The Nixon Shock: How Section 232 Import Investigations Began and Why They Have Become So Prevalent
In this episode of Five Questions, Five Answers, Birgit Matthiesen and Jessica DiPietro explore the historical context and implications of the Nixon Shock and the Trade Expansion Act, focusing on Section 232 investigations and their impact on US trade policy.
On
Birgit and Jessica discuss the complexities of these investigations, the broad scope of tariffs, and the importance of understanding product classifications and valuations. They also look ahead to the future of Section 232 actions and the need for companies to stay informed and prepared for potential trade remedy actions in 2026.
Takeaways
- Know that Section 232 investigations can be initiated by multiple actors, including the president and Congress.
- Anticipate wide investigative scopes that can sweep in diverse products and complicate compliance.
- Monitor Federal Register notices to stay current on tariff actions and scope changes.
- Note that the current Administration frames economic security as national security.
- Track the rising number of Section 232 investigations as a signal of policy direction.
- Prepare proactively by assessing and managing your company’s tariff exposure.
