On August 7, 2025, President Trump’s reciprocal tariffs fully came into effect. The overall U.S. effective tariff rate has now risen to an estimated 18.6%, which is the highest rate since 1934. Several countries continue to...more
More than four months after the initial introduction of the “Liberation Day” tariffs in early April 2025, which lasted only a day before being rolled back in favor of a 10 percent baseline tariff, the reciprocal tariffs...more
For decades, supply chain planning, sourcing decisions, and landed cost analysis relied on stable and predictable duties and tariffs, along with carefully crafted and well implemented trade agreements such as USMCA. ...more
Key Takeaways - New 25 Percent Tariff on Indian Imports: Starting August 27, 2025, the U.S. will impose a 25 percent tariff on certain products from India, in addition to existing duties....more
President Trump signed the Executive Order on July 31 imposing the country-specific reciprocal tariff rates. Those rates will take effect on August 7, 2025 for most imports. The Executive Order maintains a baseline 10% tariff...more
Wednesday morning, the White House declared a new national emergency on products of countries that are “directly or indirectly” importing crude oil and petroleum products from the Russian Federation. The executive order...more
On July 30, 2025, President Trump issued a Presidential Proclamation1 that imposed a 50 percent tariff on the copper input value of imports of semi-finished copper and intensive copper derivative products effective August 1,...more
Foley & Lardner partners Gregory Husisian and David Simon detailed the rise and risks of tariff evasion in the POLITICO article, “As Trump raises tariffs, companies find ways to cheat — and risk getting caught.”...more
The Trump Administration announced in an executive order that it will institute and impose an additional 25% on imports of goods with a country of origin India effective August 27, 2025 to address India’s imports of Russian...more
Provided below is a status update and summary of tariffs that have been implemented since February 1, 2025, and impacts on imports from multiple countries. IEEPA (Fentanyl) Tariffs- IEEPA tariffs were announced on...more
Key Takeaways - New reciprocal tariffs take effect August 7, excluding Canada, China and Mexico which are subject to separate measures....more
In a series of Executive Orders issued during the last week of July 2025, President Trump ordered the increase of tariff rates for imports originating from dozens of countries, effective August 7, 2025. ...more
On July 31, 2025, President Trump issued an executive order detailing new reciprocal tariff rates for individual countries and stating they will take effect at 12:01 a.m. EST seven days from the date of the order (i.e.,...more
OVERVIEW - The Trump Administration has made it clear that it intends to increase the United States’s production of critical minerals, with a focus on copper, through its implementation of the “Unleashing American Energy”...more
On July 30, President Trump took two actions that represent a significant escalation in the administration’s evolving trade strategy: (1) a presidential proclamation (the proclamation) imposing a 50% ad valorem tariff on...more
It has been several months now since President Trump began rolling out the flurry of trade actions that have come to define his America First Trade Policy, which culminated to the so-called Liberation Day reciprocal tariffs. ...more
To address the effects of copper imports on U.S. national security, President Trump issued a proclamation to impose “universal 50% tariffs on imports of semi-finished copper products (such as copper pipes, wires, rods,...more
On July 31, 2025, President Donald Trump signed an executive order modifying the reciprocal tariff rates for certain countries that have goods trade deficits with the United States (the “Tariff Executive Order”). The Tariff...more
After weeks of anticipation and a flurry of news from Washington, DC, the White House has issued a long-awaited executive order (EO) that resets the landscape for US reciprocal tariffs and related trade measures....more
During the last week of July, President Trump issued a series of tariff-related executive actions...more
On July 31, 2025, President Trump issued an Executive Order establishing revised IEEPA “reciprocal” tariff rates for imports into the U.S. from specific countries. The new rates come after the President’s 90-day pause on...more
Sectoral tariffs are emerging as a preferred tool for the White House that leaves targeted industries, and those reliant on their import supply, subject to appreciably higher customs duties on imported goods. A wide range of...more
On July 30, the White House issued three executive orders in another flurry of changes to the tariff landscape. As a result of the executive orders, certain copper products and products of Brazil will be subject to 50 percent...more
Key Takeaways - As the August 1 deadline approaches, the U.S. has reached trade deals with several countries that lower U.S. tariff rates in exchange for increased market access and investments benefiting U.S. industries....more
Key Takeaways - The U.S. Department of Commerce has launched national security investigations into imports of polysilicon and drones under Section 232 of the Trade Expansion Act....more