On July 10, 2024, United States President Joseph R. Biden issued two separate proclamations that narrow the exclusions from tariffs imposed under Section 232 of the Trade Expansion Act of 1962 ("Section 232") for certain...more
President Joe Biden issued Executive Orders on July 10, announcing that U.S. imports of steel or aluminum from Mexico may be subject to national security tariffs depending on the origin of their materials. ...more
The Biden administration has announced a package of policy measures to protect the US steel, aluminum, and shipbuilding industries from what they allege are unfair trade practices by China and calling the industries critical...more
In October 2021, the European Union and the United States launched negotiations for a Global Arrangement on Sustainable Steel and Aluminum, or GASSA, which would link import restraints to exporting countries' efforts to...more
The US and EU announced a range of commitments on green energy and economic security cooperation on March 10, 2023, in a meeting between European Commission President Ursula von der Leyen and US President Joe Biden. The most...more
On February 24, 2023, the US government announced a new round of trade actions targeting goods and entities from Russia. The new actions, which coincide with the one-year anniversary of Russia's invasion of Ukraine,...more
Last week, on the anniversary of Russia’s invasion of Ukraine, the U.S. Departments of Treasury and Commerce adopted an extensive package of new economic sanctions and export controls targeting key industries, entities, and...more
On March 22, 2022, the United States announced that it will replace its Section 232 tariffs on steel and aluminum from the United Kingdom (UK) with tariff-rate quotas (TRQ) that will allow "historically-based sustainable...more
Rare-earth magnets (i.e., neodymium-iron-boron permanent magnets), widely considered the most efficient way to power EVs, are the latest commodity to be potentially subject to Section 232 tariffs, which have previously been...more
On October 31, 2021, at the Group of 20 (G20) Summit, the United States and European Union announced an interim agreement to relax the Trump-era worldwide Section 232 tariffs on European steel and aluminum articles and...more
Seismic news out of Seattle yesterday, with Amazon founder and CEO informing employees that he’s stepping out of the top spot at the e-commerce giant this summer after a nearly 30-year run and transitioning “into the role of...more