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Tariffs › Trade Relations › Tariff Rate Quota (TRQ)

Wiley Rein LLP

President Trump Announces “Fair and Reciprocal” Trade Plan

Wiley Rein LLP on

On February 13, 2025, President Trump signed a Presidential memorandum announcing the “Fair and Reciprocal Plan” for implementing reciprocal tariffs on countries that impose import duties on goods from the United States. The...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

Hogan Lovells

U.S. and EU have reached a settlement regarding Section 232 tariffs on steel and aluminum products

Hogan Lovells on

The U.S. and the EU have announced a settlement regarding the U.S. Section 232 duties on European steel and aluminum products. As part of that settlement, the U.S. Department of Commerce (Commerce) announced that the 25...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

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