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Steel and Aluminum Tariffs: Recovery and Risk Reduction for Federal Contractors

Client Alert | less than 1 min read | 03.07.18

On March 1, the President announced his intention to impose tariffs of 25 percent on all imported steel and 10 percent on all imported aluminum. When finalized, the tariffs could increase costs of performance and restrict available supply for contractors across a range of industries. Federal contractors who manufacture or use products containing steel or aluminum should examine their existing contracts, as many may include risk-shifting provisions with opportunities for recovery through price adjustments or relief through schedule adjustments. Federal contractors also should consider re-evaluating pricing of offers and revising standard contract terms. Click here to read the full post on our Government Contracts blog.

Insights

Client Alert | 4 min read | 09.23.25

A Special Relationship Reboot? The US-UK Tech Prosperity Deal

On 18 September, during the anticipated state visit, the leaders of the UK and the US signed the Technology Prosperity Deal, which promises to boost investment and cooperation to foster innovation, security, and economic prosperity. This is being lauded in the UK as a hugely significant milestone in transatlantic cooperation. The governments of both countries have released a Memorandum of Understanding (“Memo”) which covers a number of ambitious plans in strategic science and technology fields, including artificial intelligence (“AI”), nuclear energy, fusion, and quantum technologies....