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New presidential proclamation doubles tariffs on steel and aluminum imports

On June 3, President Trump issued a proclamation doubling tariffs on imports of steel and aluminum articles and derivative steel and aluminum articles from 25% to 50%, effective at 12:01 a.m. EDT on June 4. This action, taken...more

Trade Court invalidates global reciprocal tariffs and trafficking tariffs, shaping negotiation dynamics

On May 28, a U.S. federal trade court issued a decision with a monumental impact on global economies. In a landmark decision, the U.S. Court of International Trade (“CIT”) decisively struck down the Worldwide and...more

Death of foreign trade zones?

Overview Recent executive orders (EOs) by the Trump administration have introduced changes that may significantly impact businesses utilizing foreign trade zones (FTZs). These changes relate to the imposition of reciprocal...more

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