On August 15, the Department of Commerce’s Bureau of Industry and Security (BIS) issued a draft Federal Register notice adding hundreds of tariff subheadings to the list of steel and aluminum derivative products subject to Section 232 tariffs imposed in June. The newly announced duties apply to the steel and aluminum content of derivative products that are entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. Eastern Time on August…
In briefThe US Department of Commerce (“Commerce”) has initiated a Section 232 national security investigation into the imports of pharmaceuticals and pharmaceutical ingredients. This investigation aims to determine whether these imports threaten US national security. The scope of the investigation includes finished drug products, medical countermeasures, critical inputs such as active pharmaceutical ingredients (APIs), key starting materials, and derivative products of these items. Commerce may restrict imports of these products through tariffs, quotas, or other…