On February 10, 2025, President Trump signed a new Proclamation abolishing as of March 12, 2025 the quota system for the EU and imposing 25% tariffs on all steel products imported into the U.S.. This effectively puts the end to current agreement between the U.S. and the EU which kept the tariffs on steel and
tariffs
White House Updates Section 232 Tariffs on Steel, Aluminum
On February 10, 2025, the White House released an executive order (“EO” or “Order”) titled “Adjusting Imports of Steel into the United States” that reinstates a 25% tariff on imports of steel and steel derivative products into the United States. The administration has also previewed a parallel executive order on aluminum and aluminum derivative product…
Moolenaar Heads Reintroduction of Bill to Strip China of PNTR Status
Yesterday, Representative John Moolenaar (R-MI) of the House Select Committee on the Chinese Communist Party, along with House Ways & Means Committee member Tom Suozzi (D-NY), reintroduced a bill in the House of Representatives to revoke Permanent Normal Trade Relations (“PNTR”) with the People’s Republic of China. When reintroducing the bill, Molenaar cited to Trump’s…
USTR Issues Request for Comment on Proposed Section 301 Changes, Extends Exclusions
The Office of the United States Trade Representative (“USTR”) today published a request for comments on the proposed modifications and machinery exclusion process in its Four-Year Review of Section 301 tariffs (the “Review”), published last week. The Review did not recommend removing any subheadings from Section 301 tariffs, but rather proposed the following increases:
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Russian Goods Falling Under 576 HTS Codes Will Be Subject to 35% Duty Rate
June 30, 2022 – The White House, continuing its efforts to escalate economic measures in response to the Russian Federation’s invasion of Ukraine, has published a list of 576 provisions of the Harmonized Tariff Schedule of the United States (“HTSUS”) under which Russian-origin products will be subject to a 35% rate of duty beginning July…
ITC Section 332 Proceedings: Investigation into Economic Impacts of Section 301 and 232 tariffs.
On May 10, the US International Trade Commission (ITC) issued a Federal Register notice stating that it will conduct an investigation into the economic impacts of the Section 301 and 232 (global steel and aluminum) tariffs on US industries. See Notice.
The ITC will hold a hearing, and accept pre-hearing and post hearing briefs. …