On April 2, 2025, President Donald Trump signed an Executive Order designed to address the threat posed to the United States by trade deficits....more
On 19 March 2025, the European Commission ("Commission") unveiled its European Steel and Metals Action Plan ("Steel and Metals Plan"), outlining the short and medium-term work program aimed at enhancing the competitiveness of...more
The European Union (EU) had said repeatedly that it will retaliate in case of U.S. tariffs, which the EU sees as unjustified. The EU preferred (and attempted) a negotiated solution but moved swiftly to retaliation once the...more
We continue to follow the U.S.-Canada trade dispute and will update this post as required. The most recent series of events began with the White House’s March 2, 2025 announcement that, effective 12:01 a.m. EST on...more
The 25 percent tariff increase the United States imposed on imports of iron and steel, aluminum products and their derivatives from all countries is effective March 12, 2025, according to the Cargo Systems Messaging Service...more
This article is an update to the March 2025 article “U.S. Imposes 25% Duty on Imports from Mexico and Canada Effective March 4, 2025.” Within 48 hours of announcing 25% tariffs on imports of Mexico and most imports of Canada...more
The 2025 steel and aluminum tariffs are already reshaping cost structures in the construction sector, adding financial pressures to an industry that had hoped for more stability this year. On March 4, 2025, the U.S. imposed a...more
During the 2024 presidential campaign, Donald Trump repeatedly promised to impose tariffs on imports from Canada, Mexico, and China. This was widely viewed as a negotiating tactic, especially concerning Canada and Mexico, the...more
On March 3, 2025, the Department of Commerce (Commerce) released advanced Federal Register notices providing modifications to the Harmonized Tariff Schedule of the United States (HTSUS) in order to implement the steel and...more
President Donald Trump has issued a series of proclamations imposing duties on imports of steel and aluminum products. The first proclamation, “Adjusting Imports of Steel Into the United States” (Steel Proclamation), was...more
On February 10 and 11, 2025, President Donald Trump issued two presidential proclamations—Adjusting Imports of Steel into The United States and Adjusting Imports of Aluminum into The United States—that fully reinstated and...more
On Sunday, February 9, 2024, President Trump announced to a group of reporters aboard Air Force One that he intended to impose universal tariffs of 25 percent on all imports of steel and aluminum into the United States on...more