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KPMG Board Leadership Center (BLC)

Directors Quarterly: July 2025

KPMG Board Leadership Center (BLC) on

As companies continue to respond to the impact of continuing tariff turbulence, a sweeping domestic policy bill in the Unites States, ongoing geopolitical risk, and expected slower global growth, boards must help management...more

Alston & Bird

Look Ahead to the Week of July 7, 2025: GOP Returns Triumphant Following Enactment of ‘Big, Beautiful’ Bill

Alston & Bird on

The Senate is in session this week, but the House was granted an unscheduled recess week after narrowly passing the One Big Beautiful Bill Act before July 4 (H.R. 1). President Trump signed the bill into law over the weekend,...more

Husch Blackwell LLP

Week Twenty-Three in Trade

Husch Blackwell LLP on

The House and Senate passed the tax bill, which includes a provision to end the de minimis exemption for all e-commerce effective July 1, 2027. The bill now goes to the President for his signature. The de minimis exemption...more

Baker Botts L.L.P.

Congress Readies Sweeping Bipartisan Sanctions Bill Targeting Russia and Its Trading Partners

Baker Botts L.L.P. on

In response to Russia’s ongoing invasion of Ukraine, lawmakers in both chambers of Congress have introduced legislation aimed at penalizing Russia through the imposition of sanctions and other economic measures. The...more

Winthrop & Weinstine, P.A.

Tariffs Ruled Unlawful but Still in Force — 5 Things General Counsel Should Do Now

Winthrop & Weinstine, P.A. on

On May 29, 2025, the U.S. Court of International Trade (CIT) ruled that the tariffs imposed by President Trump under the International Emergency Economic Powers Act (IEEPA) exceeded the statutory authority granted to the...more

Husch Blackwell LLP

Week Twelve in Trade – First 100 Days of the New Administration

Husch Blackwell LLP on

On April 8, 2025, President Trump issued an Executive Order raising the reciprocal tariff rate on Chinese imports from 34% to 84%. This move followed his earlier warning that the U.S. would impose a 50% increase unless China...more

Baker Botts L.L.P.

Senators Introduce Bipartisan Legislation to Claw Back Congressional Authority over Tariffs

Baker Botts L.L.P. on

In response to President Trump's imposition of wide-ranging reciprocal tariffs last week, on Thursday, April 3, Senators Chuck Grassley (R-IA) and Maria Cantwell (D-WA) introduced legislation in the Senate seeking to reassert...more

A&O Shearman

Trump administration's tariffs targeting China, Canada and Mexico

A&O Shearman on

On February 1, 2025, President Trump issued three Executive Orders (EOs) announcing tariffs on China (the China EO) Canada (the Canada EO), and Mexico (the Mexico EO), respectively, pursuant to the International Economic...more

Skadden, Arps, Slate, Meagher & Flom LLP

Overview of Trump’s Executive Actions and Considerations for Potential Litigation

Skadden, Arps, Slate, Meagher & Flom LLP on

The Trump administration has taken, and continues to take, executive actions that have the potential to significantly affect the public and private sectors alike. The result is an ever-changing legal environment presenting...more

Perkins Coie

Trump Administration’s “America First Trade Policy”

Perkins Coie on

Early this week, President Trump unveiled his “America First Trade Policy.” The policy, issued as a memorandum to his incoming senior trade and national security officials, offers insights into the new administration’s...more

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