Trade Cases
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Next Community Chat to Feature Trade Expert Lewis Leibowitz
Written by Michael Cowden
November 5, 2021
SMU’s next Community Chat webinar will feature veteran trade attorney Lewis Leibowitz. We’ll talk Section 232, the tariff-rate quota (TRQ) with the EU, and the changing global trade landscape.
The free webinar begins at 11 a.m. ET (10 a.m. CT) on Wednesday, Nov 17. You can register by clicking here.
Why should you listen? The TRQ goes into effect Jan. 1, 2022 – just around the corner – and replaces the blanket 25% tariffs that had been imposed by the Trump administration.
Will the agreement with the EU serve as a template for future pacts with other U.S. allies such as the UK, Japan and South Korea? Does it herald a new period of managed trade in which U.S. adversaries – Russia and China, for example – are increasingly excluded from certain domestic markets?
And what does all of this mean for your business, especially if you’re a smaller trader? If you’re buying steel from the EU, for example, how do you comply with the “melted and poured” language in the TRQ?
Lewis will be our guide as we explore the opportunities and challenges of this new trade environment.
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Michael Cowden
Read more from Michael CowdenLatest in Trade Cases
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Leibowitz: The consequences of a new barrage of trade cases on coated steel
Domestic steel producers and the United Steelworkers (USW) union filed a barrage of trade cases last week. This is hardly news. Ever since the Commerce Department ruled that Vietnam is still treated as a nonmarket economy (NME) for antidumping purposes, many in the business expected new cases on the product that Vietnam excels at—“corrosion-resistant steel.” Nor is it a surprise that these cases roped in nine countries in addition to Vietnam: Australia, Brazil, Canada, Mexico, the Netherlands, South Africa, Taiwan, Turkey, and the United Arab Emirates. All these countries rank in the top ten exporters of corrosion-resistant steel to the United States. These petitions are a broadside against coated flat-rolled steel imports.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/investigate.png)
Coated trade case alleges hefty dumping margins
Domestic mills have alleged substantial dumping margins in the trade case targeting imports of corrosion-resistant steel.
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US mills file sprawling trade case against coated imports from 10 nations
US mills have filed or soon will file a sprawling trade petition against imports of coated flat-rolled steel from 10 countries. The petition seeks anti-dumping margins against Canada, Mexico, Brazil, the Netherlands, Turkey, the United Arab Emirates, Vietnam, Taiwan, Australia, and South Africa. It also seeks countervailing duty margins against Canada, Mexico, Brazil, and Vietnam. That’s according documents dated Sept. 5 and addressed to Commerce Secretary Gina Raimondo and International Trade Commission (ITC) Secretary Lisa Barton.
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Steel Summit 2024: Trade issues abound ahead of election
Trade is always front and center in an election year. And 2024 is no different. There is no shortage of issues, with questions like the sale of U.S. Steel to Japan’s Nippon Steel, potential cracks in the USMCA, and Chinese overcapacity dominating the headlines. But how do you distinguish between issues that might just last until November, and what are the crucial questions that could affect your business for years to come?
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US senators urge reduction to S. Korean OCTG quota
https://www.brown.senate.gov/newsroom/press/release/sherrod-brown-casey-fetterman-biden-administration-level-playing-field-american-octg-industry