News & Analysis as of

Foreign Policy US Trade Policies Imports

Troutman Pepper Locke

Pause on Higher Reciprocal Tariff Rates Extended to August 1

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On July 7, 2025, President Trump signed an executive order (the Order) once again extending the temporary suspension of reciprocal tariffs that were originally set forth in his April 2 “Liberation Day” Executive Order 14257...more

Gordon Rees Scully Mansukhani

Navigating the New Steel and Aluminum Tariffs in the Construction Industry

President Donald Trump has announced new 25% tariffs on steel and aluminum imports into the United States. This measure is part of the administration’s strategy to protect national security and address trade imbalances. ...more

Troutman Pepper Locke

Temporary Reduction of Reciprocal Tariffs on Chinese Goods Following US-China Trade Truce

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On May 12, President Trump issued an executive order, “Modifying Reciprocal Tariff Rates to Reflect Discussions with the People’s Republic of China” (the Order), temporarily lowering reciprocal tariffs on Chinese imports that...more

Seyfarth Shaw LLP

Tariff Turbulence: Navigating Force Majeure Risks in Texas Oil and Gas Contracts

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Upstream oil and gas producers and oilfield service companies are facing new uncertainties from recently imposed federal tariffs. In early 2025, the US expanded tariffs on a broad range of imports, suddenly increasing costs...more

Troutman Pepper Locke

White House Releases List of Products Excluded From Reciprocal Tariffs

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On April 11, the White House released a Presidential Memorandum, “Clarification of Exceptions Under Executive Order 14257 of April 2, 2025, as Amended,” which exempts a list of semiconductors and electronics from reciprocal...more

Troutman Pepper Locke

Tariff Reform Legislation and Congressional Trade Activity – Week of April 7, 2025

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On April 9 at 12:01am, reciprocal tariffs on more than 60 countries ranging from 17-50% were scheduled to go into effect, only to be pulled back on April 9 as President Trump announced a 90-day pause — possibly to July 8. The...more

Troutman Pepper Locke

US Modifies Reciprocal Tariff Rates

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President Trump signed a new executive order, “Modifying Reciprocal Tariff Rates to Reflect Trading Partner Retaliation and Alignment” (the Order) on April 9, marking yet another significant shift in U.S. trade policy. The...more

Mayer Brown

The White House Announces Sweeping “Reciprocal Tariffs”

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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

Mayer Brown

Heightened Enforcement Risks and Opportunities in International Trade

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On April 2, 2025, the Trump Administration imposed a sweeping new set of tariffs against imported goods as part of its efforts to remake the framework for international trade. ...more

Troutman Pepper Locke

New U.S. Tariffs on Mexico, Canada and China Take Effect – Retaliatory Measures Escalate Trade Tensions

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Last week consisted of many developments surrounding President Trump's tariff policy. On March 4, his sweeping new tariffs took effect, significantly altering the trade landscape for businesses engaged in international...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

Alston & Bird

US and India to Pursue Bilateral Trade Deal, Hope to Resolve Tariffs Dispute

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Following a meeting last Thursday, February 13th between Donald Trump and Indian Prime Minister Narendra Modi, India and the US agreed to begin talks on a bilateral trade deal that could help resolve the countries’ standoff...more

Alston & Bird

Details Emerge on Increased Steel/Aluminum Tariffs

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Details have begun to emerge regarding the Trump Administration’s recent move to raise tariffs on imported steel and aluminum to 25% across the board, beginning on March 12. In Presidential Proclamations signed on February...more

Kelley Drye & Warren LLP

President Trump Signs Reciprocal Trade and Tariffs Memorandum

On February 13, 2025, President Trump signed an executive memorandum on ​“Reciprocal Trade and Tariffs” directing his economic team to create a ​“Fair and Reciprocal Plan” for imposing a supplemental tariff that will be...more

Alston & Bird

Trump Administration Delays Canada Tariffs

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It appears that Canada is also in negotiations and that U.S. tariffs will be delayed 30 days in line with the delay of tariffs on products from Mexico. Trudeau says Trump agrees to a pause on U.S. tariffs on Canada....more

Pillsbury - Global Trade & Sanctions Law

Trump 2.0: U.S. Tariffs on China Take Effect; Mexico and Canada Granted 30-Day Pause

Following President Trump’s February 1, 2025, announcement of a sweeping set of tariffs on imports from Canada, Mexico, and China, citing immigration concerns and the flow of fentanyl, trade tensions have lurched...more

Akin Gump Strauss Hauer & Feld LLP

PAUSED: Imposing Duties to Address the Situation at Our Southern Border (Trump EO Tracker)

Key Updates - At 10:30am on Feb. 3, Mexican President Claudia Sheinbaum announced on X that the Mexico tariffs will be paused for one month. She stated that the United States and Mexico had come to an agreement relating to...more

Warner Norcross + Judd

U.S. Tariffs Increased: Affected Countries Respond

On Saturday, Feb. 1, 2025, President Donald Trump issued three executive orders raising tariffs on goods from Canada, Mexico and the People's Republic of China. The executive orders were issued under the International...more

Akin Gump Strauss Hauer & Feld LLP

US Presidential Elections 2024—What is at Stake for Swiss Companies and Investors?

The November U.S. Presidential electoral campaign is in full swing. Since President Joe Biden ended his reelection bid and Vice President Kamala Harris secured the Democratic Party nomination, polls now show a tight race...more

Mayer Brown

US House Committee Proposes Reset to US - China Economic Relationship

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On December 12, 2023, the US House Select Committee on the Chinese Communist Party (CCP) (“Select Committee”) released a report titled “Reset, Prevent, Build: A Strategy to Win America’s Economic Competition with the Chinese...more

Akin Gump Strauss Hauer & Feld LLP

America COMPETES Act v. US Innovation and Competition Act—Summary of Key Differences and Takeaways

On Friday, February 4, 2022, the House passed the America COMPETES Act on nearly a straight party line vote to, among many other priorities, fund domestic semiconductor chip manufacturing, dramatically increase scientific...more

Torres Trade Law, PLLC

Trade Enforcement Digest - January 2022

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Civil and criminal penalties levied against U.S. companies for trade violations are just the beginning of the potential unforeseen costs of doing business in the global marketplace. What cannot be quantified are the countless...more

Cozen O'Connor

Up in Smoke: OFAC Further Erodes Obama-Era Cuba Rules

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On September 24, 2020, the U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) amended the Cuban Assets Control Regulations (CACR) to further restrict U.S. engagement with Cuba in order to deny revenue to...more

Society of Corporate Compliance and Ethics...

Compliance Perspectives: NDAA 889, Better Known as the Anti-Huawei Act

“Section 889(a)(1)(A) of the John S. McCain National Defense Authorization Act for Fiscal Year 2019 prohibits the Federal Government from procuring or obtaining, or extending or renewing a contract to procure or obtain, ‘any...more

Robins Kaplan LLP

Financial Daily Dose 1.7.2020 | Top Story: Facebook Ban of “Deepfakes”

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Facebook wages a war on misinformation. On Monday, Facebook announced it will start removing videos altered by artificial intelligence that are likely to mislead people into thinking that a subject of the video made...more

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