New U.S.-EU Steel and Aluminum Deal on Section 232 Tariffs: Impact on the Automotive Industry

Les Glick is co-chair of the Butzel Long International Trade and Customs Specialty team. He is a specialist in international trade and customs for over 30 years, and is the author of 5 books on international trade and customs topics, including NAFTA and USMCA. He has given a series of seminars on USMCA-NAFTA 2.0. He is active in importer response to new tariffs under sections 232 and 301 (have filed over 50 exclusion requests for clients) as well as complex country of origin rulings.  He works with US importers and exporters from Mexico, Brazil, Italy, Austria, France, Germany, China, Turkey, Japan and Vietnam.

In the 10-minute Audio Interview, Mr. Glick discusses these questions:

• What is the most recent trade development between the U.S. and the European Union, when did it occur, and how does it affect the U.S. automotive industry?

• What is a section 232 tariff, and how does it apply to Europe and other countries?

• How does this new agreement with the EU work, and what are the amounts of EU steel that can enter the U.S. before the tariffs?

• What did the U.S. gain, and what is the takeaway for the U.S. automotive industry?