The U.S. Supreme Court denied importer PrimeSource Building Products' petition for writ of certiorari in a case on President Donald Trump's expansion of Section 232 duties onto steel and aluminum "derivative" products. PrimeSource argued that the president's decision to extend the duties onto these goods was unlawful since it was made beyond procedural time limits laid out in the statute (PrimeSource Building Products v. U.S., U.S. Sup. Ct. # 23-69).
A new Silverado Policy Accelerator report says not enough attention has been paid to China's production of mature or legacy semiconductors -- a category the paper calls "foundational" -- and the authors say ceding this market to China "would have significant national and economic security implications."
The following lawsuits were filed at the Court of International Trade during the week of Oct. 16-22:
For all the talk of a climate club, where trade among countries inside the club is privileged, panelists at the Niskanen Center said the failure of the U.S. and the EU to reach an agreement on green steel in two years of talking shows how far off that possibility is.
The Commerce Department failed to address contradicting that the U.S. industry couldn't timely provide tin mill products when it denied Seneca Foods' requests for exclusions from Section 232 steel and aluminum duties, the Court of International Trade ruled in an Oct. 18 opinion.
The U.S. Chamber of Commerce and BusinessEurope issued a joint statement ahead of European Commission President Ursula von der Leyen's visit with President Joe Biden, asking them to "definitively reject protectionism," which the groups said is on the rise, due to "misinformed narratives about industrial decline." She will be in Washington Oct. 20.
Lydia Childre, former international trade and logistics senior associate at Venable, has joined boutique trade law firm Lighthill, the firm announced on LinkedIn. Childre worked at Venable for nearly two years after serving as a senior project adviser on Section 232 steel and aluminum tariffs at the Commerce Department's International Trade Administration. Her practice at Lighthill will center on "national security and trade policy," the firm said. Lighthill was founded earlier this year by former Crowell & Moring attorney John Anwesen (see 2307050026).
An academic and a think tank scholar agreed that, despite the upcoming visit between the EU president and the U.S. president, they don't expect the global arrangement on steel and aluminum negotiations to conclude by their Oct. 31 deadline.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
U.S. Trade Representative Katherine Tai laid out her priorities for reforming the World Trade Organization, providing concrete options that the U.S. and other WTO members can take to reinvigorate the international trade forum. In a Sept. 22 speech at the Center for Strategic and International Studies, Tai said that the biggest tenets of WTO reform revolve around "improving transparency," rebuilding the body's ability to negotiate new rules for new challenges and dispute settlement reform.