Tag: Section 232

  • Lilly Doubles Down on Lebanon: $4.5 Billion More for Indiana

    Lilly Doubles Down on Lebanon: $4.5 Billion More for Indiana

    A window into how Washington is now buying American pharmaceutical capacity and what the Lebanon expansion tells us about the new U.S. industrial-policy architecture for pharma Eli Lilly is making another major investment in U.S. manufacturing, announcing plans to spend an additional $4.5 billion at two of its sites in Lebanon, Indiana. The headline figure…

  • Section 232 Copper Tariffs and the Strategic Stockpile: Domestic Supply, Price Volatility, and Strategic Implications

    Section 232 Copper Tariffs and the Strategic Stockpile: Domestic Supply, Price Volatility, and Strategic Implications

    The 50% Tariff on Semi-Finished Copper Section 232 of the Trade Expansion Act of 1962 grants the President authority to impose tariffs on imports deemed essential to national defense. Using this authority, the current administration has imposed a 50% tariff on semi-finished copper products, including wire, tubes, sheets, and rods. This represents one of the…