News & Analysis as of July 24, 2025

Trade Relations

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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 -

U.S. Introduces "Fair and Reciprocal Plan," Marking a Significant and Impactful Shift in Trade Policy

Kilpatrick on 2/19/2025

On February 13, 2025, President Trump announced the “Fair and Reciprocal Plan” (“Plan”), a major shift in U.S. trade policy designed “to counter non-reciprocal trading arrangements with trading partners by determining [and...more

Trump Administration Announces Sweeping Tariffs Under “Fair and Reciprocal Plan”

Pillsbury - Global Trade & Sanctions Law on 2/18/2025

Following days of speculation, President Donald Trump announced on February 13, 2025, a new tariff policy outlined in a Presidential Memorandum entitled the “Fair and Reciprocal Plan” (Plan). The Memorandum directs key trade...more

Trump Announces “Fair and Reciprocal Plan,” Falls Short of Enacting any Reciprocal Tariffs in the Short Term

Alston & Bird on 2/17/2025

On February 13, 2025, President Trump announced his plan, referred to as the “Fair and Reciprocal Plan,” to enact reciprocal tariffs on every country that charges duties on U.S. imports. The official memorandum did not name...more

Reciprocal Tariffs: Presidential Memorandum Orders Investigations but No Immediate Action or Duties

Skadden, Arps, Slate, Meagher & Flom LLP on 2/17/2025

On February 13, 2025, President Donald Trump signed a presidential memorandum (the Memorandum) ordering the Office of the U.S. Trade Representative (USTR) and the Department of Commerce to initiate investigations of “harmful”...more

President Trump Announces “Fair and Reciprocal” Trade Plan

Wiley Rein LLP on 2/14/2025

On February 13, 2025, President Trump signed a Presidential memorandum announcing the “Fair and Reciprocal Plan” for implementing reciprocal tariffs on countries that impose import duties on goods from the United States. The...more

What Are Reciprocal Tariffs?

Clark Hill PLC on 2/10/2025

President Trump plans to announce reciprocal tariffs on many countries. So, what is a reciprocal tariff? First, let’s examine tariffs in general. A tariff is a tax imposed by one country on imports of goods or merchandise...more

The Impact of Trump’s Tariffs on the Wine Industry: Past and Future

Sheppard Mullin Richter & Hampton LLP on 1/13/2025

The wine industry faced significant challenges due to tariffs imposed by President Trump’s first administration. During the presidential campaign, and since his election on November 5, 2024, President Trump has made it clear...more

Biden Administration Announces Tariff Trifecta

Holland & Knight LLP on 3/10/2021

In three actions taken last week, the Biden Administration eased the tariff burden carried by numerous industries, including aviation, food, beverage and travel goods, and previewed the administration's approach to engagement...more

US “China Tariffs” - What to Expect from a Biden Administration

ArentFox Schiff on 1/5/2021

Since trade policy almost always involves the application of tariffs, we begin with “China Tariffs – What to Expect from the Biden Administration,” an issue top of mind for many executives who have business interests in China...more

EU Lifts Tariffs On U.S. Lobsters; U.S. Agrees To Limited Rollback On Certain Products

Husch Blackwell LLP on 8/25/2020

On August 21, 2020, the United States Trade Representative Robert Lighthizer and European Union (EU) Commissioner Phil Hogan issued a joint statement, announcing that both parties would reduce tariffs on certain goods....more

Will Your Business Be Impacted by Massive Tariffs? What Can You Do About It?

Nossaman LLP on 7/14/2020

On Friday, June 26, the United States Trade Representative (USTR) issued a new list of products from European countries that it is considering subjecting to massive import duties – as much as 100% ad valorem....more

Trade (Un)Certainty in 2020: U.S. Tariff Policy Toward China and the EU

Snell & Wilmer on 2/25/2020

As 2020 begins, U.S. tariff policy toward China and the European Union (EU) is moving in different directions, with significant implications for U.S. companies. Beginning with China, the U.S. has gradually implemented tariffs...more

U.S. increases tariffs on European aircraft: EU response a litmus test for transatlantic trade relations

Kelley Drye & Warren LLP on 2/20/2020

Last Friday the United States Trade Representative (USTR) ramped up its tariffs on European aircraft, increasing the duty from 10% to 15%, effective March 18. It also announced it would make minor modifications to 25%...more

Brexit and the United States

King & Spalding on 2/11/2020

In 2018, the United States was the UK’s largest single trading partner, with exports and imports worth £190.5 billion (roughly $247 billion) – a figure equal to 14.7 percent of the UK’s total trade. Thus, businesses active in...more

Potential Impact of U.S.-France Trade Tension on U.S. Imports of French Products and Luxury Goods

Sheppard Mullin Richter & Hampton LLP on 2/7/2020

On December 2, 2019, the U.S. Trade Representative (USTR) announced that in response to a digital services tax law passed in France, it would be retaliating with stringent tariffs on luxury products coming from France. The...more

U.S. to Review and Consider Additional Section 301 Tariffs Targeting the EU Over Trade Dispute

Jones Day on 12/16/2019

The Situation: The U.S. government is revisiting whether to maintain or impose up to 100% additional tariffs on certain goods originating in the European Union following the World Trade Organization's ("WTO") recent findings...more

The World Trade Organization Authorizes the United States to Impose Retaliatory Duties on the European Union in Airbus Dispute

King & Spalding on 10/17/2019

For 15 years, the United States and the European Union have been involved in disputes before the World Trade Organization (“WTO) concerning subsidies on commercial aircraft. The disputes have resulted in findings by WTO...more

World Trade Organization Approves U.S. Tariffs on European Union Goods to Counteract Civil Aviation Subsidies

Faegre Drinker Biddle & Reath LLP on 10/4/2019

The World Trade Organization (WTO) has approved U.S. duties on $7.5 billion in products from the European Union (EU) after ruling that the EU had unfairly subsidized the production of large civil aircraft, such as those...more

International Trade Update: A Long Hot Summer of Trade Disturbances

Dorsey & Whitney LLP on 7/26/2019

The Administration has been fully occupied this summer in its ongoing disputes with America’s major trading partners. The U.S. Government is at least nominally resuming high level trade negotiations with China after months...more

USTR Launches Section 301 Probe of France's Digital Services Tax

WilmerHale on 7/12/2019

The Office of the U.S. Trade Representative (“USTR”) announced on July 10 the initiation of an investigation under Section 301 of the Trade Act of 1974 into France’s digital services tax (“DST”). The French Senate...more

USTR Considering Additional $4 Billion in European Products for Special Duties

Akin Gump Strauss Hauer & Feld LLP on 7/5/2019

• The USTR will consider a second list of products, totaling $4 billion in imports, to include in its proposed duties of up to 100 percent ad valorem on EU imports. • The additional list covers 89 separate 8-digit HTSUS...more

US Considering New Tariffs on EU Imports, Estimated Trade Value of $4 Billion – USTR Seeking Comment

Kelley Drye & Warren LLP on 7/3/2019

Last April, the United States Trade Representative (“USTR”) initiated an investigation to enforce U.S. rights stemming from a World Trade Organization (“WTO”) ruling concerning the European Union’s (“EU”) provision of illegal...more

USTR Proposes New Tariffs On EU Products Under Section 301

Husch Blackwell LLP on 7/3/2019

The Office of the U.S. Trade Representative (USTR) announced on July 1, 2019 a proposed list of tariffs on approximately $4 billion worth of products from the European Union (EU). This is a supplemental list to the April 12,...more

U.S. and EU Propose Steep Tariffs In Connection with Long-Running Parallel Disputes Over Disputed Subsidies to Airbus and Boeing

Pillsbury - Global Trade & Sanctions Law on 4/30/2019

On April 8, 2019, the United States Trade Representative (USTR) proposed imposing tariffs on $11.2 billion worth of products from the European Union (EU). ...more

Turbulence Across the Pond: United States and EU Trade Tariff Threats Over Subsidies

Jones Day on 4/24/2019

The Situation: The U.S. government proposed a preliminary list of European goods potentially subject to additional tariffs under Section 301 of the Trade Act of 1974 ("Section 301"). Also, the European Union ("EU") proposed a...more

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