Posts tagged Trump
Steel and Aluminum Update: Section 232*

Following recommendations from the U.S. Department of Commerce, President Trump announced on March 8, 2018, that the U.S. would impose 25 percent tariffs on all steel imports and 10 percent tariffs on aluminum imports. The only countries exempted from these tariff hikes are Argentina, Australia, Brazil, Canada, EU Member States, Mexico, and South Korea. which are currently working alongside the U.S. to modernize the North American Free Trade Agreement. Countries exporting into the U.S. can negotiate exemptions with the Commerce Department, and as of March 19th, companies that rely on imported steel and aluminum can file exclusion requests to exempt imported products from these tariffs.

Read More
To Sanction or Not to Sanction--That Is the Question: How Congressional Action Could Affect Your Business*

On April 6, 2018, the Trump Administration imposed additional sanctions on seven Russian oligarchs and twelve companies they own and/or control. The Administration also imposed sanctions on senior Russian government officials and a state-owned Russian weapons trading company and a Russian bank, a subsidiary of the weapons company. The sanctions are a response to the alleged Russian interference in the 2016 presidential election and target public officials and some of Russia’s most influential businesspeople. These actions are pursuant to the Countering America's Adversaries Through Sanctions Act of 2017 (CAATSA), a bipartisan law enacted last August, which reinforces existing sanctions, limits the President’s ability to lift or waive certain sanctions, and authorizes the Administration to continue to impose sanctions.

Read More