The Trump Administration's renewed focus on tariffs has created novel and interrelated issues for businesses' tax and trade functions. Businesses are now faced with a changing landscape and are exploring strategies to...more
On May 12, 2025, the United States and China issued a joint statement in Geneva outlining an agreement to de-escalate from the latest rounds of tariff increases. The arrangement reduces tariffs back to the levels of the...more
5/15/2025
/ China ,
Executive Orders ,
Exports ,
Imports ,
International Trade ,
Popular ,
Retaliatory Tariffs ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies
On April 2, 2025, President Trump issued the long-anticipated “reciprocal tariff” order, imposing tariffs on most US trade partners. The tariff includes two components: (i) a 10% “baseline” rate on most trade partners,...more
4/7/2025
/ Canada ,
China ,
Executive Orders ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Mexico ,
Popular ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies
E-commerce platforms and others could face significant challenges due to recent and proposed changes to de minimis entry (the process for importing products without tariffs and with simplified customs procedures if the total...more