News & Analysis as of August 4, 2025

US Trade Policies

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The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -

The US and EU Reach A Trade Deal—EU Goods Subject to 15% Tariff

Husch Blackwell LLP on 7/29/2025

On July 27, 2025, President Trump announced that the U.S. and European Union (“EU”) have reached a trade deal. Pursuant to the Fact Sheet released by the White House on July 28th, the U.S. will impose a 15% tariff on all EU...more

New Trade Deals with Japan, Indonesia, and the European Union Announced

Kelley Drye & Warren LLP on 7/29/2025

In the last week, the Trump Administration announced new trade deals with Japan, Indonesia, and the European Union. The White House has now published fact sheets for all three trade deals, outlining the basic structure of the...more

Trump Tariff Tracker -- July 23

Baker Botts L.L.P. on 7/24/2025

We are one week away from the re-imposition of the country specific reciprocal tariffs and U.S. trading partners continue to jockey for trade deals with the U.S. government. The latest victor in this race is Japan. The Trump...more

Trump Tariff Tracker -- July 16

Baker Botts L.L.P. on 7/17/2025

President Trump continues to issue letters to countries notifying them of the tariff rates they will be subject to come August 1. For the United States’ most important trading partners, Canada, Mexico and the EU, this means...more

Potential New Tariff Rates for Canada, Mexico, the EU and Copper Products

Warner Norcross + Judd on 7/15/2025

Last week, the Trump administration sent letters to some of the country’s largest trading partners threatening to impose new tariff rates unless agreements were reached before Aug. 1. While the rates for each country vary,...more

Trump Tariff Tracker -- July 2

Baker Botts L.L.P. on 7/3/2025

The news of trade negotiations – those that have succeeded and those that are faltering – continues to come in as we are a week away from the country-specific reciprocal tariffs coming into effect. Today, President Trump...more

Trump Tariff Tracker -- June 25

Baker Botts L.L.P. on 6/30/2025

We are two weeks away from the country-specific reciprocal tariffs coming into effect, and the Trump Administration is still continuing to engage in trade talks with around 20 countries. With these negotiations ongoing, it is...more

U.S. Signs Trade Deal with U.K. on Autos, Aerospace, but Overall Picture on Future of Reciprocal Tariffs Remains Murky

Alston & Bird on 6/19/2025

On Monday, June 16, while at the G7 Summit in Alberta, Canada, President Trump signed an agreement with the U.K. to lower tariffs on certain British imports including automobiles and aerospace products. The agreement,...more

How Owners and Developers Can Mitigate Tariff Risks on Construction Materials and Equipment

Venable LLP on 6/17/2025

The Trump administration's imposition of tariffs on steel, aluminum, lumber, and other construction materials, in combination with increased tariffs on raw materials and finished goods from China, Japan, the EU, and...more

The BR International Trade Report: June 2025

Blank Rome LLP on 6/13/2025

Welcome to this month’s issue of The BR International Trade Report, Blank Rome’s monthly digital newsletter highlighting international trade, cross-border investment, and geopolitical risk issues impacting businesses...more

Industrials Regulatory News and Trends - June 2025

DLA Piper on 6/3/2025

On May 23, President Donald Trump announced that he was recommending a new “straight 50% tariff” on all goods from the European Union beginning June 1. Treasury Secretary Scott Bessent said he hoped this decision would “light...more

President Trump Threatens Tariffs on Apple and the EU

Alston & Bird on 5/27/2025

On Friday, President Trump threatened to impose a tariff of 25 percent or more on iPhones made outside the United States. The threat may foreshadow the outcome of the ongoing Section 232 investigation on semiconductors....more

Navigating Political Waves and Policy Shifts - European Health & Life Sciences Symposium 2025

McDermott Will & Emery on 5/27/2025

In April, McDermott gathered more than 100 health and life sciences innovators, investors, business leaders and advisers in Paris for our annual European Health & Life Sciences symposium. With such an esteemed crowd available...more

U.S. Tariffs on the UK and EU: Europe strikes back?

Hogan Lovells on 4/17/2025

The UK and the EU have begun formulating their responses to the tariffs imposed by the U.S. While the UK is still assessing its options and consulting with British businesses, the EU has already moved forward with plans to...more

Trade Action Update: Reciprocal Tariffs Paused for 90 Days; Ten Percent Tariff on All Countries Remains in Effect; China Tariffs...

Baker Donelson on 4/15/2025

The increased, country-specific tariffs imposed under President Trump's Reciprocal Tariff Executive Order (EO) went into effect on April 9, 2025, but were paused for 90 days shortly thereafter. A ten percent tariff now...more