News & Analysis as of

International Trade Supply Chain Contract Terms

Foley & Lardner LLP

Tariffs and Your Contracts: Why do termination rights matter?

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In addition to reviewing your commercial contracts for how new or increased tariff costs are allocated, another key area to evaluate is whether either party has the right to terminate the contract. If one party gets upside...more

Snell & Wilmer

Rebuilding in the Age of 50% Tariffs on Steel

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Rebuilding often requires a retrospective examination. In the case of rebuilding homes and businesses after a natural catastrophe, such as Hurricane Katrina or the 2025 LA fires, that retrospective examination includes...more

Allen Barron, Inc.

Legal Services in a Rapidly Changing World

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Are you searching for a reliable partner to provide legal services in a rapidly changing world? How will legal decisions impact other aspects of your company, including operations, accounting, existing business...more

Foley & Lardner LLP

Tariffs and Your Contracts: Why does the "importer of record" provision matter?

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To ascertain which party in a commercial contract is responsible for tariffs, it is important to check whether the contract specifies the importer of record....more

Moore & Van Allen PLLC

MVA Supply Chain Brief: Tariff-Related Contract Topics

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Delivery terms aren’t just legal fine print—they are strategic terms that can drastically shift the costs and obligations between the parties to a contract, especially when tariffs are involved. This installment of MVA’s...more

Foley & Lardner LLP

Tariffs and Your Contracts: Why do delivery terms matter?

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In light of a trade landscape rife with tariffs, companies are examining their commercial contracts to judge the exposure to increased costs of production. One area of a supply contract that cannot be overlooked when...more

Foley & Lardner LLP

Tariffs and Your Contracts: Why do pricing and tax provisions matter?

Foley & Lardner LLP on

President Trump’s shakeup of U.S. trade policy with its approach to tariffs is costing companies billions of dollars. In fact, in June of this year, importers paid the U.S. government customs duties (of which tariffs are a...more

Cimplifi

How AI-Powered Contract Analysis Can Help Navigate Tariff Turbulence

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In an era of unpredictable trade regulations, rising tariffs, and shifting economic alliances, contract management has become a critical line of defense. It’s no longer just about what’s negotiated—it’s about how fast you can...more

A&O Shearman

From calm to chaos - What tariffs and other trade restrictions mean for your supply chain contracts

A&O Shearman on

The looming expiration of the “Liberation Day” tariff suspension on August 1, 2025 marks a watershed for global trade and supply chain management. The U.S. administration’s imposition of sweeping tariffs first announced on...more

Seyfarth Shaw LLP

Drafting Smarter: Force Majeure and Price Escalation Clauses in a Tariff-Heavy Era

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In light of recent disputes, international construction firms are rethinking how they draft force majeure and price escalation provisions to better address tariff-induced cost increases. While traditional force majeure...more

Benesch

INCOTERMS - More Relevant to Procurement and Sales Than Ever Before

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The INCOTERMS published by the International Chamber of Commerce (ICC) have long served the international community by offering a “shorthand” for communicating key shipping terms. The ICC most recently issued the 2020 version...more

K&L Gates LLP

Tariffs & Supply Chains: An English Law Perspective on Contractual Levers You May Have (or Want)

K&L Gates LLP on

These are challenging times for supply chains. In recent months, the US government has announced, reversed, delayed, adjusted, and enacted a series of tariffs on imports to the United States from a long list of countries;...more

Gray Reed

Incoterms Explained: A Deep Dive into Delivery Duty Paid (DDP)

Gray Reed on

In my most recent post to the Texas Construction Law Blog, I discussed the correlation between Incoterms and tariffs. As a refresher, Incoterms, short for International Commercial Terms, are a set of standardized trade terms...more

Moore & Van Allen PLLC

MVA Supply Chain Brief: What Terms Govern?

Moore & Van Allen PLLC on

In this second installment of MVA’s Supply Chain series on tariffs, we examine a fundamental question in the determination of which party to a contract is responsible for paying tariffs on goods imported into the United...more

Gray Reed

Understanding Incoterms and Tariffs: A Guide for International Trade

Gray Reed on

International trade is a complex web of regulations, agreements and logistics. For those whose businesses rely upon international trade two things are certain, (1) tariffs will impact your supply chain and operational costs...more

Foley & Lardner LLP

What Every Multinational Company Should Know About…Tariff Strategies for Sell-Side Contracts

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Assessing Tariff Impacts in Commercial Contracts - With the size and scope of President Trump’s tariffs continuing to shift, this is a critical time for businesses to assess their contracts and determine how increased...more

Mayer Brown

Navigating M&A Transactions Amidst Trump’s Tariffs: Five Key Legal Issues to Consider in Today’s Market

Mayer Brown on

The introduction of tariffs under the Trump Administration—and their subsequent partial (yet perhaps temporary) rollback—has added a new layer of complexity and a great deal of uncertainty to the high-stakes world of M&A...more

Moore & Van Allen PLLC

MVA Supply Chain Brief: Navigating Rising U.S. Tariffs

Moore & Van Allen PLLC on

Tariffs on imports into the U.S. are on the rise, focusing on many of the U.S.’s largest trading partners like Mexico, Canada and China, as well as major products such as aluminum and steel. Buyers and sellers who are...more

Adams & Reese

Want to Mitigate Tariff Impacts? Start by Looking at Incoterms

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As companies directly or indirectly involved in international trade and cross-border supply chains navigate the complexities of tariffs and their expected retaliatory impacts, one effective strategy to mitigate their impact...more

Morrison & Foerster LLP

Navigating New U.S. Tariffs: Questions to Consider

The current worldwide focus on tariffs, paired with reciprocal tariffs from various affected states, is likely to have significant impact on the costs of cross-border trade. Businesses focused on importing and exporting goods...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - April 2025 - Surviving the 2025 Tariff Wave: A Strategic Guide for U.S. Importers

The first quarter of 2025 has reshaped the U.S. trade landscape with a flurry of executive actions by the Trump administration, introducing a new wave of tariffs on imports from almost all U.S. trading partners. The Trump...more

Kerr Russell

Tariffs and Contract Performance: Can Tariffs be a Force Majeure Event?

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Following the previous imposition of significant tariffs on imports from Canada and Mexico, President Donald J. Trump announced on April 2, 2025 additional tariffs of varying amounts covering virtually all goods imported into...more

Sheppard Mullin Richter & Hampton LLP

Understanding the Allocation of Tariff Payments

In the context of the tariffs imposed by the Trump Administration on imported goods, a prevalent misconception has arisen that foreign suppliers automatically bear the cost of these tariffs. The reality, however, is more...more

Bradley Arant Boult Cummings LLP

The Impact of New Tariffs on U.S. Government Contractors

As global trade policies shift, U.S. government contractors must navigate the evolving landscape of tariffs and their implications. The recent introduction of new tariffs by the federal government has significant consequences...more

Jenner & Block

Client Alert: Evaluating the Impact of Tariffs on Customer and Supplier Relationships

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As tariffs are imposed and additional tariffs are threatened, companies concerned about the impacts of tariffs on agreements with customers and suppliers should review their contracts and the parameters of the tariff to...more

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