International Law,
Government,
Construction,
Antitrust & Trade Reg.
May 31, 2018
As steel tariffs come into play, contractors should review contracts
Trump exercised his discretion in granting temporary exemptions to Canada, Mexico, South Korea, Argentina, Australia, Brazil and countries in the European Union — but they expire on Friday.
As most construction professionals know, earlier this year President Donald Trump executed two proclamations establishing a 25 percent tariff on certain steel products and a 10 percent tariff on certain aluminum products, which went into effect on March 23. The amount of the tariffs and the origin countries subject to the tariffs are fluid concepts, with Trump already having exercised his discretion in granting temporary exemptions to Canada, Mexico, South Korea, Arge...
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