Hot Topics in International Trade - Tariff Mitigation Strategies
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Tit For Tat US China Trade War
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This spring, representatives from China’s Ministry of Commerce (“MOFCOM”) met with Walmart executives in China (“PRC”) to discuss allegations that Walmart had asked its Chinese suppliers to reduce prices or offer some sort of...more
On June 3, President Trump issued a proclamation doubling tariffs on imports of steel and aluminum articles and derivative steel and aluminum articles from 25% to 50%, effective at 12:01 a.m. EDT on June 4. This action, taken...more
Less than five months into the new administration, we have already seen more than 50 tariff proclamations. With new tariffs being proposed, imposed, revoked, suspended, and sometimes reimposed, it can be difficult for...more
One of the most common questions we get from clients is, “What is the future of the Trump administration’s tariff strategy?” With President Trump having issued over 50 tariff proclamations — a six-month sprint of more major...more
Share on Twitter Print Share by Email Share Back to top This year, U.S. trade policy has undergone a dramatic shift, driven by a series of presidential proclamations that have raised tariff rates sharply. Some tariffs (such...more
In the current economic environment, where tariffs are being discussed, proposed, or implemented, with potential impact on many industries, companies are feeling pressure to rethink or adjust their pricing strategies....more
On May 8, the White House announced President Trump's first trade deal under his America First Policy. The deal struck between the United States and the United Kingdom will revise some of the tariffs imposed on the UK so far...more
These are challenging times for supply chains. In recent months, the US government has announced, reversed, delayed, adjusted, and enacted a series of tariffs on imports to the United States from a long list of countries;...more
The ongoing legal and political saga surrounding President Donald Trump’s tariffs has taken an expected turn following the U.S. Court of International Trade’s surprise ruling earlier this week. A federal appeals court has...more
We are knee deep in mitigation strategies regarding maneuvering around the Trump Administration tariffs. Strategy considerations such as: A bonded warehouse or an FTZ (taking advantage of duty deferral) Country of origin...more
In Episode 4 of CHPS of Insight, host Chris White and Kelsey Christensen explore the ongoing complexities of tariffs and trade policies that continue to shape global commerce and economic policy. Chris and Kelsey provide a...more
On Wednesday, May 28, 2025, and Thursday, May 29, 2025, three significant court actions impacted the tariff and trade landscape....more
In the dynamic world of life sciences, companies face unique challenges in safeguarding their valuable assets. From pharmaceuticals to biologics, medical devices to vaccines, these products often require specialized handling...more
Foley & Lardner provided an overview for multinational companies regarding the most common False Claims Act risks that may arise from improper management of import operations. Visit Foley & Lardner’s Trump Administration...more
Political risk insurance (PRI) is a specialised form of insurance designed to protect investors and businesses from the risk of loss to their investments as a result of government action. There may be certain circumstances...more
On May 12, 2025, the United States and the People’s Republic of China agreed to temporarily suspend most tariffs for 90 days. The joint statement released by the Trump Administration states both countries will slash existing...more
In this second installment of MVA’s Supply Chain series on tariffs, we examine a fundamental question in the determination of which party to a contract is responsible for paying tariffs on goods imported into the United...more
Since the April 9, 2025 pause on the application of the Trump administration’s “reciprocal” tariffs, which we included in our most recent update, several additional developments have occurred which materially impact the...more
The tariff policy implemented by the Trump administration in April 2025 marks a significant shift for the aviation sector by ending long-standing duty-free status in aircraft trading. As a result, U.S. manufacturers and...more
International trade is a complex web of regulations, agreements and logistics. For those whose businesses rely upon international trade two things are certain, (1) tariffs will impact your supply chain and operational costs...more
Boards of directors globally are confronting unknown circumstances as a result of the current quickly shifting tariff and trade environment. Business risks and opportunities are magnified during such times, compelling boards...more
Welcome to the May 2025 edition of Plugged In! As tariffs continue to dominate headlines—and create headaches—in the auto world, Mark Heusel and Hezi Wang offer a Tariff Tracker to help businesses navigate the ever-shifting...more
Following the introduction and partial rescission of the “Liberation Day” tariffs last month, the latest U.S. government actions have largely—though not universally—continued down the path of an easing tariff burden. Of...more
The US government’s “Liberation Day” tariffs, unveiled on April 2, 2025 to force a rebalancing of global trade in favor of the United States, have unleashed significant market volatility and global economic disruption. The...more
Foley & Lardner provided an overview for multinational companies regarding the potential antitrust scrutiny over tariff-related pricing changes. Visit Foley & Lardner’s Trump Administration Resource Hub: Legal and Business...more