On March 1, President Trump issued an Executive Order (EO) requiring the US Department of Commerce (Commerce) to investigate the national security implications in connection with imports of timber, lumber, and their...more
3/6/2025
/ Executive Orders ,
Imports ,
Investigations ,
Lumber Industry ,
National Security ,
Section 232 ,
Supply Chain ,
Tariffs ,
Trade Expansion Act of 1962 ,
Trade Relations ,
Trump Administration ,
U.S. Commerce Department ,
US Trade Policies
On Friday, February 24, 2023, on the one-year anniversary of Russia’s further invasion into Ukraine, President Biden, the Office of the US Trade Representative (USTR) and the US Department of Commerce, Bureau of Industry and...more
3/1/2023
/ Ad Velorem Tariffs ,
Biden Administration ,
Bureau of Industry and Security (BIS) ,
Customs and Border Protection ,
Economic Sanctions ,
Executive Orders ,
Oil & Gas ,
Russia ,
Tariffs ,
Trade Expansion Act of 1962 ,
Trade Representatives ,
Ukraine
As expected, on January 1, 2022, the additional Section 232 tariffs on imports of steel and aluminum from the European Union (EU) were replaced with a new Tariff Rate Quota (TRQ).
The TRQ is the result of an October 2021...more
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
11/4/2021
/ Aluminum Sales ,
EU ,
Exports ,
Imports ,
Steel Industry ,
Tariff Rate Quota (TRQ) ,
Tariffs ,
Trade Expansion Act of 1962 ,
Trade Policy ,
Trade Relations ,
Trade Representatives