The U.S. Trade Representative (USTR) is seeking comments on the Trump Administration's "Fair and Reciprocal Plan" to assist it in identifying any unfair trade or non-reciprocal foreign trade practices. The deadline for...more
President Donald Trump issued a memorandum on reciprocal trade and tariffs on Feb. 13, 2025, citing the economic and national security threat posed by the trade deficit, as outlined in the Jan. 20, 2025, America First Trade...more
On his first day in office, President Donald Trump issued a wide-ranging presidential memorandum directing the federal government to implement an “America First” trade policy. The January 20, 2025, memo was notable to many...more
President Trump has been clear that tariffs will be a policy cornerstone of his second administration. Whether being used as leverage to extract policy concessions or to address true bilateral trade imbalances, the threat of...more
The US Customs Agency, established in 1789 under the US Department of the Treasury, has undergone significant transformations throughout its history. Initially focused on revenue collection and trade regulation, the agency’s...more
President Donald Trump began an overhaul of U.S. Trade Policy just after being sworn into office on January 20, 2025. The administration issued a memorandum outlining the President’s “America First” trade policies....more
Early this week, President Trump unveiled his “America First Trade Policy.” The policy, issued as a memorandum to his incoming senior trade and national security officials, offers insights into the new administration’s...more
During his campaign, President Trump often stated that he would be implementing an “America First” international trade policy, which he said explicitly would include higher tariffs, potentially on imports from the entire...more
In its first day, the Trump Administration issued a package of new executive orders and policy memoranda that impact many sectors of the economy. Included in the package is a release titled the America First Trade Policy, in...more
This alert was originally published on January 21, 2025, and updated on January 22, 2025, to reflect President Trump’s comments that additional 10% tariffs may be imposed on China on February 1. On January 20, 2025,...more
A second Donald Trump presidency ushers in a moment in international trade without precedent…other than the first Trump presidency. It is often difficult to predict how a new administration will act, but in this case, the...more