Trump Announces U.S.- U.K. Tariff Deal President Trump has announced in an executive order an agreement with the United Kingdom in dealing with section 232. There will be a Section 232 quota tariff for British cars of 7.5%. This will bring the combined regular MFN duty and the 232 duties to a total of 10% for the first 100,000 cars. …
MEMO TO CLIENTS ISSUE 25-026 – June 13, 2025
BIS Adds Steel Appliances to Steel Derivative List for 232 Tariffs The Commerce Department’s Bureau of Industry and Security (BIS) issued a Federal Register Notice announcing that it will include new steel derivatives involving household appliances. It revises Annex 1 to the list of goods subject to the Section 232 tariffs, effective June 23. It adds these additional steel derivative products …
MEMO TO CLIENTS ISSUE 25-025 – June 02, 2025
CBP Issues Changes for Guidance to IEEPA Reciprocal In-Transit Exceptions U.S. Customs and Border Protection (CBP) has made two changes to the exemption for IEEPA-specific rates for goods in transit. The first is an extension for the entry filing date. It applies to the vessel dates loading prior to April 5, 2025, April 9, 2025, and April 10, 25. Goods …