the U.S. House of Representatives by winning approximately...more

King & Spalding

Update on Section 232 Tariffs: Reactions In Canada, Mexico, The European Union & Japan

King & Spalding on

On March 8, 2018, President Trump exercised "his authority to impose a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports" under Section 232 of the Trade Expansion Act of 1962. On April 30, 2018,...more

King & Spalding

Energy Newsletter - April 2018

King & Spalding on

FERC Initiates Sweeping Reform of Ratemaking Treatment for Income Taxes - On March 15, 2018, the Federal Energy Regulatory Commission (FERC) released a series of issuances intended to address the need to reflect the lower...more

King & Spalding

Trade & Manufacturing - April 2018

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Trump Administration Rolls Out Section 232 Tariffs On Steel And Aluminum Imports - On March 8, 2018, President Trump exercised “his authority to impose a 25 percent tariff on steel imports and a 10 percent tariff on...more

Eversheds Sutherland (US) LLP

US announces tariffs on steel and aluminum

On March 8, 2018, President Trump signed Presidential Proclamations adjusting imports of steel and aluminum into the US. This action marks the imposition of heavy tariffs on imports of steel and aluminum, in a move that may...more

Hogan Lovells

U.S. Exports of Whiskey, Juice, and Dairy Products to Europe Targeted for Retaliation against President Trump’s Plans to Limit...

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U.S. trading partners have begun to signal their plans to consider retaliatory measures in response to President Trump’s Section 232 Investigations on steel imports. In particular, European Union (EU) officials recently...more

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