President Trump announced on Thursday, March 1, that he will impose tariffs on imports of certain steel and aluminum products. We anticipate the President will formally sign the trade measures announced today next week and that they will include an additional tariff of 25% on imports of steel products and 10% on imports of aluminum products covered under the proclamation.
International Trade & Supply Chain
OFAC Issues Additional North Korean Sanctions and Guidance for Shipping Companies
On Friday, February 23, 2018, the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) imposed blocking sanctions against one individual, twenty-seven entities and twenty-eight vessels known to have previously provided maritime support to North Korean coal and petroleum transactions. OFAC added the individuals, entities and vessels to its Specially Designated Nationals List (the “SDN List”), which will generally prohibit the fifty-six sanctioned parties from transacting with the United States or any United States person.
Commerce Releases Steel and Aluminum Section 232 Reports
The Department of Commerce released its reports recommending remedies with respect to the Section 232 investigations of steel and aluminum today, February 16. The steel report was submitted to the White House on January 11, 2018 and started a statutory 90-day clock for the President to make a decision on a course of action. The aluminum report was submitted on January 19, 2018 and similarly started the statutory 90 days for the decision.
Requests to Exclude Products from the Solar Safeguard Measures Due by March 16
The Office of the U.S. Trade Representative (USTR) has announced that anyone interested in having a product excluded from the safeguard measures imposed on imports of solar products must submit an application by March 16, 2018. Comments in response to exclusion requests must be filed by April 16, 2018. USTR set these deadlines and established the…
Russia Sanctions Developments Incite Controversy and Signal Possible Future Changes
CAATSA Overview
Congress enacted the “Countering America’s Adversaries Through Sanctions Act” (CAATSA) on August 2, 2017 in response to Russia’s continuing occupation of the Crimea region of Ukraine and cyber-interference in the 2018 United States Presidential elections. We previously covered CAATSA in blog posts here and here. CAATSA was notable because it passed the House of Representatives with a 419-3 approval margin and passed the Senate with a 98-2 approval margin. Among other things, CAATSA required President Donald Trump to take certain actions on the 180-day anniversary of CAATSA’s adoption, which included (but were not limited to): (i) imposing sanctions (commonly referred to as the “CAATSA Section 231 sanctions”) against persons engaged in “significant transactions” with Russia’s defense or intelligence sectors; and (ii) preparing and submitting a report (commonly referred to as the “CAATSA Section 241 report”) to various congressional committees identifying senior political figures and oligarchs within Russia. January 29, 2018 marked CAATSA’s 180-day anniversary and, as a result, it sparked a flurry of activity related to the CAATSA Section 231 sanctions and the CAATSA Section 241 report.
Petition Summary: Rubber Bands from Thailand, China, and Sri Lanka
On January 30, 2018, Alliance Rubber Company filed a petition for the imposition of antidumping and countervailing duties on imports of Rubber Bands from Thailand, China, and Sri Lanka.
Solar Panel Tariff Creates New Uncertainty
Husch Blackwell’s Jeffrey Neeley authored an article, “Solar Panel Tariff Creates New Uncertainty” that appeared in Law360 this week. The article discusses in depth the proclamation signed by President Trump last week. From the article:
[T]he relief announced provides that the first 2.5 gigawatts of imported cells are excluded from the additional tariffs. The use of an
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Petition Summary: Cast Iron Soil Pipe from the People’s Republic of China
On January 26, 2018, the Cast Iron Soil Pipe Institute filed a petition for the imposition of antidumping and countervailing duties on imports of Cast Iron Soil Pipe from China.
Solar Panels and Modules Trade Decision
On January 22, 2018, the Office of the U.S. Trade Representative (“USTR”) announced that the Trump Administration is granting relief for the domestic solar panels and modules industry under section 201 of the Trade Act of 1974. This confirmed the fears of many consumers that there substantial additional duties would be imposed on those products.…
President Trump Announces Decision on Section 201 Safeguard Investigation of Large Residential Washers
On Tuesday, January 23, 2018, President Trump signed the Presidential Proclamation to Facilitate Adjustment to Competition from Imports of Large Residential Washers, thereby announcing the President’s decision regarding the investigation of large residential washers (LRWs) under Section 201 of the Trade Act of 1974 (the LRW Safeguard Investigation). A copy of the Proclamation can be found here.