On May 11, 2025, the United States and China concluded their trade negotiations in Geneva, Switzerland. Both countries agreed to make certain “beneficial economic” commitments to deescalate the trade war, the most important...more
While the country- and region-specific tariffs went into effect as of midnight, a post on Truth Social by President Donald Trump indicates some immediate changes to tariffs on imports from China and country-specific...more
Since February, the Trump administration has announced and issued several sets of tariffs. As of last week, putting aside further reciprocal or retaliatory tariffs, it appears all expected tariffs have now been announced....more
4/8/2025
/ Auto Parts ,
Automotive Industry ,
Canada ,
China ,
Contract Terms ,
Customs and Border Protection ,
Imports ,
Mexico ,
Supply Chain ,
Tariffs ,
Trump Administration ,
US Trade Policies
On Wednesday, April 2, 2025, dubbed “Liberation Day,” President Donald Trump announced his much-anticipated reciprocal tariffs set to go into effect on Thursday, April 3, 2025, and the administration clarified some of the...more
4/4/2025
/ Canada ,
China ,
EU ,
International Trade ,
Japan ,
Mexico ,
Section 232 ,
Tariffs ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
While the tariffs against Canada and Mexico have been put on pause until March 1, 2025, the 10% tariff on all Chinese goods went into effect as planned. In response, the People’s Republic of China (PRC) announced a 10% tariff...more
2/11/2025
/ China ,
Compliance ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Executive Orders ,
Export Controls ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Risk Management ,
Section 301 ,
Supply Chain ,
Tariffs ,
Trump Administration
On Feb. 1, President Donald Trump signed orders implementing tariffs on Canada, Mexico and China, as promised. The tariffs are set to go into effect Feb. 4, meaning payments will start becoming due for imports as of 12:01...more
2/4/2025
/ Canada ,
China ,
Executive Orders ,
Imports ,
International Trade ,
Mexico ,
Suppliers ,
Supply Chain ,
Tariffs ,
Trade Agreements ,
Trade Policy ,
Trade Relations ,
Trump Administration ,
US Trade Policies
The business world is getting ready for promised tariffs expected as soon as Feb. 1 of this year. Which tariffs will be issued related to which products and countries is unclear at this point. There have been mentions of 25%...more
1/30/2025
/ China ,
EU ,
Exemptions ,
Imports ,
Risk Management ,
Suppliers ,
Supply Chain ,
Tariffs ,
Trade Relations ,
U.S. Treasury ,
United States-Mexico-Canada Agreement (USMCA)