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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... more +
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 -
Baker Botts L.L.P.

Trump Tariff Tracker -- July 23

Baker Botts L.L.P. on

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

Latham & Watkins LLP

Update: Navigating New Tariff and Import Trade Realities Under the Second Trump Administration - March 2025

Latham & Watkins LLP on

Update: On March 4, 2025, the Trump administration’s 25% tariffs on goods from Canada and Mexico, and additional 10% tariffs on goods imported from China, went into effect. China and Canada announced specific retaliatory...more

Skadden, Arps, Slate, Meagher & Flom LLP

Trump Revives and Expands the Battle Over Digital Services Taxes

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On February 21, 2025, President Donald Trump issued a presidential memorandum (the Memorandum) signaling that his administration intends to take action with respect to tax and regulatory measures affecting U.S. digital...more

Kilpatrick

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

Kilpatrick on

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

Pillsbury - Global Trade & Sanctions Law

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

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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

Alston & Bird

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

Alston & Bird on

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

Skadden, Arps, Slate, Meagher & Flom LLP

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

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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

Wiley Rein LLP

President Trump Announces “Fair and Reciprocal” Trade Plan

Wiley Rein LLP on

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

Clark Hill PLC

What Are Reciprocal Tariffs?

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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

Sheppard Mullin Richter & Hampton LLP

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

Sheppard Mullin Richter & Hampton LLP on

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

ArentFox Schiff

As the (Customs and Trade) World Turns: December 2024

ArentFox Schiff on

Welcome to the December 2024 issue of “As the (Customs and Trade) World Turns,” our monthly newsletter where we compile essential updates from the customs and trade world over the past month. We bring you the most recent and...more

Sheppard Mullin Richter & Hampton LLP

China Tariffs: USTR Requests Comments for Review of Section 301 Tariffs

Sheppard Mullin Richter & Hampton LLP on

The United States Trade Representative (USTR) has announced the next steps in its review of Lists 1 and 2 of the Trump-era tariffs on Chinese imports. Today, on October 17, 2022, USTR published the official request for...more

Sheppard Mullin Richter & Hampton LLP

USTR Suspends Tariffs on Certain French Luxury Goods: A Potential Shift in Trade Talks

Sheppard Mullin Richter & Hampton LLP on

Key Takeaways: • Threatened 25% tariffs on French luxury goods are suspended. • USTR is still looking at tariffs in retaliation for taxes on U.S. global tech companies. • Biden’s new USTR will face immense pressure to...more

Holland & Knight LLP

Trump Administration Issues New Retaliatory Measures Against EU – and Threatens More

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There have been several recent developments in trade disputes involving the Trump Administration and the European Union (EU), including an increase by the U.S. Trade Representative in tariffs on new Airbus aircraft and...more

King & Spalding

Brexit and the United States

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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

Sheppard Mullin Richter & Hampton LLP

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

Sheppard Mullin Richter & Hampton LLP on

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

ArentFox Schiff

Holiday Rush: Section 301 Tariff Developments Impact US Importers

ArentFox Schiff on

Section 301 of the Trade Act of 1974, 19 U.S.C. § 2411, authorizes the president to take retaliatory action if it is determined that a trade act, policy, or practice of a foreign government is unreasonable or discriminatory...more

Dorsey & Whitney LLP

International Trade Update: A Long Hot Summer of Trade Disturbances

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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

WilmerHale

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

WilmerHale on

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

White & Case LLP

President Trump Issues Proclamation Finding National Security Threat from Automotive Imports Under Section 232; Directs USTR to...

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On May 17, 2019, President Trump issued a Proclamation containing his determinations in the US investigation into the effects of imports of automobiles and automobile parts on the national security of the United States,...more

Jones Day

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

Jones Day on

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

King & Spalding

Trade & Manufacturing - April 2019

King & Spalding on

Brexit on the Brink: The United Kingdom’s Plan for Brexit Remains Uncertain as the European Union Agrees to Extend the Deadline for Brexit - On March 29, 2019, Parliament voted down, for a third time, Prime Minister...more

White & Case LLP

United States Releases Annual Assessment of Foreign Trade Barriers

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On March 29, 2019, the Office of the United States Trade Representative (USTR) published its annual National Trade Estimate (NTE) Report on Foreign Trade Barriers, which "highlights significant foreign barriers to U.S....more

Dorsey & Whitney LLP

USTR Proposes New Import Tariffs on European Aircraft, Beverages, Food Items and Many Other Products

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The Office of the U.S. Trade Representative (“USTR”) proposed on April 8 to impose additional tariffs on $11 billion of imported products, at 100% of the value of the goods, if they are made in any of the 28 member states of...more

Kelley Drye & Warren LLP

Trump Administration Proposes Tariffs on Imports of EU Products

Kelley Drye & Warren LLP on

In response to a long running dispute with the European Union (EU) over subsidies to Airbus, the U.S. Trade Representative (USTR) has proposed additional tariffs on certain products of the EU covering approximately $21...more

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