News & Analysis as of

Trade Expansion Act of 1962 Tariffs Trade Policy

Holland & Knight LLP

Trump Administration Initiates Section 232 Investigation into Pharmaceuticals

Holland & Knight LLP on

The U.S. Department of Commerce announced that it has initiated a Trade Expansion Act of 1962 Section 232 investigation to determine whether imports of pharmaceutical products and ingredients pose a national security risk to...more

Arnall Golden Gregory LLP

President Trump Modifies Section 232 Steel and Aluminum Tariffs

On February 10, 2025, President Trump issued two new proclamations that modify the steel and aluminum tariffs originally imposed in 2018 under Section 232 of the Trade Expansion Act of 1962. These actions expand the existing...more

Wiley Rein LLP

Trump Expands National Security Tariffs on Steel and Aluminum Products

Wiley Rein LLP on

On February 10, 2025, President Trump signed new Executive Orders imposing enhanced import duties on steel and aluminum products under Section 232 of the Trade Expansion Act of 1962. The orders eliminate certain exemptions...more

King & Spalding

U.S. Customs Has Proposed Broad Regulatory Changes to Low-Value Shipment (De Minimis) Regulations

King & Spalding on

The proposals would codify features of the existing low-value entry processes (with new enhancements) but would not allow merchandise subject to certain trade or national security ad valorem tariffs to continue to use the...more

ArentFox Schiff

US-EU Announce a New Path for Steel and Aluminum Trade

ArentFox Schiff on

On October 31, 2021, the Department of Commerce and the Office of the US Trade Representative announced an agreement with the European Union (EU) to remove the 25% additional tariffs on steel and 10% additional tariffs on...more

WilmerHale

WTO Issues Groundbreaking Decision on GATT National Security Exception

WilmerHale on

On April 5, 2019, a World Trade Organization (WTO) dispute settlement panel issued the first substantive WTO panel decision interpreting the “essential security” provision of the General Agreement on Tariffs and Trade (GATT...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

Sheppard Mullin Richter & Hampton LLP

Of Course You Know, This Means War: A Strategic Update on the Trump Trade War

This article suggests steps you should take to survive the current trade war. We are now in a trade war regardless of the fact that Treasury Secretary Steven Mnuchin would rather we call it “a situation of trade disputes.”...more

Bennett Jones LLP

Canada Retaliates to U.S. Tariffs on Steel and Aluminum

Bennett Jones LLP on

As of midnight on May 31, the Trump administration revoked the exemptions to the U.S. ad valorem tariffs on imports of steel and aluminum previously granted to Canada, the EU, and Mexico. In a swift response following the...more

Eversheds Sutherland (US) LLP

US Imposes New Tariffs on Steel and Aluminium for EU, Canada and Mexico

On 1 June 2018, the US imposed tariffs on imports of steel and aluminium from the EU, Canada and Mexico. The tariffs are 25% on steel and 10% on aluminium. ...more

WilmerHale

New Presidential Proclamations Amend Section 232 Tariffs on Steel and Aluminum Imports, Including Temporary Exemptions for Wider...

WilmerHale on

President Trump has issued new Proclamations regarding Section 232 tariffs on steel and aluminum, amending the original Proclamations (9704 and 9705) issued on March 8. The most notable changes concern country-wide...more

Jones Day

President Trump Announces Steep Tariffs on Imports of Steel and Aluminum

Jones Day on

On March 1, 2018, President Trump announced his intention to impose tariffs of 25 percent on steel imports and 10 percent on aluminum imports. These tariffs may go into effect immediately upon or shortly after signing of the...more

Foley & Lardner LLP

The Automotive Sector Faces Sharply Increased Duties and International Trade Risks Following Announcement of Unprecedented Section...

Foley & Lardner LLP on

On March 1st, the automotive sector that consume steel and aluminum were confronted with a potentially large tariff rate increase. Despite intense lobbying by automotive companies, President Trump announced that the U.S....more

Foley & Lardner LLP

U.S. Manufacturers – and Foreign Steel and Aluminum Companies – Face Catastrophic Duties and International Trade Risks Following...

Foley & Lardner LLP on

Companies that import steel or aluminum saw the detonation of a major international trade bomb on March 1st. President Trump announced that the U.S. Government would invoke the seldom-used section 232 national security...more

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