Notice of Implementation of Action: Nicaragua's Acts, Policies, and Practices Related to Labor Rights, Human Rights and Fundamental Freedoms, and the Rule of Law
USTR noticeTariff raisedFederal Register 25/12/29Open the original
Summary
USTR implements its Section 301 action on Nicaragua's labor rights, human rights and rule of law practices: a tariff on all Nicaraguan goods not originating under CAFTA-DR, phased in at 0 percent on January 1, 2026, 10 percent on January 1, 2027, and 15 percent on January 1, 2028.
By industry
- Tariffs & Reshoring1 trading day−0.9%p15 stocks5 trading days+2.9%p15 stocks20 trading days+6.9%p15 stocks
“all imported Nicaraguan goods that are not originating under CAFTA-DR will be subject to a 15 percent tariff that is phased-in”
Day by day after the announcement
| Day | Tariffs & Reshoring stocks | S&P 500 |
|---|---|---|
| 25/12/26 | 0.0% | 0.0% |
| 25/12/29 | −1.2% | −0.3% |
| 25/12/30 | −1.3% | −0.5% |
| 25/12/31 | −2.6% | −1.2% |
| 26/01/02 | +1.0% | −1.0% |
| 26/01/05 | +2.6% | −0.4% |
| 26/01/06 | +3.7% | +0.3% |
| 26/01/07 | +1.9% | −0.0% |
| 26/01/08 | +2.8% | +0.0% |
| 26/01/09 | +4.7% | +0.6% |
| 26/01/12 | +5.9% | +0.7% |
| 26/01/13 | +6.3% | +0.5% |
| 26/01/14 | +7.7% | −0.1% |
| 26/01/15 | +9.3% | +0.3% |
| 26/01/16 | +8.2% | +0.2% |
| 26/01/20 | +8.0% | −1.8% |
| 26/01/21 | +10.3% | −0.5% |
| 26/01/22 | +10.4% | −0.3% |
| 26/01/23 | +10.2% | −0.3% |
| 26/01/26 | +6.9% | +0.3% |
| 26/01/27 | +7.7% | +0.8% |
Korean stocks in these industries
- Hyundai Steel 004020
- POSCO Holdings 005490
- SeAH Steel Holdings 003030
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Scott J. Kelly
BuyWorthington Steel
BuyWorthington Steel
WS
$273.8K
7,000 sh
$273.8K
Filed 01/29
Traded 01/27
- Dennis V. Arriola
BuyCommercial Metals
BuyCommercial Metals
CMC
$149.4K
2,000 sh
$149.4K
Filed 01/22
Traded 01/20
- Karla R. Lewis
SellReliance
SellReliance
RS
$1.1M
3,775 sh
$1.1M
Filed 25/12/02
Traded 25/12/01
- Leon J. Topalian
SellNucor
SellNucor
NUE
$790K
5,000 sh
$790K
Filed 25/12/23
Traded 25/12/19
- Jesse E. Gary
Sell10b5-1 planCentury Aluminum
Sell10b5-1 planCentury Aluminum
CENX
$7.2M
150,000 sh
$7.2M
Filed 01/23
Traded 01/23
- Karla R. Lewis
SellReliance
SellReliance
RS
$577.4K
2,034 sh
$577.4K
Filed 25/12/02
Traded 25/12/01
- Robert S. Wetherbee
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$5.2M
47,355 sh
$5.2M
Filed 25/12/19
Traded 25/12/18
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$3.6M
11,894 sh
$3.6M
Filed 25/12/11
Traded 25/12/10
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$2.9M
9,473 sh
$2.9M
Filed 25/12/11
Traded 25/12/10
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$2.2M
7,326 sh
$2.2M
Filed 25/12/11
Traded 25/12/09
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$2M
6,741 sh
$2M
Filed 25/12/11
Traded 25/12/09
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$1.9M
6,108 sh
$1.9M
Filed 25/12/11
Traded 25/12/10
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$1.7M
5,681 sh
$1.7M
Filed 25/12/11
Traded 25/12/10
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$1.7M
5,545 sh
$1.7M
Filed 25/12/11
Traded 25/12/10
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$1.5M
5,061 sh
$1.5M
Filed 25/12/11
Traded 25/12/09
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$991.5K
3,287 sh
$991.5K
Filed 25/12/11
Traded 25/12/10
- Brian J. Malloy
SellCarpenter Technology
SellCarpenter Technology
CRS
$983.4K
3,193 sh
$983.4K
Filed 25/12/11
Traded 25/12/09
- Allen C. Behr
SellNucor
SellNucor
NUE
$939.4K
5,950 sh
$939.4K
Filed 25/12/23
Traded 25/12/19
- Robert S. Wetherbee
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$708.4K
6,507 sh
$708.4K
Filed 25/12/19
Traded 25/12/18
- Robert S. Wetherbee
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$679.5K
6,158 sh
$679.5K
Filed 25/12/19
Traded 25/12/18
