On August 29, 2018, President Trump issued proclamations announcing that companies will be able to request exclusions from the Section 232 quantitative limitations (i.e., quotas) for certain steel and aluminum products imported in to the United States. In particular, this affects steel and aluminum imports from Argentina, Brazil, and South Korea.
August 2018
Retaliatory Actions Against Trump’s Tariffs: What Businesses Should Do When Allies Hit Back
By Husch Blackwell on
After President Trump announced steel and aluminum tariffs on several of the country’s allies in March 2018, a number of EU countries, Mexico, and Canada immediately announced retaliatory tariffs against American products. Other trade partners and allies have also made plans to seek remedies through the North American Free Trade Agreement (NAFTA) and the World…
Petition Summary: Certain Steel Wheels 12-16.5 Inches in Diameter from China
On August 8, 2018, Petitioners Dexstar Wheel a Division of Americana Development, Inc. filed a petition for the imposition of antidumping duties and countervailing duties on imports of Certain Steel Wheels 12-16.5 Inches in Diameter from the People’s Republic of China.
USTR Announces 25 Percent Tariff on Additional Imports from China
Posted in International Trade & Supply Chain
On August 7, 2018, the Office of the United States Trade Representative announced the second list of products that will be subject to an additional 25 percent tariff when imported from China. After a public hearing and comment period, USTR ultimately only removed 5 tariff lines from the list proposed in its notice of June…
Section 301 Proposed Tariffs Increase from 10% to 25%
By Stephen Brophy & Katherine Stubblefield on
Posted in International Trade & Supply Chain
As previously reported, the Office of the United States Trade Representative (USTR) issued a notice proposing an additional 10 percent tariff on approximately 6,000 8-digit tariff codes estimated to cover approximately $200 billion worth of imports from China. Our blog post can be found here and the list of products can be found here.
On…
United States Announces Re-imposition of First Round of Nuclear Sanctions on Iran
President Trump signed a new Executive Order on August 6, 2018, titled “Reimposing Certain Sanctions with Respect to Iran”. The Executive Order was timed to coincide with the last day of the 90-day wind-down period established for activities associated with certain sanctions relief authorized by the Joint Comprehensive Plan of Action (“JCPOA”). As a result, the first round of sanctions against Iran will become effective at 12:01 a.m. on August 7, 2018.