News & Analysis as of

Trade Relations Economic Sanctions

McDermott Will & Emery

Credit Conditions - Q2 2025

So-called “Liberation Day” tariffs shook markets and sparked recession fears on April 2, with rates ranging from a universal 10% to a country-specific reciprocal tariff as high as 49% for Cambodia. While the 10% universal...more

Barnea Jaffa Lande & Co.

EU reconsiders its free trade agreement with Israel due to the war in Gaza

EU foreign ministers have decided to explore the possibility of cancelling the EU-Israel Association Agreement due to allegations that the war in Gaza is raising doubts concerning Israel’s commitment to the safeguarding of...more

White & Case LLP

Economic volatility tempers high yield issuance

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Against a remarkably volatile macroeconomic backdrop, US and European high yield bond markets recorded conspicuous year-on-year declines in issuance during the first quarter of 2025....more

K&L Gates LLP

European Union Adopts 16th Package of Sanctions Against Russia

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In a bid to further increase the pressure on Russia, the Council of the European Union has adopted additional measures which have been introduced in its 16th sanctions package. The new measures amending the framework Council...more

Amundsen Davis LLC

U.S. and China Agree to Reduce Reciprocal Tariffs for 90 Days

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We previously reported on the reciprocal tariffs on ALL countries issued by President Trump in early April. Over the weekend, the U.S. and China agreed to temporarily reduce tariffs amid a looming recession triggered by an...more

Husch Blackwell LLP

Europe Threatens Additional Retaliatory Tariffs Against the United States

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The European Union (EU) has proposed additional retaliatory tariffs on €100 billion of imports from the United States, if negotiations are unsuccessful. The list includes aircraft, vehicles, agricultural products, medical...more

DLA Piper

The Second Trump Administration’s First 100 days

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The first 100 days of the second Trump Administration have been marked by a flurry of Executive Orders (EOs) and policy memoranda intended to advance President Donald Trump’s “America First” agenda. In the process, these...more

Mayer Brown

UK Weekly Sanctions Update - Week of April 28, 2025

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In this weekly update, we summarise the most notable updates in the UK sanctions world. RUSSIA SANCTIONS - UK Government amends one entry on UK sanctions list under the Russia regime: On May 1, 2025, the UK Government...more

Gould + Ratner LLP

Riding the Tariff Roller Coaster: Considerations for Construction

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“What goes up might take us upside down. Life ain’t a merry-go-round; it’s a roller coaster.” – Bon Jovi The song may not have been about international trade, but the lyrics are certainly fitting for today’s unpredictable...more

Mayer Brown

Russia/Ukraine Sanctions Update - Month of April 2025

Mayer Brown on

I. U.S. SANCTIONS  - White House Reportedly Considering Lifting Sanctions on Russian Energy Assets: On April 23, Politico reported that the White House is debating lifting sanctions on Russia’s Nord Stream 2 natural gas...more

Mayer Brown

UK Weekly Sanctions Update - Week of April 14, 2025

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In this weekly update, we summarise the most notable updates in the UK sanctions world. If you have any questions in respect of any of the developments set out below, please do not hesitate to contact a member of our London...more

Blake, Cassels & Graydon LLP

Ontario : Application de la Politique de restriction en matière d’approvisionnement aux approvisionnements énergétiques dans le...

Le 8 avril 2025, le ministre de l’Énergie et des Mines de l’Ontario a publié une lettre (la « lettre du ministre ») demandant notamment à la Commission de l’énergie de l’Ontario et à la Société indépendante d’exploitation du...more

A&O Shearman

A new era of global trade tensions

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On April 2, 2025, after weeks of speculation and heightened geopolitical tension, President Trump announced sweeping global tariffs on what he dubbed “Liberation Day”. The tariffs included a baseline universal tariff of 10%...more

Vedder Price

USTR Proposes Actions Pursuant to Section 301 Investigation Against Chinese-Built Ships

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The United States is no longer the global power in shipbuilding that it once was, but under the Trump Administration, this may change, and for the better, at least perhaps as far as U.S. shipbuilding is concerned....more

Stikeman Elliott LLP

Government of Ontario Restricts United States Businesses from Participation in Public Sector Procurements

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The Government of Ontario has issued the Procurement Restriction Policy (the “Policy”) which aims to restrict U.S. businesses from accessing public sector procurements in Ontario, including public procurements administered by...more

Mayer Brown

UK Weekly Sanctions Update - Week of April 7, 2025

Mayer Brown on

In this weekly update, we summarise the most notable updates in the UK sanctions world. If you have any questions in respect of any of the developments set out below, please do not hesitate to contact a member of our London...more

Jones Day

China Boosts Enforcement of Anti-Foreign Sanctions Law

Jones Day on

China has recently taken several actions showing its commitment to counter trade restrictions imposed by other countries. In March 2025, it released regulations implementing the 2021 Anti-Foreign Sanctions Law. In tandem with...more

Akin Gump Strauss Hauer & Feld LLP

Modifying Reciprocal Tariff Rates to Reflect Trading Partner Retaliation and Alignment

This order suspends country-specific ad valorem rates of duty enumerated in the executive order titled “Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual...more

Wiley Rein LLP

Trump Reduces Global Reciprocal Tariffs but Increases Them for China

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On April 2, 2025, the President announced the imposition of reciprocal tariffs on goods imported into the United States from a broad range of countries at an initial 10% rate. Higher rates for specific countries were...more

Thomas Fox - Compliance Evangelist

Daily Compliance News: April 14, 2025, The Cascade of Corruption Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy your morning coffee, and listen to the Daily Compliance News. All from...more

Eversheds Sutherland (US) LLP

US-China trade war – More tit-for-tat: China’s comeback - April 2025

In recent weeks, the global trade environment has experienced an unprecedented level of volatility and uncertainty due to a series of new trade policies announced by the US.  Those actions have triggered responses by the US’...more

Thomas Fox - Compliance Evangelist

Daily Compliance News: April 11, 2025 The Tariff Rollback Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen to the Daily Compliance News—all...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - April 2025 - How the Trump Administration Pushed China Deeper into Latin America

Donald Trump’s first term in office pursued an aggressive foreign policy toward China, imposing tariffs, restricting technology transfers, and accusing Beijing of unfair trade practices. However, one unintended consequence of...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - April 2025 - 2025 Trade Policy Agenda Provides Rationale for Trump Tariff Actions

On March 3, 2025, the Office of the United States Trade Representative (USTR) released the 2025 Trade Policy Agenda and 2024 Annual Report by the United States Trade Representative of the President of the United States on the...more

Mayer Brown

Europe Daily News, 07 April 2025

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COMPETITION - Commission approves Safran's acquisition of part of Collins Aerospace's actuation business, subject to conditions (M.11253)... Commission clears acquisition of Bridewell by Oakley Capital and Eurazeo...more

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