News & Analysis as of

Supply Chain European Union Steel Industry

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

Fox Rothschild LLP

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

Fox Rothschild LLP on

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

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

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - April 2020 #2

China Resumes LNG Imports from the U.S. - "Chinese buyers have resumed imports of liquefied natural gas from U.S. exporters, as Beijing started granting waivers to a 25% import tariff." Why this is important: In the...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

Jones Day

European Commission Announces Safeguard Investigation into Steel Imports

Jones Day on

On March 26, 2018, the European Commission initiated a safeguard investigation on imports of a wide variety of steel products into the European Union ("EU"). The investigation covers 26 product categories, ranging from hot...more

Seyfarth Shaw LLP

The President Giveth and The President Taketh Away: Exemptions and Exclusions to the Trump Steel Tariff

Seyfarth Shaw LLP on

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

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