On July 24, 2025 the European Commission voted to impose retaliatory tariffs of €93 billion on U.S. goods if a trade deal is not reached between the United States and European Union. The tariffs will be effective August 7,...more
It has been a very turbulent four months since April “Liberation Day” when President Trump, invoking emergency powers, announced new “reciprocal” country-specific tariff rates on 57 United States trading partners and a 10%...more
In the face of US tariffs on steel, aluminium, autos and autoparts, the threat of resumption of so-called “reciprocal” tariffs and investigations concerning tariffs on products ranging from pharmaceuticals to wood, the EU...more
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
On 12 March 2025, the European Union announced its intention to impose retaliatory tariffs in response to the resumption and expansion of tariffs on imports of steel and aluminium into the US, which began at 12:01am EDT on...more
Tariffs of 25% on steel and aluminum mill products from all sources, imposed under Section 232 of the Trade Expansion Act of 1962, went in effect at 12:01 this morning...more
On October 31, 2021, at the Group of 20 (G20) Summit, the United States and European Union announced an interim agreement to relax the Trump-era worldwide Section 232 tariffs on European steel and aluminum articles and...more
EU Trade Commissioner Malmstrom Announces That the EU Will Impose €39 Billion Worth of Retaliatory Tariffs on U.S. Goods if President Trump Imposes Section 232 Tariffs On Automobiles And Automotive Parts - The European...more