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From calm to chaos - What tariffs and other trade restrictions mean for your supply chain contracts

The looming expiration of the “Liberation Day” tariff suspension on August 1, 2025 marks a watershed for global trade and supply chain management. The U.S. administration’s imposition of sweeping tariffs first announced on...more

A new era of global trade tensions

On April 2, 2025, after weeks of speculation and heightened geopolitical tension, President Trump announced sweeping global tariffs on what he dubbed “Liberation Day”. The tariffs included a baseline universal tariff of 10%...more

Trump’s reciprocal tariff program

On April 2, 2025, President Trump issued an Executive Order “Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits” (the...more

U.S. tariffs in the pharmaceutical sector

Since taking office in January 2025, the Trump Administration has announced, imposed, or reimposed various tariff-related restrictions on articles imported into the United States. These proposed tariffs and their...more

Trump’s steel and aluminum tariffs

On February 10 and 11, 2025, President Trump issued two proclamations pursuant to Section 232 of the Trade Expansion Act of 1962 (Section 232) announcing the imposition and/or reimposition of certain tariffs on imported steel...more

Trump administration's tariffs targeting China, Canada and Mexico

On February 1, 2025, President Trump issued three Executive Orders (EOs) announcing tariffs on China (the China EO) Canada (the Canada EO), and Mexico (the Mexico EO), respectively, pursuant to the International Economic...more

How will the Trump administration impact M&A?

M&A practitioners anticipate a ‘Trump bump’ - The scale of Donald Trump’s victory in the presidential election – and the fact the Republicans now have full control of Congress – has been greeted with optimism by U.S....more

U.S. tariff risks and risk mitigation

The incoming second Trump administration has threatened to impose wide-ranging and potentially substantial tariffs on products and materials entering the United States. Companies that import goods into the U.S. or that are...more

Expect Higher Tariffs on Some U.S. Imports of Solar Cells and Modules From Southeast Asia by Mid-2024

On August 18, 2023, the U.S. Department of Commerce (Commerce) issued final determinations in its circumvention inquiries regarding the import of certain solar cells and modules from Cambodia, Malaysia, Thailand and Vietnam...more

Biden Administration announces 24-month duty exemption for solar imports from Cambodia, Malaysia, Thailand, and Vietnam

On June 6, the Biden Administration announced a two-year duty exemption for solar products from Cambodia, Malaysia, Thailand, and Vietnam (together, CMTV), as well as authorization for the use of the Defense Production Act to...more

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