News & Analysis as of

Tariffs

Husch Blackwell LLP

President Trump Issues New “Reciprocal” Tariff Rates Effective August 7th and Issues A Separate Executive Order Increasing Tariffs...

Husch Blackwell LLP on

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

Shook, Hardy & Bacon L.L.P.

DOJ Announces Unit to Prosecute Criminal Customs and Trade Fraud

Escalating what has already been a strong focus on combating customs and trade fraud in President Donald Trump’s second administration, on July 10, 2025, the Department of Justice announced it would be devoting significant...more

Benesch

Sectoral Tariff Update - Section 232 National Security Investigations

Benesch on

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

Kelley Drye & Warren LLP

New Tariff Actions Announced Back-to-Back from the White House: Copper 232, Brazil Tariffs, and De Minimis

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

Kelley Drye & Warren LLP

Trade Updates (July 31) - New Reciprocal Tariff Rates, an Increase in IEEPA Tariffs for Canadian Goods, and a 90-Day Pause on...

On July 31, 2025, President Trump issued an executive order modifying the so-called reciprocal tariffs implemented under IEEPA. Country-specific rates, originally announced on April 2 through Executive Order 14527, have been...more

Frost Brown Todd

Tariff Letters and Trade Pressure: Changes to the Reciprocal Tariff Program

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On April 2, 2025, President Trump promulgated Executive Order 14257, which implemented the “reciprocal tariff” program, designed to bolster domestic manufacturing and address trade imbalances with U.S. trading partners. These...more

White & Case LLP

Loan markets rally following April tariff shocks

White & Case LLP on

After a sharp tariff-induced dip in loan issuance, markets in the US and Europe regained confidence and stabilized by the end of the first half of the year - US and European leveraged loan markets had a bumpy ride during...more

Polsinelli

Multiple Trade Deals Reached as August 1 Deadline Nears

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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

Polsinelli

New 40% Tariffs on Imports from Brazil into the U.S.

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Key Takeaways - New 40% Tariff on Brazilian Imports: Starting August 6, 2025, the U.S. will impose a 40% tariff on certain products from Brazil, in addition to existing duties....more

Polsinelli

New National Security Probes on Imports of Polysilicon and Drones

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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

Husch Blackwell LLP

President Trump Issues Executive Order Imposing a 50% Tariff on Semi-Finished Copper Products and Intensive Copper Derivatives

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On July 30, 2025, President Trump issued a Presidential Proclamation announcing the imposition of a fifty prevent (50%) tariff on “all imports of semi-finished copper products and intensive copper derivative products” as set...more

Husch Blackwell LLP

President Trump Issues Executive Order Suspending Duty-Free De Minimis Treatment

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On July 30, 2025, President Trump issued an Executive Order, suspending the duty-free de minimis treatment for imports from all countries to address national emergencies related to illicit drug trafficking and trade deficits....more

Baker Botts L.L.P.

Trump Tariff Tracker -- July 30

Baker Botts L.L.P. on

We are days away from the announced deadline for the imposition of the country specific reciprocal tariffs, and the picture is becoming clearer around the tariffs that will be imposed on some of the United States’ most...more

StoneTurn

Tariff and Trade Q&A: Jerry McAdams

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Jerry McAdams, a Senior Adviser with StoneTurn, is a recognized expert in international trade compliance and a licensed customs broker. In this Q&A, Jerry discusses the current trade and tariff landscape, and previews how he...more

Vinson & Elkins LLP

Impact of Trump's Tariffs on North American Energy Market

Vinson & Elkins LLP on

As the Trump administration continues to roll out its sweeping tariff policy, the North American energy industry is working to address the effects of the President’s tariff strategy. The Trump administration intends to...more

A&O Shearman

From calm to chaos - What tariffs and other trade restrictions mean for your supply chain contracts

A&O Shearman on

The looming expiration of the “Liberation Day” tariff suspension on August 1, 2025 marks a watershed for global trade and supply chain management. The U.S. administration’s imposition of sweeping tariffs first announced on...more

Husch Blackwell LLP

President Trump Imposed 50% Tariff on Brazil

Husch Blackwell LLP on

On July 30, 2025, President Trump issued an Executive Order pursuant to the International Emergency Economic Powers Act (“IEEPA”) imposing an additional forty percent (40%) ad valorem rate on certain products from Brazil....more

Husch Blackwell LLP

Petition Summary: Unwrought Palladium from the Russian Federation

Husch Blackwell LLP on

On July 30, 2025, Sibanye-Stillwater and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union, AFL-CIO, CLC (“USW) referred to together as...more

Levenfeld Pearlstein, LLC

M&A Insights Series: Katie Balson of Origin Merchant Partners Discusses the Market Outlook, Its Challenges and Opportunities, and...

To help businesses, investors, and deal professionals better understand the evolving independent sponsor landscape, Robert Connolly – a partner in LP’s Corporate Practice Group and leader of LP’s Independent Sponsor team –...more

McDermott Will & Emery

DOJ complaint underscores Trump administration’s use of the FCA to enforce US trade laws

McDermott Will & Emery on

A recent complaint – U.S. ex rel. Joyce v. Global Office Furniture, LLC, et al. – marks one of the Trump administration’s first publicly filed False Claims Act (FCA) enforcement actions focused on tariff evasion. In its July...more

Morgan Lewis - Power & Pipes

Trade Enforcement Developments in US Clean Energy Supply Chains

Recent actions by the US Department of Commerce (Commerce) signal growing trade enforcement momentum across critical segments of the clean energy supply chain. Through a combination of new investigations and preliminary...more

J.S. Held

From Ambition to Attrition: The Financial Realities Behind Wind Project Suspensions

J.S. Held on

Introduction: Offshore Wind Projects Pulled Amid Cost Surges - The offshore wind industry has faced a wave of high-profile setbacks that have sent shockwaves through the global renewable energy landscape. The offshore wind...more

American Conference Institute (ACI)

[Event] 14th Advanced Forum on U.S. Customs Compliance and Enforcement - October 8th - 9th, Arlington, VA

With DOJ and CBP ramping up enforcement, customs compliance missteps now carry greater legal and financial risk. Join the customs compliance community at ACI’s 14th Advanced Forum on U.S. Customs Compliance and...more

Saul Ewing LLP

The Tariff Quagmire: Overcoming Uncertainty from Tariffs and Other Unstable Market Conditions

Saul Ewing LLP on

In 2025, the second Trump administration has made sweeping use of tariffs. Tariffs have been imposed and suspended several times, in varying amounts, against a multitude of countries on all types of goods used in the...more

Husch Blackwell LLP

The US and EU Reach A Trade Deal—EU Goods Subject to 15% Tariff

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On July 27, 2025, President Trump announced that the U.S. and European Union (“EU”) have reached a trade deal. Pursuant to the Fact Sheet released by the White House on July 28th, the U.S. will impose a 15% tariff on all EU...more

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