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President Trump Sends Letters Updating Tariffs; Extends “Reciprocal” Tariff Pause to Aug. 1

On July 7, President Trump began sending letters to select U.S. trading partners informing them of new “reciprocal” tariff rates that will be effective Aug. 1. These letters update the rates that the recipient country was...more

“Liberation Day”– Trump Announces Reciprocal Tariffs, Ends De Minimis Treatment for China

On April 2, President Donald Trump issued a series of executive orders (EOs) to impose reciprocal tariffs on select countries and revoke China’s eligibility for the de minimis exemption. The long-previewed actions fulfill a...more

Trump Administration Sets Foreign Investment Goals Under the "America First Investment Policy"

On Feb. 21, 2025, President Trump issued a National Security Presidential Memorandum (NSPM) introducing an “America First Investment Policy,” which sets the stage for a significant realignment of U.S. investment regulations....more

President Trump Issues Reciprocal Tariff Memorandum

On Feb. 13, President Donald Trump issued a memorandum directing the Secretary of Commerce and U.S. Trade Representative (USTR) to review all tariffs imposed on U.S. exports as well as other non-tariff trade barriers that...more

President Trump Issues America First Trade Policy Memorandum—Analysis and Section Summary

President Donald Trump issued an “American First Trade Policy Memorandum” as part of wide-ranging executive actions on Jan. 20, his first day in office. The memorandum calls for a series of reviews of U.S. trade policy and...more

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