The Office of Foreign Assets Control (OFAC) has revised Iran-related frequently asked questions (FAQs) to clarify that the sanctions authorized against the Iranian construction, mining, manufacturing and textiles sectors, among others, will not target Iranian manufacturers of medicines, medical devices, or products used for sanitation or hygiene or as personal protective equipment, solely for use

On November 5, 2020, the United States and Mexico announced that they had concluded consultations pursuant to their Joint Statement of May 17, 2019 to address the transshipment of grain-oriented electrical steel (GOES) from outside North America into the United States through GOES-containing downstream products. The May 2019 Statement committed Mexico (and Canada) to implement

On September 15, 2020, the Office of the United States Trade Representative (USTR) issued a statement that it will “modify the terms of the 10% tariff imposed in August on imports of Canadian non-alloyed unwrought aluminum.” The United States will resume duty-free treatment of the Canadian aluminum retroactive to September 1, 2020, based on the

On August 21, 2020, the United States and the European Union (EU) agreed to tariff reductions on several products unrelated to ongoing trade disputes involving Section 232 national security tariffs on aluminum and steel products and retaliatory tariffs under the WTO dispute involving large commercial aircraft. In a Joint Statement issued by the Office of

As promised by Canadian Deputy Prime Minister Chrystia Freeland, Canada’s Department of Finance issued a notice of its intent to impose countermeasures to President Donald Trump’s reimposition of 10% Section 232 national security tariffs on imports of certain Canadian aluminum products. See Update of August 7, 2020. The products subject to countermeasures will be

On August 6, 2020, President Donald Trump issued a Presidential Proclamation reimposing the 10% ad valorem tariff on imports of non-alloyed unwrought aluminum products from Canada. Referencing his original Section 232 Proclamation No. 9704 of March 8, 2018 (see Update of March 8, 2018), President Trump stated that imports of this form of

The Office of the U.S. Trade Representative (USTR) has published a Federal Register notice granting a limited number of product exclusion extensions from the Section 301 tariff for four imported Chinese products appearing on the first list/tranche of goods valued at $34 billion. In July 2019, the USTR granted 110 specially-prepared exclusion requests with an

On June 25, 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced that its recent designations to the Specially Designated Nationals and Blocked Entities (SDN) List targeted Iran’s steel, aluminum, copper, and iron sectors. OFAC designated eight entities operating in the Iranian metals sector including companies from Iran, the United

The Department of Commerce has issued a Federal Register notice seeking public comment on (1) the appropriateness of the information its Bureau of Industry and Security (BIS) requested and considered in applying the Section 232 exclusion criteria to product exclusion requests, and (2) the efficiency and transparency of the product exclusion process itself. This request

On May 14, 2020, the U.S. Departments of State and Treasury and the U.S. Coast Guard issued a global advisory to alert the maritime industry and those active in the energy and metals sectors to deceptive shipping practices used to evade U.S. economic sanctions.  It is intended to provide exporters, shippers and others utilizing the