Section 232 Tariff Reduction for Select Taiwanese Goods In a Federal Register notice set to be published on May 28, the Office of the United States Trade Representative has announced that it will be lowering the Section 232 tariffs on Taiwanese auto parts and some wood products, as well as eliminating tariffs on aerospace goods that were subject to Section …
CARMICHAEL COMPASS: ISSUE 26-019 – May 13, 2026
Update on the CIT Section 122 Tariff Case As expected, the US government filed an appeal of the Court of International Trade’s decision striking down the Section 122 tariffs imposed by President Trump in February. The US also sought a stay of the injunction against the collection of the tariffs which was applicable only to the importers that filed suit …
CARMICHAEL COMPASS: ISSUE 26-018 – May 8, 2026
Court of International Trade Strikes Down Section 122 Tariffs On May 7, the U.S. Court of International Trade ruled that the Section 122 tariffs as imposed by President Trump in February 2026 are unlawful. The 2-1 split decision ruled that the President failed to identify a balance-of-payment deficit within the scope of the meaning of Section 122. However, it should …