Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: On Friday evening, President Trump announced that he was suspending “indefinitely” the tariffs on goods imported from Mexico to the United States. The outlines of the deal that had this result have been announced, but there are no […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: Happy Father’s Day, all you Dads! Several items of interest appeared during the past week: Steel and Aluminum Product Exclusions—The Commerce Department announced a new “232 Exclusion Portal” in a notice it published on June 10. The new […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: The Section 232 tariffs on steel and aluminum came under new scrutiny last week. A Supreme Court decision and an announcement by U.S. Steel were key developments. First, U.S. Steel announced the idling of two blast furnaces, due […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: President Trump announced his intention to impose new tariffs on imports from Mexico on Thursday afternoon. Beginning June 10, 5 percent tariffs will be imposed on all imports of goods from Mexico. On the first of July, the […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: Asked a Steel Market Update reader: Why are U.S. prices now so far below China’s tariff-adjusted prices? The short answer is that Chinese exports to the U.S. are subject to antidumping and countervailing duties (AD/CVDs) totaling more than […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: Several notices have been published in the last few days, signaling the new reality of the contentious trade negotiations between the U.S. and China. USTR issued a notice, which has not yet been seen in the Federal Register, […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: The announcements over the last few days have substantially altered the steel and aluminum trade policy priorities of the United States. I am referring, of course, to the following: (1) the U.S. has dropped steel and aluminum tariffs […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: Friday marks a turning point in the “trade war” between China and the United States. A widely expected breakthrough in negotiations was supposed to happen this past week, when the Chinese Vice Premier brought a trade delegation over […]
Trade attorney and Steel Market Update contributor Lewis Leibowitz offers the following update on events in Washington: As President Trump tweeted this past Sunday, the U.S. Trade Representative has issued a notice that List Three of the tariffs on Chinese imports will be subject to 25 percent tariffs effective 12:01 a.m. Eastern time on Friday, […]
Trade attorney Lewis Leibowitz has been gracious in offering our readers his take on trade issues on almost a daily basis. With the wide variety of trade issues confronting U.S. companies it is very difficult to stay on top of those that might affect your company, either today (such as Section 232 tariffs, AD/CVD duties) […]
Trade attorney Lewis E. Leibowitz has been providing updates on the Section 232 tariffs, product exclusions and country exclusions on almost a daily basis over the past couple of weeks. We have been sharing his thoughts with our readers as many of you are (or will be) impacted by the existence of tariffs and/or quotas. […]
Peter Navarro and Wilbur Ross have gone to China to discuss trade and tariff issues. On their last day in Washington, they made some remarks about the steel and aluminum tariff measures announced Monday night. The picture is becoming clearer, but there are also more questions. Today, I am focusing on the Ross and Navarro […]
Much has been written in the trade and consumer press regarding the status of the country exclusions to President Trump’s steel tariffs and the decision announced last night by the White House. The following is how trade attorney Lewis Leibowitz sees the state of the steel industry: On May 1, here is where we stand: […]
Trade attorney Lewis Leibowitz has been sharing information with Steel Market Update about the exclusion request process for both steel and aluminum. We will endeavor to provide as much information as possible to our readers as you determine whether to file for exclusions on your products or move to non-affected steel suppliers. Below is a […]
Trade attorney Lewis Leibowitz has been sharing information with Steel Market Update about the exclusion request process for both steel and aluminum. We will endeavor to provide as much information as possible to our readers as you determine whether to file for exclusions on your products or move to non-affected steel suppliers. Below is a […]
The following article was written by trade attorney Lewis Leibowitz. You can find his contact information at the end of the article: John Packard asked me to respond to questions from SMU readers about the new procedures for requesting steel product exclusions from the tariffs scheduled to go into effect at midnight Friday morning. The […]
The following article was written by trade attorney Lewis E. Leibowitz. Whenever you hear someone say that a policy move is vital and trivial at the same time, watch your wallet. The Sunday talk shows today featured spokesmen and commentators debating the impact of steel and aluminum tariffs. Secretary of Commerce Wilbur Ross and National […]
The following article was written by trade attorney Lewis E. Leibowitz. In the article, he discusses what the president said he would do (25% tariff on steel, 10% aluminum) and what happens next (assuming the president actually announces the tariffs officially next week). Leibowitz will be at this year’s SMU Steel Summit Conference where we […]
The following article was written by trade attorney Lewis E. Leibowitz. In the article, he discusses what the president said he would do (25% tariff on steel, 10% aluminum) and what happens next (assuming the president actually announces the tariffs officially next week). Leibowitz will be at this year’s SMU Steel Summit Conference where we […]
The following article was written by trade attorney Lewis Leibowitz: The president has a lot of discretion regarding the nature of the import restrictions that he imposes. The Commerce recommendation gave the president three alternative recommendations: (1) across-the-board tariffs on all products from all countries (24 percent); (2) 53 percent tariffs on 12 leading countries […]
The following article was written by trade attorney Lewis Leibowitz: The president has a lot of discretion regarding the nature of the import restrictions that he imposes. The Commerce recommendation gave the president three alternative recommendations: (1) across-the-board tariffs on all products from all countries (24 percent); (2) 53 percent tariffs on 12 leading countries […]
Steel 232 Investigation—Update from the Front Lines By Lewis LeibowitzThe Law Office of Lewis E. Leibowitz To put the steel proceeding in context, I would like to acquaint you with a couple of other proceedings that are “proceeding” right now. We’ll see how all of these developments may fit together. First, there are important negotiations […]
A number of our readers have requested details regarding the CORE (corrosion resistant which is galvanized, Galvalume, etc.), cold rolled and hot rolled trade suit status and when the one-year anniversary for each product are potential reviews are due. Steel Market Update (SMU) went to trade attorney Lewis Leibowitz for answers and he provided the […]
How Much Power Does Section 232 Give the President to Restrict Steel Imports? Commentary by Lewis LeibowitzThe Law Office of Lewis E. LeibowitzWashington, D.C. We have had many questions about the power of the President under Section 232 of the Trade Expansion Act of 1962. The statute gives the President considerable power to take action […]
The following article on the recent OCTG ruling from the Republic of Korea is from trade attorney Lewis Leibowitz. We will provide his contact information at the end of the article: Last Tuesday, the US Commerce Department published its final determination on antidumping duties for the first administrative review period on oil Country tubular goods […]
Trade attorney Lewis Leibowitz asked Steel Market Update if he could comment on the recent request for comments on the Buy American rules suggested by President Trump on private projects that require government approval. The U.S. Department of Commerce was charged with telling the President what could be done under current law. Here is the […]
The following article was written by trade attorney Lewis Leibowitz for Steel Market Update readers: “Circumvention” is a loaded word suggesting evasion of responsibility or getting around something. It smacks of dishonesty, immorality, subterfuge. Frequently, loaded words are designed to create just such an impression. When you hear words like the “People’s Democratic Republic […]
Last week hearings were held in Washington, D.C. regarding the plight of the domestic steel industry, world over-capacity of steel production (with a special emphasis on China). During the hearings a number of trade remedies were mentioned such as Section 201 and Section 232 along with the antidumping and countervailing duty flat rolled steel trade […]