That’s (Nearly) a Wrap on the Steel and Aluminum Trade Dispute

Dear Client:  After more than three years, we can just about put the steel and aluminum trade dispute to bed. Yesterday the US Department of Commerce announced the US reached an agreement with the UK "to allow historically-based sustainable volumes of UK steel and aluminum products to enter the US market without the application of Section 232 tariffs," per release, effective June 1. This, in turn, lifts the UK's retaliatory tariffs on more than $500 million worth of US goods, including