Jonathan Todd, Vice Chair of our Transportation & Logistics Practice Group, publishes article in Marine Log, “Op-Ed: Steel and aluminum tariffs.”
What is old, what is new, and what recent actions mean for industry
United States President Donald Trump is no stranger to steel and aluminum tariffs. Trade actions targeting those commodities were a large part of his First Term agenda when he launched those Section 232 trade actions in 2018. President Trump revisited those prior actions less than a month after taking office by issuing Presidential Proclamations effectively updating the nation’s approach to steel and aluminum imports. The effect is a less forgiving import environment for these commodities than under the President’s prior term. It is also an environment where failure to observe strict compliance can yield higher penalties than most importers previously experienced during customs enforcement defense.
Read the full article here: Op-Ed: Steel and aluminum tariffs