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Mayer Brown

The White House Announces Sweeping “Reciprocal Tariffs”

Mayer Brown on

On April 2, 2025, President Donald Trump signed an Executive Order designed to address the threat posed to the United States by trade deficits....more

Troutman Pepper Locke

Unpacking the New Reciprocal Tariffs Reshaping US Trade Policies

Troutman Pepper Locke on

On April 2, President Trump declared “Liberation Day” and unveiled a series of sweeping tariff measures aimed at addressing trade imbalances and foreign trade practices while boosting domestic manufacturing. Marking the...more

Troutman Pepper Locke

Unprecedented "Secondary Tariffs" for Oil Trade With Venezuela

Troutman Pepper Locke on

On April 2 — labeled “Liberation Day” by President Trump — the Trump administration is set to add a new sanctions-like boost to its tariff strategy, with a threat to impose unprecedented “secondary tariffs” of 25% on “all...more

Kelley Drye & Warren LLP

Tariffs and Trade Actions: Summing Up the Last Few Days

The tariff news of the last day has been coming at full speed. Whether a small manufacturer or part of a multinational group company; a firm that manages cross-border supply chains on a daily basis or one that rarely thought...more

Quarles & Brady LLP

New Tariffs Mean New Targets of the False Claims Act

Quarles & Brady LLP on

The value of goods imported to the United States in Fiscal Year 2024 was $893.15 billion, and as a result, U.S. Customs and Border Protection (“CBP”) collected $24.37 billion in duties, taxes and fees for those imports. Given...more

Orrick, Herrington & Sutcliffe LLP

OFAC sanctions Mexican arms trafficker for supplying weapons to cartel

On February 28, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions pursuant to Executive Order (E.O.) 14059 against a Mexican national for his role in providing, or having attempted to...more

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