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US Trade Policies › Pharmaceutical Industry › U.S. Commerce Department

Baker Donelson

Section 232 Tariff Developments: Hundreds of Steel and Aluminum Derivatives Added and Pharmaceutical and Semiconductor Tariffs Are...

Baker Donelson on

The Department of Commerce significantly expanded Section 232 tariffs on steel and aluminum by adding 407 additional Harmonized Tariff Schedule (HTS) codes to its derivative list. The newly covered products include consumer...more

Husch Blackwell LLP

Week Twenty-Four in Trade

Husch Blackwell LLP on

President Trump Announces Higher Tariff Rates Effective August 1st- After announcing an extension of the reciprocal tariff rates from July 9, 2025, to August 1,2025, President Trump published letters which were sent to...more

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

Faegre Drinker Biddle & Reath LLP

Closed-Door Reciprocal Tariffs Conference and Presidential Memo

Faegre Drinker Biddle & Reath LLP on

On February 13, 2025, President Trump held a closed-door conference on reciprocal tariffs. During the conference, President Trump signed a presidential memorandum proposing reciprocal tariffs that will be customized for...more

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