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President Trump Announces Significant Reciprocal Tariffs and Elimination of De Minimis Exemption

On April 2, 2025, President Donald Trump issued an executive order (the Reciprocal Tariffs Executive Order or Executive Order) imposing a 10% baseline reciprocal tariff on nearly all U.S. trading partners, effective April 5,...more

Fact Sheet: Trump March 4 Trade Actions on Canada, Mexico, China

On February 1, President Trump issued two Executive Orders (EOs) announcing the imposition of a 25% tariff on products of Canada (10% on energy products) and Mexico, effective February 4. On February 3, the President...more

Post-Election Trade Strategy for Businesses: Understanding the Landscape

President-elect Trump’s election victory has renewed the focus on international trade as a top-line concern for corporate executives. During the campaign, the president-elect expressed support for tariffs and other trade...more

COVID-19 United States Canada and Mexico Announce Temporary Border Closures

On March 18 and March 19, respectively, President Donald Trump announced temporary closure of the U.S.-Canada and U.S.-Mexico borders to nonessential traffic as part of the effort to contain Coronavirus Disease 2019...more

WTO Panel Issues Mixed Decision in Softwood Lumber Dispute; Upholds US “Zeroing” Methodology

On April 9, 2019, a World Trade Organization (WTO) dispute settlement panel issued its ruling in the most recent installment of the long-running US–Canada softwood lumber dispute. The panel’s decision is notable for its...more

U.S., Mexico, Canada Agree to Update NAFTA

After more than a year of sometimes contentious negotiations, the United States, Mexico, and Canada (the “Parties”) reached an agreement late Sunday night to revise the North American Free Trade Agreement (“NAFTA”)—renaming...more

What to Expect From a Trump Administration Trade Policy: Revisiting NAFTA

In a recent alert, we discussed several steps that President-elect Trump may take to shake up US trade policy. In this alert, we discuss one of his priority initiatives: the pledge to renegotiate, or withdraw from, the North...more

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