On July 7, President Donald J. Trump signed an executive order extending the current pause on reciprocal tariffs through August 1, 2025, postponing implementation of country-specific reciprocal rates until that time. The...more
President Trump plans to announce reciprocal tariffs on many countries. So, what is a reciprocal tariff? First, let’s examine tariffs in general. A tariff is a tax imposed by one country on imports of goods or merchandise...more
UPDATE: At 10:41 Monday morning President Trump posted on Truth Social announcing that the tariffs with respect to Mexico will be delayed by one month. “I just spoke with President Claudia Sheinbaum of Mexico. It was a very...more
2/5/2025
/ Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Mexico ,
National Security ,
Section 301 ,
Supply Chain ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies
The Petition - Bakelite LLC (“Bakelite” or “Petitioner”), the sole U.S. producer of granular hexamine in the United States filed a petition asking the U.S. government to impose antidumping (“AD”) duties on imports of hexamine...more
10/9/2024
/ Anti-Dumping Duty ,
China ,
Countervailing Duties ,
Germany ,
Importers ,
Imports ,
India ,
International Trade Commission (ITC) ,
Investigations ,
Saudi Arabia ,
Tariffs ,
Trade Relations ,
U.S. Commerce Department
It may come as a surprise to most businesses that some goods around the globe are still being made with forced labor at this moment in time. But unfortunately that is the case and decades-old laws are increasingly being...more