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.
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Commerce Requesting Public Comments on Section 232 Exclusion Process
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).
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October 2021 Trade Law Update
In Husch Blackwell’s October 2021 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law:
- The U.S. and EU struck a deal on
U.S.-EU Make a Deal on Steel and Aluminum Tariffs
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.
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Biden Administration Shows Signs of Addressing China Trade Wars
On October 4, 2021, Ambassador Katherine Tai, the United States Trade Representative, addressed the state of U.S.- China trade relations and the upcoming plans for the Biden Administration to improve foreign trade policy. Since taking office in January, the Administration has spent time reviewing the trade policies put in place under the Trump Administration. There has been little movement until now as to the stance the Biden Administration would take, which created uncertainty regarding U.S. trade policy with China. Speculation grew as many questioned what would happen with the tariffs imposed on Chinese imports (under Section 301), how the administration would address the shortcomings of the “Phase 1” deal, and whether the product exclusion process would be re-instated.
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CIT Declares Section 232 Steel Tariffs on “Derivatives” Under Proclamation 9980 Invalid and Contrary to Law
The U.S. Court of International Trade (“CIT” or “the Court”) ruled in an opinion issued on April 5, 2021, that Proclamation 9980 subjecting steel and aluminum “derivatives” to 25 percent tariffs under Section 232 of the Trade Expansion Act of 1962 (19 U.S.C. § 1862) is invalid because of a failure to comply with statutory time limits.
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Steel Import Licenses Must Include Country of “Melt and Pour”
The U.S. Department of Commerce’s (Commerce) Steel Import Monitoring and Analysis System (SIMA) will be modified effective October 13, 2020 to require that the country where the steel was “melted
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BIS Announces the Opportunity to Submit Comments in the Section 232 Investigation on Imports of Steel for Electrical Transformers
The Department of Commerce’s Bureau of Industry and Security (“BIS”) issued a Federal Register Notice on May, 19, 2020, inviting comments from interested parties on its investigation regarding the potential
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Federal Circuit Upholds President’s Authority to Impose Section 232 Tariffs on Steel and Aluminum
On February 28, 2020, the Court of Appeals for the Federal Circuit affirmed the Court of International Trade’s decision that found the institution of Section 232 tariffs on steel and
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Section 232 Derivative Product Duties – Time Sensitive Litigation Update
Why importers of steel and aluminum derivative products should consider challenging the administration’s imposition of additional Section 232 duties:
- The processes followed by the administration in implementing additional Section 232
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Trump Administration Announces 25% Tariffs on Finished Steel Products and 10% Tariffs on Aluminum Products
In a surprise announcement after hours on Friday January 24, 2020, the White House announced that it plans to impose an additional 25 percent tariff on some steel articles and
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