Tit For Tat US China Trade War
Reports have suggested that on April 2, 2025, President Donald Trump will likely announce reciprocal tariffs pursuant to the International Emergency Economic Powers Act (IEEPA) (50 U.S.C. 1701 et seq.) and investigations...more
Update: On March 4, 2025, the Trump administration’s 25% tariffs on goods from Canada and Mexico, and additional 10% tariffs on goods imported from China, went into effect. China and Canada announced specific retaliatory...more
Update: On February 10, 2025, the Trump administration issued a proclamation reinstating a 25% ad valorem tariff on steel imports and increasing tariffs on aluminum imports to 25%, as well as ending all beneficial...more
Businesses trading with key global partners will face an uneven landscape of responses to the announced tariffs. The Trump administration announced new tariffs on imports from Canada, Mexico, and China on February 1,...more
The United States has a long history of using tariffs. The first significant tariff legislation was the Tariff Act of 1789, signed by President George Washington. Tariffs have been used for various purposes over the years,...more