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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

Three Tips for Investors in Mexico's Energy Sector Regarding Potential USMCA Claims

On March 10, Mexico’s amended Electricity Industry Law entered into force, introducing preferences for the Mexican state-owned utility, Comisión Federal de Electricidad (CFE), with respect to the supply of electricity to the...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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