U.S. Commerce Department Launches Section 232 Investigation into Processed Critical Minerals and Semiconductors, Trade Actions Expected in 2025

The U.S. Commerce Department has initiated a new Section 232 trade investigation focusing on imports of processed critical minerals and their derivative products, as well as semiconductor imports. This investigation could lead to trade actions later in 2025. The move reflects ongoing concerns about supply chain security and national economic interests.

Alongside this, there is heightened attention on navigating tariff risks in various sectors, including construction, real estate, and mergers and acquisitions. Legal experts and firms have been providing guidance on managing tariff-related risks and understanding new tariff exclusions and executive orders. Additionally, changes to postal and de minimis tariff rules under the Trump administration's Section 47 regulations are also forthcoming, adding complexity to the trade and tariff landscape.