News & Analysis as of

Steel Industry Biden Administration

Husch Blackwell LLP

Biden Administration Increases Tariffs on Imports of Aluminum and Steel

Husch Blackwell LLP on

On July 10, 2024, the Biden Administration announced tariff increases on imports of aluminum and steel products. The tariff increases are the latest measure to combat the circumvention of Section 301 duties imposed against...more

White & Case LLP

United States Imposes Section 232 Requirements for Imports from Mexico: “Melt and Pour” for Steel; “Country of Smelt and Recent...

White & Case LLP on

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

BakerHostetler

New Certification Requirements For Steel and Aluminum From Mexico To Avoid National Security Tariffs

BakerHostetler on

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

White & Case LLP

Biden Administration Announces New Measures to Protect US Steel, Aluminum, and Shipbuilding Industries

White & Case LLP on

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

Akin Gump Strauss Hauer & Feld LLP

What's Causing EU-US Impasse On Steel And Aluminum

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

White & Case LLP

US and EU Commit to Making Deal on Electric Vehicle Subsidies; Unveil more Cooperation on Green Energy and Economic Security

White & Case LLP on

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

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Round-Up 04/27/22

The Biden Administration plans to require U.S.-made steel and iron for American infrastructure, two major real estate players expand into the metaverse, robotics may be a solution to the construction industry’s labor...more

White & Case LLP

United States to Replace Section 232 Tariff on UK Steel with Tariff-Rate Quota; UK to Eliminate Retaliatory Tariffs on US Goods

White & Case LLP on

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

ArentFox Schiff

Impact of Section 232 on the Electric Mobility Supply Chain

ArentFox Schiff on

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

BCLP

US Relaxes Tariffs on Steel and Aluminum from Europe, Looking Next to UK and Japan

BCLP on

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

Bass, Berry & Sims PLC

Heightened Buy American Act Requirements Are Here and More Are on the Way

Bass, Berry & Sims PLC on

To protect the U.S. industrial base, among other reasons, companies that sell goods to the U.S. government are required to comply with domestic source restrictions that dictate the percentage of domestic content and have the...more

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