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Recent Budget Developments: The Recissions Process And Upcoming Legislation

On May 29, 2025, President Trump sent a $9.4 billion rescissions request to Congress, which House Majority Leader introduced as H.R. 4. This package would cancel funding for the U.S. Agency for International Development, U.S....more

Federal Court Strikes Down Two Key Tariffs, Appeal Pending

On May 28, 2025, the U.S. Court of International Trade declared key tariffs implemented by the Trump administration under the International Emergency Economic Powers Act (IEEPA) unconstitutional. The ruling directly impacts...more

Trump Tariffs on Canada, Mexico, and China

On February 1, 2025, the Trump Administration imposed long-expected tariffs on imports from Canada, Mexico, and China through the issuance of three executive orders (“EOs”). While some recent reporting suggested that...more

Trump Administration Tariff Regime: Uncertainty and Expectations

As he enters his second week in office, President Donald Trump is forecasting a desire to implement a muscular trade policy leaning heavily on the imposition of tariffs—potentially on a global basis—as a means of extracting...more

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