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Tariffs Day is Here … For Now

As of midnight, a sweeping set of new tariffs is in effect. Many are country-specific or based on foreign policies targeting specific products from specific countries. Some of the tariffs going into effect are based on...more

Tariff Changes — Automotive Offsets and Tariff Stacking

Through an executive order and a proclamation, both issued on April 29, 2025, President Donald Trump revised the application of previously announced tariffs, including those impacting automobiles and automobile parts. In his...more

Steel and Aluminum Tariffs Go into Effect Wednesday

We have been expecting tariffs on Canadian steel and aluminum imports to go into effect on Wednesday, March 12, 2025. Both steel and aluminum will be subject to 25% tariffs across the board. Unlike the tariffs that were...more

This Is Not A Drill: 30-Day Canada and Mexico Tariff Pause Expiring

On Feb. 1, 2025, President Donald Trump announced far-reaching 25% tariffs on goods from the United States’ closest neighbors, Canada and Mexico. The broad tariffs were originally set to go into effect on Feb. 4, 2025, but...more

Steel and Aluminum Tariffs Are Set to Increase, Without Exemption

During President Donald Trump’s first term in 2018, he instituted tariffs on steel and aluminum at rates of 8 and 10% pursuant to Section 232 of the Trade Expansion Act of 1962 (Section 232), with certain country-specific and...more

Outcomes Not to be Overlooked during the Changing International Trade Landscape

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

Strategies for Dealing with Buyers’ Demands for Longer or Delayed Payment Terms

Increasingly, buyers are turning to a new tactic to stem the tide of rising costs: Upstream buyers are demanding longer payment terms. The demands often come from the top (i.e., OEMs and Tier 1s) down and take many forms....more

UAW Contract Negotiations: What Suppliers Should Do to Prepare for Looming Labor Strikes

Given recent headlines surrounding contentious UAW contract negotiations, it is increasingly likely that a labor strike against one or more of the Big Three automakers is not a question of if such strikes will occur, but when...more

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