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Indonesian law firm Armand Yapsunto Muharamsyah & Partners (AYMP) has expanded its tax, trade and customs offering by hiring Riza Buditomo as a partner from Hadiputro, Hadinoto & Partners (HHP), the local member firm of Baker McKenzie. ....
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Global Compliance News July 4, 2021 3 Mins Read Share In brief On 5 April 2021, the US Court of International Trade (Court) issued a significant ruling that overturns a portion of the Section 232 tariffs imposed by President Trump under Section 232 of the Trade Expansion Act of 1962 (19 U.S.C. §1862). The decision affects the duties imposed on US imports of steel and aluminum “derivative” products but not the more general steel and aluminum tariffs. The Court found that President Trump missed the statutory deadline when he extended Section 232 tariffs to cover steel and aluminum derivative products more than two years after he received the original Section 232 report. In particular, the President failed to issue the proclamation expanding the duties within the 105-day window beginning upon receipt of the investigation report issued by the Secretary of Commerce. The decision may provide a path to meaningful relief (i.e., refunds and future impo ....