From AFOA General Counsel on March 29, 2025:
Here you will find the most recent client memorandum providing a high-level overview of recent developments relating to the trade war. This memorandum discusses U.S imposing tariffs on automobiles and certain automobile parts; “secondary tariffs” on countries importing oil or gas from Venezuela; CBP’s updated FAQs on Section 301 Steel and Aluminum Derivatives; April 2 Reciprocal tariff actions; and anticipated sectoral tariffs on semiconductors, lumber, and pharmaceuticals.
