Chicken or Chess? The Games Continue: Increased U.S. Tariffs and Retaliation by Key Trading Partners
In March of this year, the U.S. imposed increased tariffs on certain steel and aluminum products imported into the United States from all countries for national security reasons in response to an investigation conducted by the Commerce Department’s Bureau of Industry and Security (“BIS”) under Section 232 of the Trade Expansion Act of 1962. Later […]
New Developments in the Section 232 Tariffs on Imports of Steel and Aluminum Products
The last two weeks ushered in several significant developments relating to the increased tariffs under Section 232 on certain steel and aluminum products. U.S. importers and manufacturers of affected products, raw materials, parts and components should take note of the following key developments and new import filing requirements— A Presidential Proclamation under Section 232 of […]
A Game of Chicken or Chess: The U.S. and China Increase Import Tariffs
Last month, the Trump Administration increased tariffs on certain steel and aluminum products imported into the United States for national security reasons under Section 232 of the Trade Expansion Act of 1962 (19 U.S.C. Ch. 7). Three weeks later, the United States announced that it would also increase tariff rates on additional goods imported from […]
President Trump Issues Proclamations on Aluminum and Steel Tariffs
President Trump issued two Presidential Proclamations on March 8, 2018 increasing the import tariff on certain articles of steel and aluminum. The proclamations were issued in response to the Section 232 Reports that were submitted by the Commerce Department to the President in January 2018 in accordance with the Trade Expansion Act of 1962, as […]