News & Analysis as of

International Emergency Economic Powers Act (IEEPA) Section 232 Trade Relations

Ice Miller

Trade In Limbo: The Legal Storm Reshaping Trump's Tariffs

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In the final days of May, decisions in two significant court actions — V.O.S. Selections Inc. v. U.S. and Learning Resources Inc. v. Donald Trump — affected the tariff and trade landscape. If the courts' rulings are not...more

Dickinson Wright

June 2025 U.S. Tariff Tracker: Key Updates and Structure (Japanese)

Dickinson Wright on

As of June 19, 2025, U.S. import tariffs vary widely depending on the product and country of origin. Goods from China face layered duties, including Section 301 tariffs ranging from 7.5% to 100% (with electric vehicles hit...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - June 2025 - The Art of the (UK) Deal

On May 8, 2025, the United States and United Kingdom (UK) unveiled the new trade terms of an “economic prosperity” deal. This deal comes after President Trump imposed a 10% reciprocal tariff on all products from the UK and...more

Foley & Lardner LLP

What Every Multinational Company Should Know About … The Current Trump Tariff Proposals (June 2025 Update)

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Less than five months into the new administration, we have already seen more than 50 tariff proclamations. With new tariffs being proposed, imposed, revoked, suspended, and sometimes reimposed, it can be difficult for...more

Dorsey & Whitney LLP

U.S. Agrees to Lower Tariffs on Imports from China and United Kingdom; Trump Administration Launches New Investigation Into...

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On May 12, 2025, President Trump issued an executive order temporarily reducing the “reciprocal” tariffs on China, Hong Kong, and Macau origin goods from 125% to 10%, and lowering tariffs imposed on international mail parcels...more

Husch Blackwell LLP

Summary of Tariff Requirements Updated: May 14, 2025

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Provided below is a status update and summary of tariffs that have been implemented since February 1, 2025, and its impacts on imports from multiple countries. IEEPA Tariffs - IEEPA tariffs were announced on February 1,...more

Warner Norcross + Judd

A 90-Day Reprieve in U.S./China Trade Relations

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On May 11, 2025, the United States and China concluded their trade negotiations in Geneva, Switzerland. Both countries agreed to make certain “beneficial economic” commitments to deescalate the trade war, the most important...more

Cranfill Sumner LLP

Which Trade Pill to Swallow: The Red Pill or Blue Pill?

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In The Matrix, the red pill means choosing to see the real world, even if it exposes the brutality of harsh reality, whereas the blue pill means choosing blissful ignorance and returning to the simulation. In the recent...more

Kelley Drye & Warren LLP

Trump Announces Sweeping Reciprocal Tariffs

On April 2, 2025, President Trump signed an Executive Order (EO) imposing reciprocal tariffs on most nations. The new tariffs, which include a baseline rate of 10 percent as well as higher rates for dozens of trading...more

Kelley Drye & Warren LLP

President Trump Imposes Reciprocal Tariffs on Most Countries, Covering Most Goods

On April 2, 2025, President Trump signed an Executive Order (EO) imposing reciprocal tariffs on most nations. The new tariffs, which include a baseline rate of 10 percent as well as higher rates for dozens of trading...more

Fox Rothschild LLP

Trump’s Tariff Tactics Trigger Tremors in Global Trade

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The Trump administration is significantly expanding tariffs on steel, aluminum and a broad range of imported goods under two federal statutes—Section 232 of the Trade Expansion Act of 1962 and the International Emergency...more

Polsinelli

Reciprocal Tariffs to be Investigated, Potentially Imposed Later in 2025

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Thursday, President Trump issued a memorandum introducing the President’s “Fair and Reciprocal Plan” to investigate and take actions to correct “longstanding imbalances in international trade.”...more

Wiley Rein LLP

President Trump Issues “America First” Trade Policy and Previews Additional Tariffs on Canada, Mexico, and China - UPDATED 1/22/25

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This alert was originally published on January 21, 2025, and updated on January 22, 2025, to reflect President Trump’s comments that additional 10% tariffs may be imposed on China on February 1. On January 20, 2025,...more

DLA Piper

Tariffs and Trump: Preparing Your Business to Mitigate Duties

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In the months leading up to his inauguration, President-elect Donald Trump has repeatedly signaled that he may impose various tariffs on US imports. Further, President-elect Trump has nominated several policymakers known for...more

Morgan Lewis

Trump’s Second-Term Tariff Agenda: Tools for Implementation

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In this first installment of our four-part trade series, we explore how President-elect Trump may implement proposed tariff increases on imports of foreign-origin goods into the United States....more

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