December 2020: International Trade Update
By EsqSocial Corporation 30/12/20
New Ruling on Section 232 Steel Tariffs - A major component of President Trump’s trade agenda has been imposing tariffs on steel imports under Section 232 of the Trade Expansion Act of 1962. Those tariffs have engendered many legal challenges; few have had any success. That changed on July 14, 2020, when a three-judge panel of the U.S. Court of International Trade ruled that President Trump’s Proclamation 9772, which imposed a 50% tariff on certain steel products from the Republic of Turkey...
By: Quinn Emanuel Urquhart & Sullivan, LLP