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United States and China Agree to Partially De-escalate April Tariffs

On May 12, 2025, the United States and China issued a joint statement in Geneva outlining an agreement to de-escalate from the latest rounds of tariff increases. The arrangement reduces tariffs back to the levels of the...more

President Trump Orders 10% Global Tariff and Higher “Reciprocal” Tariffs

On April 2, 2025, President Trump issued the long-anticipated “reciprocal tariff” order, imposing tariffs on most US trade partners. The tariff includes two components: (i) a 10% “baseline” rate on most trade partners,...more

President Trump Orders 25% Global Tariff on Automotive Imports

On March 26, 2025, President Trump signed a presidential proclamation imposing an additional 25% tariff on all imports of passenger vehicles, light trucks, and certain automotive parts. The tariffs on finished vehicles will...more

China Retaliates with Tariffs and Non-Tariff Measures in Response to Trump's Additional Tariffs

On March 4, 2025, China announced it would impose additional tariffs on certain US agricultural imports from March 10, 2025, in retaliation to President Trump's March 3 executive order issued under the International Emergency...more

US Tariffs on Canada and Mexico Enter into Effect; Tariff on China Rises from 10% to 20%

On March 3, 2025, the Trump administration made clear its intention to move forward with implementing tariffs on Canada and Mexico on March 4. The tariffs are an additional 25% on all imports from Canada and Mexico (except...more

President Trump Expands Steel and Aluminum Tariffs to All Countries; Effective March 12, 2025

On February 10, 2025, President Trump issued two proclamations - Adjusting Imports of Aluminum into the United States and Adjusting Imports of Steel into the United States - modifying the steel and aluminum tariffs that he...more

China Imposes Retaliatory Tariffs and Non-Tariff Measures in Response to Trump Tariffs

On February 4, 2025, China announced it would impose additional tariffs on certain US imports from February 10, 2025 in retaliation to President Trump's executive order issued under the International Emergency Economic Powers...more

President Trump Imposes 25% Tariffs on Canada and Mexico, and 10% Tariffs on China

On February 1, 2025, President Trump issued three executive orders directing the United States to impose new tariffs on imports from Canada, Mexico, and China, to take effect on February 4, 2025. The tariffs are an...more

President Trump Declares National Emergency, Considers Import Restrictions to Address Reliance on Critical Minerals from "Foreign...

On September 30, 2020, President Trump issued an Executive Order (the "2020 Order") declaring a national emergency, pursuant to the National Emergencies Act (NEA, 50 U.S.C. § 1601 et seq.), with respect to the United States'...more

Successful RCEP Conclusion in Sight despite India's Concerns

Fifteen of the 16 members of the Regional Comprehensive Economic Partnership (RCEP) announced on November 4 the conclusion of negotiations on the text of the mega-regional trade agreement. Only India withheld agreement during...more

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