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Multiple Trade Deals Reached as August 1 Deadline Nears

Key Takeaways - As the August 1 deadline approaches, the U.S. has reached trade deals with several countries that lower U.S. tariff rates in exchange for increased market access and investments benefiting U.S. industries....more

New 40% Tariffs on Imports from Brazil into the U.S.

Key Takeaways - New 40% Tariff on Brazilian Imports: Starting August 6, 2025, the U.S. will impose a 40% tariff on certain products from Brazil, in addition to existing duties....more

Deadline for New Country-Specific Reciprocal Tariff Rates Delayed to August 1, With Some Rate Increases Scheduled

Key Takeaways - Tariff Deadline Extended to August 1: President Trump postponed the implementation of country-specific reciprocal tariffs from July 9 to August 1, giving countries additional time to negotiate deals with the...more

United States and China Announce Temporary 115 Percent Reduction in Tariffs While Trade Discussions Continue

After negotiations over the weekend in Geneva, Switzerland, the United States and China reached a new trade deal on Monday, May 12, 2025, to temporarily slash tariffs on each country’s goods by 115 percent for the next 90...more

New Section 232 Trade Investigations on Pharmaceutical and Semiconductor Imports Could Lead to Tariffs Mid-Year

On April 1, 2025, the Secretary of Commerce initiated, pursuant to President Trump’s directive, two new investigations under Section 232 of the Trade Expansion Act of 1962 (Section 232), one on imports of pharmaceuticals and...more

Increased Duties on Chinese Imports and Guidance Regarding New Tariffs on Canada and Mexico

Effective last Tuesday, most U.S. imports from China are now subject to 20% emergency tariffs and imports from Canada and Mexico are subject to 25% emergency tariffs, in addition to any other applicable import duties. These...more

Another New Section 232 Investigation on Imports of Timber, Lumber and Derivative Products

On March 1, 2025, President Trump signed an executive order directing the Secretary of Commerce (Secretary) to initiate an investigation under Section 232 of the Trade Expansion Act of 1962 (Section 232) to determine whether...more

Increased Tariffs on Imports from Canada, Mexico and China Took Effect March 4

Absent further action from President Trump yesterday, new tariffs of up to 25% on U.S. imports of goods originating in Canada and Mexico went into effect at 12:01 am ET March 4, 2025. Trump has also announced a 10% increase...more

New Section 232 Investigation on Imports of Copper, Scrap Copper and Derivative Products

On February 25, 2025, President Trump signed an executive order directing the Secretary of Commerce (Secretary) to initiate an investigation under Section 232 of the Trade Expansion Act of 1962 (Section 232) to determine...more

Reciprocal Tariffs to be Investigated, Potentially Imposed Later in 2025

Thursday, President Trump issued a memorandum introducing the President’s “Fair and Reciprocal Plan” to investigate and take actions to correct “longstanding imbalances in international trade.”...more

Expanded Section 232 Tariffs on U.S. Imports of Steel and Aluminum Articles

On February 10, 2025, President Trump signed proclamations expanding the existing 25% tariffs on steel articles and increasing the tariffs on aluminum imports from 10% to 25% under Section 232 of the Trade Expansion Act of...more

New Tariffs on U.S. Imports from Canada, Mexico and China

UPDATE (as of Feb. 3, 2025, at 5:00 PM ET): President Trump announced on TruthSocial an agreement with Prime Minister Justin Trudeau of Canada to “pause[] for a 30 day period” the announced tariffs while the U.S. government...more

USTR Requests Comments on Section 301 Tariff Increases in Strategic Sectors

A long-awaited statutory review of tariffs imposed on imports of Chinese goods under Section 301 of the Trade Act of 1974 resulted in the Biden Administration increasing tariffs on EVs, semiconductors, solar products, steel...more

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