News & Analysis as of

Tariffs European Union Trade Expansion Act of 1962

Kelley Drye & Warren LLP

Tariffs on Steel and Aluminum Products, Including Derivative Products, Come into Effect

Tariffs of 25% on steel and aluminum mill products from all sources, imposed under Section 232 of the Trade Expansion Act of 1962, went in effect at 12:01 this morning...more

Wiley Rein LLP

White House Issues Presidential Proclamations Extending Section 232 TRQs on Steel and Aluminum Imports from the EU

Wiley Rein LLP on

On December 28, 2023, the White House published presidential proclamations extending the tariff-rate quotas (TRQs) in place on imports of steel and aluminum products from the European Union (EU) until December 31, 2025....more

ArentFox Schiff

New Year, New Duty Savings: TRQ For EU Steel and Aluminum Takes Effect  

ArentFox Schiff on

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

Husch Blackwell LLP

United States Set to Rollback Existing Section 232 Tariffs on Steel and Aluminum from the European Union

Husch Blackwell LLP on

On October 31, 2021, the Secretary of Commerce and United States Trade Representative released a statement confirming that the United States and the European Union (EU) have come to an agreement (Agreement) that will modify...more

ArentFox Schiff

US-EU Announce a New Path for Steel and Aluminum Trade

ArentFox Schiff on

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

Husch Blackwell LLP

US-EU Suspend Large Civil Aircraft Tariffs And Take Aim At China In Framework Addressing Non-Market Practices

Husch Blackwell LLP on

The United States and European Union (“EU”) announced a “cooperative framework” to address and potentially resolve their long-running dispute over large civil aircraft subsidies, also commonly known as the Boeing–Airbus or...more

Society of Corporate Compliance and Ethics...

US reliance on Section 232 tariffs threatens international trade system

Report on Supply Chain Compliance 2, no. 23 (December 12, 2019) - United States President Donald Trump tweeted in the early morning of December 2 that he would “restore the Tariffs on all Steel & Aluminum that is shipped...more

White & Case LLP

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

White & Case LLP on

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

King & Spalding

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

King & Spalding on

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

Eversheds Sutherland (US) LLP

US Imposes New Tariffs on Steel and Aluminium for EU, Canada and Mexico

On 1 June 2018, the US imposed tariffs on imports of steel and aluminium from the EU, Canada and Mexico. The tariffs are 25% on steel and 10% on aluminium. ...more

Hogan Lovells

U.S. Exports of Whiskey, Juice, and Dairy Products to Europe Targeted for Retaliation against President Trump’s Plans to Limit...

Hogan Lovells on

U.S. trading partners have begun to signal their plans to consider retaliatory measures in response to President Trump’s Section 232 Investigations on steel imports. In particular, European Union (EU) officials recently...more

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