Tag: trade policy

International trade attorneys discuss court decisions this week that left many importers, manufacturers, and even casual observers wondering: What’s next?

The European Union is fast-tracking trade negotiations with the US in the hope of avoiding the 50% tariffs threatened by President Trump.

Trump threatens EU with 50% tariff starting June 1.

We keep hearing that there are backroom discussions about pitching a ban on used beverage containers (UBC) from the US.

After recently receiving an industry honor on behalf of Ternium, I had the opportunity to reflect and share my vision on the state and future of our industry.

Quotas featured in the UK agreement may show up in future deals.

A Pennsylvania state senator plans to submit legislation to incentivize steelmaking in the state.

The US and UK governments have announced a trade deal in which an “alternative” to the Section 232 steel and aluminum tariffs will be provided.

US Sen. Jim Banks (R-Ohio) and Rep. Frank Mrvan (D-Ind.) have written a letter in support of a “domestically owned and operated American steel industry” being vital to national security.

It's just the latest change for US trade policy

Chinese steel export prices are expected to remain stable or fall in the coming weeks as trade restrictions rise and tensions between the country and the US escalate.

Manufacturing was mixed, but two-thirds of districts said activity was little changed or had declined.

Trump's new auto tariffs will apply to passenger vehicles (including sedans, sport utility vehicles, crossover utility vehicles, minivans, and cargo vans), light trucks, and certain automobile parts (including engines and engine parts, transmissions and powertrain parts, and electrical components).

This week, SMU polled steel buyers on an array of topics, including market prices, demand, tariff policies, inventories, imports, and emerging market events.

The European Commmission is reducing the amount of tariff-free foreign steel that can enter the EU.

President Trump said on Monday there may be exceptions for some countries on reciprocal tariffs.

These developments come at a time when the global trading system has been shaken up by US President Donald Trump’s greater use of tariffs, including employing Section 232 legislation to impose a 25% levy on steel from all countries to protect national security.

The European Commission unveiled A European Steel and Metals Action Plan aimed at safeguarding the European Union’s steel and base metals production.

President Trump said he has no plans to create exemptions on the recently enacted steel and aluminum tariffs, according to media reports.

International trade attorney Alan Price sat down with SMU to unpack the latest developments in Trump’s tariff merry-go-round.

The United States has officially reinstated undiluted Section 232 tariffs on steel and aluminum as of Wednesday, . All imports of the metals, as well as some derivative products, now face a 25% tax when entering the US.

Don't forget that Trump's reinstatement of the Section 232 tariffs on steel and aluminum imports is slated for Wednesday, March 12.

“It is completely shocking for the United States to treat a long-time and fair trading partner in this manner,” the Canadian Steel Producers Association said.

Increased protectionism is expected to continue to drive up steel prices in the US and Europe.

On Thursday morning, Trump posted on Truth Social about Canada and Mexico: “the proposed TARIFFS scheduled to go into effect on MARCH FOURTH will, indeed, go into effect, as scheduled.”

The Leveling the Playing Field Act 2.0 has been reintroduced into both houses of Congress

Tuesday, March 4, marks the end of a 30-day delay in the levies.

The Trump administration has revealed the list of derivative steel products being added to the Section 232 tariff list.

President Donald J. Trump signed a Presidential Memorandum announcing the “Fair and Reciprocal Plan” for trade on Thursday. This would eventually see the levying of reciprocal tariffs on trading partners after a trade analysis for each country is conducted.

While Canada and Mexico bent the knee to push tariff implementation out another month, the US on Tuesday instituted an additional 10% tariff on Chinese goods.