The evolving U.S. tariff regime under President Donald Trump has had and likely will continue to have profoundly impacts on commercial contracts. Commercial actors are evaluating their contractual commitments to determine the...more
While the recent imposition of US tariffs on aluminium and steel imports and the EU’s subsequent response may evoke a sense of déjà vu from the first Trump administration, the European Union (EU) has more arrows in its quiver...more
4/1/2025
/ Coercion ,
Enforcement Actions ,
Enforcement Priorities ,
EU ,
European Commission ,
Imports ,
International Trade ,
Popular ,
Regulatory Agenda ,
Regulatory Requirements ,
Supply Chain ,
Tariffs ,
Trade Policy ,
Trade Relations ,
Trump Administration ,
US Trade Policies
President Donald Trump has issued a series of proclamations imposing duties on imports of steel and aluminum products. The first proclamation, “Adjusting Imports of Steel Into the United States” (Steel Proclamation), was...more
2/18/2025
/ Aluminum Sales ,
Executive Orders ,
Imports ,
International Trade ,
National Security ,
Presidential Proclamations ,
Section 232 ,
Steel Industry ,
Tariffs ,
Trade Policy ,
Trade Wars ,
Trump Administration ,
U.S. Commerce Department ,
United States-Mexico-Canada Agreement (USMCA)
On February 1, 2025, President Donald Trump signed executive orders imposing tariffs on almost all imports from Canada, Mexico and China. Tariffs on China became effective on February 4, 2025, while Canada and Mexico reached...more
2/7/2025
/ Canada ,
China ,
Executive Orders ,
Exports ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Mexico ,
National Security ,
Opioid ,
Popular ,
Retaliatory Tariffs ,
Supply Chain ,
Tariffs ,
Trump Administration
Key Points -
- President-elect Trump’s tariff threats have created considerable uncertainty for importers and U.S. businesses relying on imports.
- The incoming president could impose 25% tariffs on Canada and Mexico, and...more
1/15/2025
/ Canada ,
China ,
Donald Trump ,
Importers ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Mexico ,
National Security ,
Section 301 ,
Tariffs ,
Trade Expansion Act of 1962 ,
Trade Relations ,
Trump Administration
A number of jurisdictions globally are enhancing their supply chain-related regulations. The European Union’s latest regulation in this respect, the EU Forced Labour Regulation (FLR), was adopted on 19 November 2024. The FLR...more
12/12/2024
/ Anti-Corruption ,
Corporate Governance ,
Due Diligence ,
Enforcement Actions ,
Environmental Social & Governance (ESG) ,
EU ,
Forced Labor ,
Imports ,
Legislative Agendas ,
Modern Slavery Act ,
New Regulations ,
Popular ,
Regulatory Agenda ,
Supply Chain ,
Trade Bans ,
UK
On November 25, 2024, President-elect Donald Trump announced that, on his first day in office, he would impose new tariffs on all imports from Canada, Mexico and China.
Specifically, in posts on the social media platform...more
12/2/2024
/ Asia Pacific ,
Canada ,
China ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Mexico ,
National Security ,
Popular ,
Section 301 ,
Tariffs ,
Trade Relations ,
Trading with the Enemy Act ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
The Office of the U.S. Trade Representative (USTR) has opened a process whereby parties can request exclusions from Section 301 tariffs for imports of certain Chinese-origin machinery used in manufacturing. The launch of this...more
Key Points -
- In light of the vigorous enforcement of the Uyghur Forced Labor Prevention Act, boards in their oversight role should ensure that their companies conduct heightened diligence on their supply chains, including...more
2/13/2024
/ Canada ,
China ,
Corporate Counsel ,
Customs and Border Protection ,
Environmental Social & Governance (ESG) ,
EU ,
Forced Labor ,
Germany ,
Imports ,
NGOs ,
Popular ,
Reporting Requirements ,
Supply Chain ,
UK ,
US Trade Policies ,
Uyghur Forced Labor Prevention Act (UFLPA)
Over the past few weeks, the interagency Forced Labor Enforcement Task Force (FLETF) has signaled a shift in its strategy for enforcing the Uyghur Forced Labor Prevention Act (UFLPA). On July 26, 2023, the FLETF issued its...more
8/23/2023
/ China ,
Enforcement ,
Entity List ,
Forced Labor ,
Importers ,
Imports ,
International Trade ,
Popular ,
Supply Chain ,
Trade Restrictions ,
Uyghur Forced Labor Prevention Act (UFLPA)
On June 6, 2022, President Joe Biden issued a declaration of emergency (the Declaration) that paves the way for a 24-month moratorium on new duties on solar imports. The Declaration was a direct response to the turmoil in...more
6/15/2022
/ Anti-Dumping Duty ,
Biden Administration ,
Countervailing Duties ,
Defense Production Act ,
Electricity ,
Energy Projects ,
Energy Sector ,
Imports ,
Renewable Energy ,
Solar Energy ,
Solar Panels ,
State of Emergency ,
U.S. Commerce Department
On December 16, 2021, the U.S. Congress passed legislation that effectively prohibits imports of goods made either wholly or in part in the Xinjiang Uyghur Autonomous Region (Xinjiang) of China. The prohibition relies on a...more
12/23/2021
/ Biden Administration ,
China ,
Corporate Counsel ,
Customs and Border Protection ,
Economic Sanctions ,
Energy Sector ,
Forced Labor ,
Human Rights ,
Imports ,
Solar Energy ,
Supply Chain ,
Withhold Release Orders (WROs)
On October 4, 2021, U.S. Trade Representative Katherine Tai announced the restart of an exclusion process that could lead to the reinstatement of certain exemptions from tariffs imposed on Chinese imports under Section 301 of...more
10/13/2021
/ Biden Administration ,
China ,
Exclusions ,
Imports ,
Public Comment ,
Requests for Exclusion ,
Section 301 ,
Supply Chain ,
Tariffs ,
Trade Relations ,
US Trade Policies ,
USTR
On November 4, 2020, the U.S. Department of Commerce issued its preliminary determination that passenger vehicle and light truck tires from Vietnam benefited from a range of government subsidies, including subsidies based on...more
11/12/2020
/ Countervailing Duties ,
Currency Exchange ,
Exchange Rates ,
Foreign Exchanges ,
Imports ,
International Trade Commission (ITC) ,
Statutory Authority ,
Trade Act of 1974 ,
U.S. Commerce Department ,
USTR ,
Vietnam
On October 8, 2020, the Office of the U.S. Trade Representative (USTR) issued notices launching two investigations with respect to Vietnam. USTR initiated investigations into the acts, policies and practices of Vietnam...more
10/13/2020
/ Cambodia ,
China ,
Comment Period ,
Countervailing Duties ,
Currency Control ,
Government Investigations ,
Illegal Activity ,
Imports ,
Public Comment ,
Request For Information ,
Section 301 ,
Tariffs ,
Timber ,
USTR ,
Vietnam ,
Wildlife Protection