On June 16, 2025, President Trump issued an Executive Order setting a 7.5% Section 232 tariff on U.K.-origin cars which are imported under the 100,000 quota, per the announced trade deal with the U.K. Combined with the...more
On May 2, 2025, the U.S. Department of Commerce (“Commerce”) issued an interim final rule (“IFR”) that creates a new process for adding goods to the lists of derivative products subject to the 25 percent steel and aluminum...more
On April 24, 2025, the U.S. Department of Homeland Security issued a notice regarding changes to the Harmonized Tariff Schedule of the United States (HTSUS) eliminating the Section 321 de minimis exemption for goods from...more
Welcome to the April 2025 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
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
On April 2, 2025, President Trump announced a new 10% global “reciprocal” tariff on U.S. imports from all countries, with higher tariff rates for a large number of countries that range from 11 to 50% ad valorem (the...more
xAfter weeks of mixed signals from the Trump administration regarding tariffs, President Trump has imposed new tariffs on automobiles and reciprocal tariffs on nearly all imported goods. While the new announcements provide...more
The electric mobility industry faces significant challenges, to be sure. With the Inflation Reduction Act (IRA) of 2022 in peril, leaner times may be ahead....more
On February 14, 2025, the White House released Annex I of the February 10, 2025 Proclamations expanding the Section 232 duties to cover certain additional derivative products of steel and aluminum. The additional derivative...more
If you have a company that imports chemicals – whether they are used as raw materials or components for onward manufacturing, or finished goods containing chemical components – you have been facing significant challenges over...more
Companies that import from Canada, Mexico or the People’s Republic of China should take steps now to minimize the impact of recently announced tariffs. In an executive order signed on Feb. 1, 2025, President Trump imposed...more