News & Analysis as of

Trade Relations Tariffs Trade Expansion Act of 1962

Pillsbury Winthrop Shaw Pittman LLP

President Trump Initiates Section 232 Investigations into Pharmaceuticals, Semiconductors, Critical Minerals and Trucks

The Trump administration has intensified its America First Trade Policy initiatives by announcing three new investigations under Section 232 of the Trade Expansion Act of 1962 by the Department of Commerce. As foreshadowed in...more

Foley Hoag LLP

U.S. Department of Commerce Investigates Possible Tariffs on Pharmaceuticals: Forecasting the Impact and an Opportunity to Comment

Foley Hoag LLP on

I. Key Takeaways - - The Secretary of Commerce is investigating the effects of imports of pharmaceuticals and pharmaceutical ingredients (and their derivative products) on national security to support potential tariffs or...more

ArentFox Schiff

Trump Takes Aim at Timber and Lumber Imports in New Executive Order

ArentFox Schiff on

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

Arnall Golden Gregory LLP

President Trump Modifies Section 232 Steel and Aluminum Tariffs

On February 10, 2025, President Trump issued two new proclamations that modify the steel and aluminum tariffs originally imposed in 2018 under Section 232 of the Trade Expansion Act of 1962. These actions expand the existing...more

Skadden, Arps, Slate, Meagher & Flom LLP

Decoding Tariff Threats: What Importers Can Expect on Day 1 and Beyond

Key Points - - President-elect Trump’s tariff threats have created considerable uncertainty for importers and U.S. businesses relying on imports. - The incoming president could impose 25% tariffs on Canada and Mexico, and...more

Benesch

Trump Tariffs - 2025 Expectations, Facts, and Options

Benesch on

President-Elect Trump campaigned on the promise to increase tariffs on imports to the United States. Shortly after the election he announced significant tariffs on goods from the three largest trading partners: China, Mexico,...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

Faegre Drinker Biddle & Reath LLP

Dismantling a Ticking Time Bomb for Trans-Atlantic Trade, EU Suspends Retaliatory Tariffs on U.S.-Origin Goods

On May 17, 2021, the European Union announced a temporary suspension of $3.8 billion worth of retaliatory tariffs on U.S. goods that were to go into effect on June 1, 2021. The announcement directly impacts a wide range of...more

Akin Gump Strauss Hauer & Feld LLP

232 Tariffs on Certain Imports of Aluminum from Canada

- In Presidential Proclamation 10060, announced on August 6, 2020, President Trump reinstated a 10 percent ad valorem tariff on imports of non-alloyed unwrought aluminum from Canada under the Section 232 of the Trade...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

Sheppard Mullin Richter & Hampton LLP

Of Course You Know, This Means War: A Strategic Update on the Trump Trade War

This article suggests steps you should take to survive the current trade war. We are now in a trade war regardless of the fact that Treasury Secretary Steven Mnuchin would rather we call it “a situation of trade disputes.”...more

McCarter & English, LLP

A Scorching Summer For Global Trade (And A Few Words On The Global Game)

July 6th will mark the entry into force of Section 301 tariffs against China. Section 301 of the Trade Act of 1974 provides the president with the authority to respond to unfair, unreasonable, or discriminatory trade...more

Sheppard Mullin Richter & Hampton LLP

Predicting the Unpredictable: Will Tariffs Under President Trump Cause a Trade War With China?

President Trump has stated that he would impose tariffs on imports from China ranging from ten to forty-five percent. Can he do it? And will it cause a trade war? The Effects of Increased Tariffs - In the 18th...more

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