News & Analysis as of

North American Free Trade Agreement Steel Industry

White & Case LLP

USMCA Uniform Regulations Clarify Scope and Application of Steel and Aluminum Purchase Requirements for Passenger Vehicles, Light...

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On June 3, 2020, the Office of the US Trade Representative (USTR) published an interim version of the Uniform Regulations concerning the interpretation, application, and administration of key provisions of the...more

Bennett Jones LLP

NAFTA 2.1—The Amended and Final Canada-United States-Mexico Agreement

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On December 10, 2019, Canada, the United States and Mexico signed an Amending Protocol that revises the Canada-United States-Mexico Agreement (CUSMA) and steers its path toward ratification....more

Foley & Lardner LLP

Updated USMCA a Breath of Fresh Air in a Distressed Trading World

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The updated USMCA was signed on December 10, 2019. These are not business-as-usual times in the trading world. As we know, there is the ongoing trade war with China, Brazil and Argentina are back in the steel and aluminum...more

Foley & Lardner LLP

Enough Worrying About Trade Wars: What Can We Actually Do With Our Manufacturing Processes?

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A number of business certainties that we had grown accustomed-to during our adult-lives are being shaken. In addition to monitoring variables such as production-costs and import duties, international trade regulations are...more

Bennett Jones LLP

Trade Roundup: Whats New in Steel Safeguards, U.S. Surtaxes and CUSMA

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There have been a number of developments in recent weeks affecting Canada's surtaxes on imports of certain steel, aluminum, and other goods to Canada. This post summarizes the recent changes....more

Dorsey & Whitney LLP

US-Mexico-Canada Agreement Faces Uncertain Path Through U.S. Congress

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The governments of the United States, Mexico, and Canada signed a trade agreement (“USMCA”) in November 2018, which would replace the existing North American Free Trade Agreement (“NAFTA”). The Trump administration has begun...more

Foley & Lardner LLP

What Auto Manufacturers Need to Know About Mexico Under the USMCA

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Building upon the centuries-old business relationship between Mexico and the United States, NAFTA allowed both countries to benefit from a seamless workshop that clearly made the pie larger. The 25-year-old contract needed to...more

White & Case LLP

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

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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

Akin Gump Strauss Hauer & Feld LLP

U.S.-Mexico-Canada Agreement Announced

On Sunday, September 30, President Trump reached an agreement with the governments of Canada and Mexico to revise and modernize the North American Free Trade Agreement (NAFTA). Publishing the text of the new agreement just...more

King & Spalding

Trade & Manufacturing - September 2018

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The United States And Mexico Reach A Preliminary Deal On NAFTA But Talks With Canada Remain Uncertain - On August 27, 2018, the United States and Mexico announced that they had reached a bilateral agreement that would...more

Bennett Jones LLP

Countering the Countermeasures Mitigation Strategies for Importers

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Since July 1, 2018, Canada has imposed 25% and 10% ad valorem surtaxes on the importation of a wide variety of U.S. "originating" goods. Canadian and non-resident importers have been wondering what they can do to avoid the...more

King & Spalding

Trade & Manufacturing - July 2018

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The Trump Administration Announces Final List Of Articles Subject To Section 301 Tariffs - On June 15, the Office of the United States Trade Representative (“USTR”) released the final list of 818 Chinese products that...more

King & Spalding

NAFTA Negotiations Stall After Aluminum And Steel Tariffs Are Imposed On Canada And Mexico

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As King and Spalding has previously reported, after the Trump Administration imposed Section 232 tariffs on imports in March 2018, the Administration temporarily exempted Canada and Mexico from the tariffs until June 1, 2018....more

Foley & Lardner LLP

Tariffs Wreak Havoc with The Auto Industry

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Trade issues have been concerning the automotive industry for some time. Whether it be NAFTA renegotiations (or NAFTA scrapping), Section 232 Tariffs, Exceptions to Section 232 Tariffs, ever since the current administration...more

Baker Donelson

Trade Tensions Escalate After Trump Administration Imposes Steel and Aluminum Tariffs on Allies and Technology Tariffs on China

Baker Donelson on

On Thursday, May 31, President Trump announced he would impose tariffs on imported steel and aluminum from the European Union, Canada, and Mexico, triggering immediate retaliation from U.S. allies and protests from American...more

Dickinson Wright

Trade, Tariffs and Trouble (Part III)

Dickinson Wright on

We are entering the “Summer of Disruption” to global trade based on five (5) recent US actions and other countries’ responses: 1. China The US announced on Friday the imposition of 25% tariffs on approximately $33.8...more

King & Spalding

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

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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

Robins Kaplan LLP

Your Daily Dose of Financial News

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We used to call it Nafta.  If the White House has its way, we may be talking about M/USTA and C/USTA.  Doesn’t exactly roll off the tongue, does it?...more

Bennett Jones LLP

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

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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

Holland & Knight LLP

Facultades Extraordinarias del Ejecutivo Mexicano Ante un Escenario de Guerra Comercial

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Las declaraciones en materia comercial formuladas por el entonces Candidato Republicano durante la campaña presidencial de los Estados Unidos, se han venido cristalizando bajo su administración. Varias de estas medidas han...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

An early look at the reaction from allies Canada, Mexico, and the EU to this week’s announcement from the White House that it was moving forward with steel and aluminum tariffs against these US trading partners....more

Husch Blackwell LLP

Tariffs To Be Imposed On Imported Steel And Aluminum From The EU, Canada, And Mexico

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Commerce Secretary Wilbur Ross announced on Thursday, May 31st that a 25 percent tariff on steel and a 10 percent tariff on aluminum will go into effect at midnight on May 31 on imports from Canada, Mexico, and the European...more

King & Spalding

Energy Newsletter - April 2018

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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

King & Spalding

Trump Administration Rolls Out Section 232 Tariffs On Steel And Aluminum Imports

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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. U.S. Customs and...more

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