On March 22, 2022, the United States and the United Kingdom announced in a joint statement that the U.S. will halt Section 232 tariffs on imports of steel and aluminum from the U.K, effective June 1, 2022, and that the U.K. will also lift retaliatory tariffs on over $500 million worth of U.S. exports to the U.K. The Section 232 tariffs were instituted in March 2018 on all imports of steel and aluminum from multiple countries.
On February 10, 2022, the Department of Commerce published a Federal Register notice requesting public comments on the Section 232 exclusions process. The notice follows the agreement reached between the U.S. and the EU related to the tariff rate quotas for steel and aluminum articles from EU member countries and the President’s January 3, 2022 announcement, Adjusting Imports of Steel into the United States (Proclamation 10328).
On February 7, 2022, the United States and Japan announced that both countries had agreed to a tariff-rate quote (TRQ) for steel imports from Japan. The agreement will eliminate the Section 232 25% tariff on imports of steel from Japan that fall within the quota, effective April 1, 2022. Commerce Secretary Gina M. Raimondo and
In Husch Blackwell’s December 2021 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law:
In Husch Blackwell’s November 2021 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law:
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 the current section 232 tariffs on steel and aluminum imports.
In Husch Blackwell’s October 2021 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law:
On Saturday, the United States and the European Union reached an agreement on section 232 duties being imposed because of global steel and aluminum excess capacity concerns. The trading partners have agreed that the U.S. will adjust tariffs on steel and aluminum to allow elimination of certain U.S. section 232 duties, and the EU will suspend its retaliatory tariffs.
On September 30, 2021, the Department of Commerce (“Commerce”) filed a motion requesting a voluntary remand to review 502 Section 232 exclusion request denials it issued to Voestalpine High Performance Metals Corporation and Ergo Specialty Steels, Incorporated (collectively “Voestalpine, et al.”) beginning in 2018. Specifically, Commerce in its motion acknowledges that it lacks documentation explaining why it rejected all 502 requests. This motion for voluntary remand comes only a couple months after Commerce requested the same type of voluntary remand in six separate Section 232 appeals.
President Biden issued Executive Order (“EO”) 14017 titled “America’s Supply Chains” on February 24, 2021, ordering 100-day and 1-year reviews of certain critical supply chains. On June 8, 2021, a final report was published, officially marking the end of the 100-day reviews under EO 14017. The reviews assessed risks posed to the following critical supply