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    Government/Policy

    January 23, 2022

    Leibowitz: Remaking the Section 232 Regime

    Written by Lewis Leibowitz

    By Trade Attorney Lewis Leibowitz

    The U.S. and the UK recently announced the start of talks to eliminate or at least reduce the impact of Section 232 tariffs on steel and aluminum. Since 2018, the UK, first as part of the European Union and since the start of 2021 the UK alone, has been subject to the 25% tariffs on steel and 10% tariffs on aluminum imports. The British government has pressed the U.S. since the early days of the Biden administration to eliminate the Section 232 tariffs. Last October, many will recall, the U.S. and EU announced a new agreement to establish a tariff rate quota replacing (at least for the most part) the tariffs on steel and aluminum. The U.S. and Japan shortly thereafter initiated negotiations to do the same.

    Lewis Leibowitz, SMU Contributor

    Lewis Leibowitz

    Lewis Leibowitz, owner of the Law Office of Lewis E. Leibowitz, practices in the areas of international trade law, customs law, and international commercial transactions. He represents clients before all federal courts and agencies dealing with international trade matters. Mr. Leibowitz advises and assists clients in diverse matters including trade remedies, customs, foreign-trade zones and free trade agreements, trade negotiations, and related matters. He can be reached at lewis.leibowitz@lellawoffice.com.

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