President Trump continues to issue letters to countries notifying them of the tariff rates they will be subject to come August 1. For the United States’ most important trading partners, Canada, Mexico and the EU, this means...more
Uncertainty around the reciprocal tariffs continues to abound as President Trump has extended the deadline for the imposition of the country-specific reciprocal tariffs while at the same time notifying certain countries of...more
The news of trade negotiations – those that have succeeded and those that are faltering – continues to come in as we are a week away from the country-specific reciprocal tariffs coming into effect. Today, President Trump...more
7/3/2025
/ Canada ,
China ,
EU ,
International Trade ,
Mexico ,
Section 232 ,
Tariffs ,
Trade Agreements ,
Trade Relations ,
Trump Administration ,
UK ,
US Trade Policies
We are two weeks away from the country-specific reciprocal tariffs coming into effect, and the Trump Administration is still continuing to engage in trade talks with around 20 countries. With these negotiations ongoing, it is...more
With less than a month until the reciprocal tariffs are scheduled to snap into effect, foreign governments continue to pursue negotiations with the Trump Administration around individual country tariff rates. On Monday, June...more
President Trump said today that his administration reached a tentative agreement on a trade truce with China following talks between the two sides in London. According to the President, the tentative agreement will result in...more
Almost as soon as they were vacated by the Court of International Trade (“CIT”), President Trump's reciprocal tariffs and trafficking-related tariffs on China, Canada and Mexico, all of which were issued under the...more
In a stunning turn of events for the Trump Administration’s trade policy, today, May 28, the Court of International Trade vacated President Trump's reciprocal tariffs and trafficking-related tariffs on China, Canada and...more
On May 23, 2025, the Treasury Department’s Office of Foreign Assets Control (“OFAC”) issued Syria General License 25 (“GL 25”), effectively lifting U.S. sanctions on Syria. This move follows President Trump’s announcement on...more
6/2/2025
/ Economic Sanctions ,
Executive Orders ,
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Government Agencies ,
International Trade ,
Iran ,
New Regulations ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Syria ,
Trump Administration ,
U.S. Treasury
In the last week, the winds of change have calmed a bit on what has been a tumultuous sea of tariffs over the last four months. The Trump Administration has announced no new tariff measures, and no new investigations of...more
After announcing and then pausing the implementation of wide-ranging reciprocal tariffs last month, the Trump Administration has recently taken notable steps aimed at recalibrating and improving U.S. trading relationships....more
Bilateral negotiations around the Trump Administration’s tariffs have begun to bear fruit as we see tariff relief for China and the U.K. The U.S. and China have agreed to roll back most of the tariffs that each country has...more
This past Saturday, the last piece of the automobile tariffs came into force when those 25 percent tariffs became effective on imported automobile parts (including engines and engine parts, transmissions and powertrain parts,...more
We have passed the 100-day mark in the second Trump Administration and tariffs remain the talk of the town, with President Trump taking more trade-related actions in this time than any other president in modern history. As...more
5/1/2025
/ Canada ,
China ,
Corporate Counsel ,
Executive Orders ,
Imports ,
International Trade ,
Mexico ,
Section 232 ,
Tariffs ,
Trump Administration ,
US Trade Policies
With the reciprocal tariffs in place, the Trump Administration is showing no signs of slowing down in its use of tariffs to push President Trump’s trade agenda. On April 16, the Commerce Department announced that on April 1...more
After a whirlwind of a week in U.S. trade policy, the dust has finally settled and we can see where we have landed with the reciprocal and other tariffs imposed by the Trump Administration. Following the initial threat of...more
On April 2, 2025, as part of a “Liberation Day” ceremony in the White House Rose Garden, U.S. President Donald Trump signed an executive order imposing wide-ranging tariffs on imports from virtually every country in the world...more
4/7/2025
/ Canada ,
China ,
Executive Orders ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Mexico ,
Popular ,
Tariffs ,
Trump Administration ,
US Trade Policies
Dubbing it America’s “Declaration of Economic Independence,” President Trump signed an Executive Order implementing discounted reciprocal tariffs ranging from 10 percent, globally, to up to 49 percent for specific trading...more
Getting an early start on the impending tariff increases on April 2, President Trump has announced new 25 percent tariffs on automobiles and certain automobile parts. These tariffs are an extension of a Section 232...more
No new tariffs have been implemented this week. But, President Trump has publicly committed to rolling out reciprocal tariffs, as well as tariffs on automobiles, on April 2. While only limited details have been released as to...more
Today, President Trump’s adjustments to the existing Section 232 steel and aluminum tariffs come into effect. These adjustments impose a 25% ad valorem duty on imports of steel articles and derivative products with no...more
On February 10, 2025, the President of the United States of America issued two proclamations under Section 232 of the Trade Expansion Act of 1962 (19 U.S.C. §1862) (“Section 232”): (i) “Proclamation 10895”, “Adjusting Imports...more
Today’s implementation of the tariffs on imports from Canada and Mexico is one more piece in the Trump Administration’s aggressively expanding trade policy. Over the last 43 days, what started out as a sprinkling of campaign...more
Today, March 4, 2025, the previously announced tariffs on goods from Canada and Mexico are officially effective. As noted in our previous update, U.S. President Donald Trump announced significant additional tariffs on imports...more
In another step to deprive a sanctioned country of revenues from petroleum sales, the U.S. government recently sanctioned more than 30 entities and vessels located around the world for their role in brokering the sale and...more