What to expect if you are thinking of filing a 232 Product Exclusion Request
At a recent trade conference, White House officials described the Administration’s trade policy as “bold, creative and disruptive.” President Trump’s use of Section 232 of the Trade Expansion Act of 1962 to impose tariffs and quotas based upon national security concerns is one example of this new approach. Using this tool, on March 8, 2018, President Trump fulfilled a promise and imposed, effective June 1, 2018, a 25% duty on imports of steel products from all countries of origin except Argentina, Brazil and South Korea, which capitulated to quotas. He also imposed a 10% duty on imports of aluminum products from all countries, except for Argentina which also agreed to quotas. Australia was the only country spared tariffs or quotas on their metals. Details on the 232 tariffs appear on the Customs & Border Protection (CBP) website. Continue reading
Evelyn Suarez will be a presenter in the upcoming WIT-LA Webinar The Ties the Bind: U.S., Mexico & Canada. The focus will be on the USMCA, formerly known as NAFTA, and ways to move forward following the negotiations. This webinar is open to WIT Members and Guests. More information, including a registration link, below. Continue reading
On April 12, 2019, the United States Trade Representative (USTR) published a notice of a proposed 100% ad valorem duty on various products from the European Union (EU) or certain member states. The notice invites public comment on… Continue reading
The Trump Administration’s aim of remaking global trade is fully underway. White House officials describe their new approach as “bold, creative and disruptive.” Over the past year, we have witnessed the imposition of tariffs not only against imports from China… Continue reading