In fewer than three months, the Trump administration has upended decades of US trade policy and practice in the wake of the administration’s America First Trade Policy articulated in the January 20, 2025, Presidential...more
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
On February 13, 2025, President Trump issued a Presidential Memorandum on “Reciprocal Trade and Tariffs” (the “Reciprocal Tariffs Memorandum”), introducing the “Fair and Reciprocal Plan” to determine “the equivalent of a...more
President Trump announced his Fair and Reciprocal Plan (the Plan) pursuant to his America First Trade Policy. While the Memorandum does not immediately create any new tariffs, it outlines the Trump administration's plan to...more
On February 21, 2025, President Trump issued his America First Investment Policy (the “Policy”) that has the potential to drastically alter cross border investments, particularly those involving the United States and the...more
Topics of Interest in Foreign Trade for 2025 - Just one month into the year, foreign trade has dominated international headlines, particularly in Mexico. This is largely due to statements and actions by United States...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
Howard Lutnick has been confirmed as Secretary of Commerce, while Jeffrey Kessler has been nominated for Under Secretary for Industry and Security. Both have more experience with trade policy and tariffs than with export...more
President Donald Trump made headlines when he announced an External Revenue Service (ERS) agency to collect tariff incomes. The announcement sparked a heated debate among trade experts, economists, and business leaders. But,...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
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