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Articles by John Veroneau
The Supreme Court Takes Aim at Trump’s IEEPA Tariffs
John K. Veroneau served as deputy U.S. trade representative under President George W. Bush and assistant secretary of defense under President Bill Clinton. He is an adjunct faculty member at the University of Maine School of Law. Last week, the U.S. government argued to the Supreme Court that tariffs imposed by President Donald Trump under the International Economic Emergency Act (IEEPA) were lawful because they are regulatory rather than revenue-raising.
Why the Supreme Court Must Rule Against Trump’s Tariffs
John K. Veroneau served as deputy U.S. trade representative under President George W. Bush and assistant secretary of defense under President Bill Clinton. He is an adjunct faculty member at the University of Maine School of Law. More From Our Experts The U.S. Supreme Court intends to move quickly to review whether wide-ranging tariffs imposed by President Donald Trump under the International Emergency Economic Powers Act (IEEPA) are lawful. It should decide that they are not.
Trump Should Clarify His Trade Agenda and Align It With a Broader Mandate
President Donald Trump should clarify the goals of his trade agenda and align them with his broader promise to “drain the swamp” by returning power to the people. For starters, Trump should distinguish trade agenda items that can be advanced through tariffs from trade-adjacent items that cannot. More on: RealEcon Trade and Investment Trump Fortifying the United States’ defense industrial base is a critical goal but not one that tariffs can effectively advance.
How to get the IPEF talks back on track - John K. Veroneau
Due to the technical or legal reasons, readability mode is not available for this article. Thank you for your kind understanding. QOSHE - How to get the IPEF talks back on track - John K. Veroneau Columnists Actual . Favourites . Archive U.S. is late to the game on Indo-Pacific digital trade © Nikkei Asian Review visit website
USTR Seeks Public Comment in Second Phase of Four-Year Review of Necessity for Section 301 Tariffs on Chinese Imports
On November 1, 2022, the Office of the U.S. Trade Representative (“USTR”) published a questionnaire for interested parties to use in commenting on the effects of the tariffs imposed on Chinese imports under Section 301 of the Trade Act of 1974 (“Section 301 Tariffs”). USTR issued the questionnaire pursuant to its October 17, 2022 notice initiating the second phase of its statutory four-year review of the Section 301 Tariffs.
Biden Administration Hosts the First Indo-Pacific Economic Framework Ministerial: Updates, Outlook, and Remaining Questions
On July 26-27, 2022, the Biden Administration hosted a two-day virtual meeting with top trade officials from the 13 other partners of the Indo-Pacific Economic Framework for Prosperity (“IPEF” or “Framework”)—Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, the Republic of Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Vietnam.
USTR Initiates Four-Year Review Of Necessity For Section 301 Tariffs On Chinese Imports
On May 3, 2022, the Office of the U.S. Trade Representative ("USTR") announced that it is initiating a statutory four-year review of necessity for the tariffs imposed on Chinese imports under Section 301 of the Trade Act of 1974 ("Section 301 Tariffs"). USTR's review will examine whether to extend the tariffs currently in place on over $360 billion in Chinese imports.
USTR Initiates Four-Year Review of Necessity for Section 301 Tariffs on Chinese Imports
On May 3, 2022, the Office of the U.S. Trade Representative (“USTR”) announced that it is initiating a statutory four-year review of necessity for the tariffs imposed on Chinese imports under Section 301 of the Trade Act of 1974 (“Section 301 Tariffs”). USTR’s review will examine whether to extend the tariffs currently in place on over $360 billion in Chinese imports.
USTR Reinstates Limited Exclusions from Tariffs on Chinese Imports
International Trade, Public Policy (U.S.), Technology On March 23, 2022, the Office of the U.S. Trade Representative (“USTR”) announced its decision to reinstate through December 31, 2022, 352 previously granted exclusions from tariffs imposed on Chinese imports under Section 301 of the Trade Act of 1974 (“Section 301 Tariffs”).
Joe Biden must reflect patriotic globalism in better trade policy
President Trump established three goals related to international trade: reduce the trade deficit, increase manufacturing jobs and resolve trade problems with China. He failed on all three counts. The trade deficit is higher, U.S. manufacturing jobs are fewer and a resolution of trade problems with China is less clear now than four years ago. More broadly, President Trump argued that trade policy is based either on “America First” protectionism or “give the store away” internationalism.
Frequently Asked Questions and Answers Regarding the Trump Administration’s Push to Secure Supply Chains in the United States/New Interagency Effort Aimed at Expanding Sectors, Measures | LexBlog
It has been publicly reported that discussions are underway within the Trump Administration for a coordinated interagency initiative to remove key industrial supply chain dependencies from overseas, especially China, and redouble efforts to secure such supply chains in the United States.
National Security Tariff Investigation Targets Steel-Based Components of Electrical Transformers
The Commerce Department on May 4, 2020, announced a new investigation under Section 232 of the Trade Expansion Act of 1962, examining whether “laminations for stacked cores for incorporation into transformers, stacked and wound cores for incorporation into transformers, electrical transformers, and transformer regulators are being imported into the United States in such quantities or under such circumstances as to threaten to impair the national security.” This investigation should be of...
Companies Should Understand USMCA's Labor Obligations as They Are Significant and Likely to Be Enforced
Because labor-related obligations in existing U.S. trade agreements are general and largely hortatory, few enforcement actions have been taken with regard to these obligations. The labor obligations in the Agreement between the United States of America, the United Mexican States and Canada (“USMCA” or “Agreement”), however, are specific and likely to be enforced.
USTR Releases a Third Proposed List of Tariffs on $200 Billion in Chinese Imports
Last night, the Office of the U.S. Trade Representative (“USTR”) released a new proposed list of $200 billion worth of products from China that could face an additional 10 percent ad valorem tariff. The list covers 6,031 product categories, including a multitude of consumer goods such as luggage, tires, furniture, apparel, mattresses, household goods, components in telephones and flat panel displays and more.
Administration Announces Procedures for Product-Specific Exclusions from Steel and Aluminum Tariffs
On March 19, 2018, the U.S. Department of Commerce published procedures for seeking product-specific exclusions from the tariffs on steel and aluminum announced on March 8, 2018.
President Trump Imposes Steel and Aluminum Tariffs, Announces Process for Seeking Exemptions and Exclusions
On March 8, 2018, President Trump issued two proclamations announcing tariffs on steel and aluminum imports to the United States. As foreshadowed on March 1, the tariff levels will be 25 percent on steel imports and 10 percent on aluminum imports. These tariffs will go into effect on March 23.
President Trump Announces Tariffs on Steel and Aluminum Products
On March 1, 2018, President Trump announced that the Administration plans to institute tariffs on steel and aluminum imports to the United States.
Administration Submits Notice Of NAFTA Renegotiation
On May 18, 2017, newly-confirmed U.S. Trade Representative Robert Lighthizer formally notified Congress that President Trump intends to renegotiate the North American Free Trade Agreement (NAFTA). The Trump Administration has indicated that it will request public input on the “direction, focus, and content” of these negotiations, and will publish notice in the Federal Register regarding such input.
Trump Moves On Aluminum Under Section 232; Steel Investigation Update
Just one week after launching a national security investigation of steel imports under Section 232 of the Trade Expansion Act of 1962 President Trump has announced plans to institute a similar investigation regarding aluminum. In a memorandum of April 27, 2017, President Trump announced that the Secretary of Commerce had initiated an investigation under Section 232 to determine the national security effects of aluminum imports.
Trump, Xi Kick Off Economic Relationship
On Friday, April 14, the U.S. Department of Treasury published a widely anticipated semi-annual report detailing the foreign exchange practices of America’s major trading partners. Although he regularly called for China to be labeled as a “currency manipulator” as a candidate, President Donald J. Trump and his administration declined to use the occasion of this report to do so.
President Trump Acts on Several Trade-Related Campaign promises
During the 2016 presidential campaign, President Trump made clear his plans to chart a new course on U.S. trade policy. The first few days of his presidency indicate his commitment to follow through on these plans. In his Inaugural Address, President Trump included trade among the policy areas that would be guided by an “America First” agenda, and stated: From this moment on, it’s going to be America First.
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