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2 months ago | 
mondaq.com | Alan Price |Robert DeFrancesco |Christopher Weld |Adam Teslik
On January 16, 2025, the U.S. Trade Representative (USTR) determined, pursuant to Section 301 of theTrade Act of 1974, that China's targeting of the maritime,logistics, and shipbuilding sectors for dominance is unreasonableand burdens or restricts U.S. commerce.
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Jan 22, 2025 | 
jdsupra.com | Robert DeFrancesco |Alan Price |Kimberly Reynolds
On January 16, 2025, the U.S. Trade Representative (USTR) determined, pursuant to Section 301 of the Trade Act of 1974, that China’s targeting of the maritime, logistics, and shipbuilding sectors for dominance is unreasonable and burdens or restricts U.S. commerce.
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Jan 14, 2025 | 
jdsupra.com | Timothy Brightbill |Nazak Nikakhtar |Alan Price
As the second Trump Administration officially takes office, significant shifts in international trade and national security policies are already imminent. This webcast will explore the administration’s priorities, anticipated regulatory updates, and their legal and operational impacts on businesses. Topics include the incoming Administration’s approach to tariffs, global trade, supply chain security, foreign investments, and sanctions.
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Jan 10, 2025 | 
steelmarketupdate.com | Alan Price |John Riggins
The pace of trade-related executive action in the second Trump administration will likely exceed the already fast pace of the first. Within the first few months of his first term, President Trump issued executive orders enhancing the collection of antidumping and countervailing duties and violations of trade and customs laws, studying the US trade deficit, addressing trade agreement violations and abuses, and establishing the Office of Trade and Manufacturing Policy.
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Dec 7, 2024 | 
steelmarketupdate.com | Alan Price |John Riggins
One need only look to the language of the president-elect’s announcements to see that aggressive trade actions are the incoming administration’s top economic priority. In announcing Howard Lutnick as the nominee for Secretary of Commerce, the president-elect emphasized that Lutnick would “lead our Tariff and Trade agenda.” President-elect Trump tasked Scott Bessent with “stop[ping] unfair Trade imbalances” as Secretary of the Treasury.
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Nov 10, 2024 | 
steelmarketupdate.com | Alan Price |John Riggins
Some may believe this is just campaign hyperbole, but skeptics would be wrong to think tariffs will be watered down before they are rolled out. If the previous Section 232 and 301 measures are any guide, once duties are announced, after a short negotiating period, they will likely stay in place against most countries. Responding to retaliatory tariffs from the EU may be one of the first insights into the new administration’s approach to trading partners.
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Oct 12, 2024 | 
steelmarketupdate.com | Alan Price |John Riggins
While the China-driven gap between capacity and demand narrowed slightly in the late 2010s, global installed capacity always greatly exceeded global demand. China assured the world that it would curb capacity and production. Instead, it replaced and expanded existing capacity, even while demand fell. As a result, global excess capacity is forecast to grow to 630 million metric tons by 2026—the highest level since 2016.
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Aug 3, 2024 | 
steelmarketupdate.com | Alan Price |Stephanie Bell
The US Commerce Department on Friday released its determination confirming that the Socialist Republic of Vietnam continues to function as a non-market economy (NME). The department’s decision represents a significant victory for domestic manufacturing. It is also critical to leveling the playing field for US industries and will support greater opportunities for growth and fair trade in the United States. The government of Vietnam had requested that Commerce reconsider its NME designation.
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Jul 19, 2024 | 
steelmarketupdate.com | Alan Price |John Riggins
But there appears to be more behind UK Steel’s report than simply advocating for EAFs. The United Kingdom and other countries are using the “green” label to subsidize bailouts of obsolete, inefficient, and excess capacity that should exit the market. The UK Steel report was drafted to support such a bailout and to discourage politically unpopular shutdowns. US steelmakers have invested billions of dollars in technologies that curb greenhouse gas output.
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Jul 1, 2024 | 
jdsupra.com | Timothy Brightbill |Alan Price |Maureen Thorson
In a landmark decision on June 28, 2024, the U.S. Supreme Court issued a 6-3 opinion in Loper Bright Enterprises et al. v. Raimondo (Loper Bright), overturning the four-decades-old deference doctrine established in Chevron USA Inc. v. NRDC. The majority opinion was written by Chief Justice Roberts, with a concurrence by Justice Gorsuch and a dissent from Justice Kagan, joined by Justice Sotomayor and Justice Jackson.
