News & Analysis as of

International Trade United Kingdom

McDermott Will & Schulte

MHRA announces changes to international reliance and in vitro diagnostic devices rules

In late July 2025, the UK government published its response to a consultation held between November 2024 and January 2025 about international reliance, UK Conformity Assessed (UKCA) marking and in vitro diagnostic devices. In...more

Mayer Brown

UK Weekly Sanctions Update - Week of August 25, 2025

Mayer Brown on

In this weekly update, we summarise the most notable updates in the UK sanctions world. If you have any questions in respect of any of the developments set out below, please do not hesitate to contact a member of our London...more

Mayer Brown

UK Weekly Sanctions Update - Week of August 18, 2025

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In this weekly update, we summarise the most notable updates in the UK sanctions world. ...more

Latham & Watkins LLP

Sanctions Update EU and UK Tighten Restrictions on Russian Oil and Provision of Software to Russia

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During 18-19 July 2025, the EU unveiled its 18th “package” of sanctions launched against Russia since Russia’s invasion of Ukraine in February 2022. Among these measures, the EU seeks to close an apparent loophole by which...more

Mayer Brown

UK Weekly Sanctions Update - Week of August 11, 2025

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In this weekly update, we summarise the most notable updates in the UK sanctions world. ...more

A&O Shearman

UK government announces trade deal with India

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The UK government has announced the signing of a Free Trade Agreement (FTA) with India, agreed in May this year. According to the government’s press release, for financial and professional services the deal provides locked-in...more

A&O Shearman

UK lays legislation to implement Berne Financial Services Agreement

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The draft Financial Services and Markets Act 2023 (Mutual Recognition Agreement) (Switzerland) Regulations 2025 have been laid before Parliament and published with a draft explanatory memorandum. The Regulations seek to...more

Mayer Brown

UK Weekly Sanctions Update - Week of July 28, 2025

Mayer Brown on

RUSSIA SANCTIONS - OFSI issues £300k monetary penalty for UK sanctions breaches: On July 31, 2025, OFSI announced that it had issued a £300,000 penalty against Markom Management Limited (“MML”) for its instruction of a...more

Morrison & Foerster LLP

European Digital Compliance: Key Digital Regulation & Compliance Developments - August 2025

To help organizations stay on top of the main developments in European digital compliance, Morrison Foerster’s European Digital Regulatory Compliance team reports on some of the main topical digital regulatory and compliance...more

K&L Gates LLP

Key Takeaways: Secondary Sanctions—United Kingdom Issues Sanctions Guidance for Non-UK Businesses

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On 14 July 2025, the United Kingdom’s Foreign, Commonwealth and Development Office released important sanctions guidance aimed specifically at non-UK companies operating outside the United Kingdom, with a special focus on...more

A&O Shearman

FSB chair letter on global outlook and priorities

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The Financial Stability Board (FSB) has published a letter from Andrew Bailey, Governor of the Bank of England, who was appointed chair of the FSB from 1 July. In the letter, the chair confirms his commitment to the FSB's...more

Eversheds Sutherland (US) LLP

Global Supply Chain Horizons - July 2025

Welcome to the latest edition of our quarterly global supply chain horizons providing you with a update on the key developments from around the world. Cross-Border - China and the US trade deal - On June 27, the PRC...more

K&L Gates LLP

What You Need to Know About the United Kingdom Issuing Sanctions Guidance for Non-UK Businesses

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The United Kingdom’s Foreign, Commonwealth and Development Office has published guidance on United Kingdom’s Russia sanctions compliance for non-UK businesses operating outside the United Kingdom (the Guidance). It also...more

Polsinelli

Deadline for New Country-Specific Reciprocal Tariff Rates Delayed to August 1, With Some Rate Increases Scheduled

Polsinelli on

Key Takeaways - Tariff Deadline Extended to August 1: President Trump postponed the implementation of country-specific reciprocal tariffs from July 9 to August 1, giving countries additional time to negotiate deals with the...more

Morrison & Foerster LLP

The Hague Judgments Convention Enters into Force in the UK

On 1 July 2025, the Hague Convention of July 2019 on the Recognition and Enforcement of Foreign Judgments in Civil or Commercial Matters (the “Convention”) came into force in the UK. The Convention allows civil and commercial...more

WilmerHale

Notes from the Multipolar Global Front: Navigating Multinational Antitrust Merger Reviews

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Recent developments have made navigating multinational antitrust merger reviews even more complex and replete with traps for the unwary. ...more

Skadden, Arps, Slate, Meagher & Flom LLP

The UK-US ‘Economic Prosperity Deal’ and Its Impact

On May 8, 2025, the U.K. and U.S. announced a trade deal to reduce or remove tariffs on each other’s exports, including on cars, steel and aluminum, and released the general terms for a potential U.K.-U.S. trade agreement....more

Baker Botts L.L.P.

Trump Tariff Tracker -- July 2

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The news of trade negotiations – those that have succeeded and those that are faltering – continues to come in as we are a week away from the country-specific reciprocal tariffs coming into effect. Today, President Trump...more

A&O Shearman

Hague Judgments Convention 2019 in force for the UK from July 1—key points for commercial parties

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The 2019 Hague Convention on the Recognition and Enforcement of Foreign Judgments in Civil or Commercial Matters (the Judgments Convention) is in force for the UK from July 1, 2025....more

Mayer Brown

Russia/Ukraine Sanctions Update - Month of June 2025

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I. U.S. SANCTIONS - Politico Reports President Trump Will Not Increase Sanctions on Russia to Maintain Peace Talks: On June 25, Politico reported that during an interview with Secretary of State, Marco Rubio, Secretary...more

Husch Blackwell LLP

Week Twenty-Two in Trade

Husch Blackwell LLP on

One June 24, 2025 CBP published updated guidance via a CSMS Message on Section 232 tariffs, correcting the number for preexisting HTSUS subheading 9903.81.98. The change effects steel or iron derivative items imported from...more

Baker Botts L.L.P.

Trump Tariff Tracker -- June 25

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We are two weeks away from the country-specific reciprocal tariffs coming into effect, and the Trump Administration is still continuing to engage in trade talks with around 20 countries. With these negotiations ongoing, it is...more

Husch Blackwell LLP

Total Tariffs on In-Quota Imported U.K. Cars to be 10%

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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

Alston & Bird

U.S. Signs Trade Deal with U.K. on Autos, Aerospace, but Overall Picture on Future of Reciprocal Tariffs Remains Murky

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On Monday, June 16, while at the G7 Summit in Alberta, Canada, President Trump signed an agreement with the U.K. to lower tariffs on certain British imports including automobiles and aerospace products. The agreement,...more

Baker Botts L.L.P.

Trump Tariff Tracker -- June 18

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With less than a month until the reciprocal tariffs are scheduled to snap into effect, foreign governments continue to pursue negotiations with the Trump Administration around individual country tariff rates. On Monday, June...more

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