News & Analysis as of

Trade Relations Imports

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

Arnall Golden Gregory LLP

[Webinar] Mitigating the Impact of Tariffs: A Practical Guide for Life Sciences Companies - June 17th, 12:00 pm - 1:00 pm EDT

AGG partner and Life Science team member, Allison Raley, will present a complimentary webinar examining how life sciences companies can overcome challenges in the face of U.S. tariffs. As international trade tensions persist...more

Foley & Lardner LLP

What Every Multinational Company Should Know About … The Current Trump Tariff Proposals (June 2025 Update)

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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

Clark Hill PLC

CHPS Podcast Episode 4: Tariffs and Trade Impact

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Join Chris White on the latest episode of CHPS of Insight as he chats with Kelsey J. Christensen, an attorney with Clark Hill's International Trade group and a Director of Clark Hill Public Strategies. This episode delves...more

Gray Reed

UPDATE: Status of Tariffs on China

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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

Alston & Bird

President Trump Threatens Tariffs on Apple and the EU

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On Friday, President Trump threatened to impose a tariff of 25 percent or more on iPhones made outside the United States.  The threat may foreshadow the outcome of the ongoing Section 232 investigation on semiconductors....more

K&L Gates LLP

The Trump Administration Announces Trade Agreement With the United Kingdom

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On 8 May 2025, US President Donald Trump and UK Prime Minister Kier Starmer announced an agreement on General Terms of the Economic Prosperity Deal (EPD) between the United States and the United Kingdom. Although not a...more

Wilson Sonsini Goodrich & Rosati

Do April Tariff Showers Bring May Trade Deal Flowers?

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 Volkov Law Group

Episode 369 -- Stepping Into the Enforcement Spotlight -- Customs and Border Patrol and Import Enforcement

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What if your next import shipment becomes the centre of a federal enforcement action — not because of criminal intent, but because of a mistake? In today’s episode, Michael Volkov breaks down the expanding power and reach of...more

McGuireWoods LLP

U.S. and China Move to Lower Tariffs, Relieve Supply Chain Pressures, Costs for Businesses

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The United States and the Republic of China announced a significant step toward easing longstanding trade tensions, with both nations agreeing to lower a series of tariffs imposed during the ongoing trade dispute. The...more

White & Case LLP

United States and China Agree to Partially De-escalate April Tariffs

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On May 12, 2025, the United States and China issued a joint statement in Geneva outlining an agreement to de-escalate from the latest rounds of tariff increases. The arrangement reduces tariffs back to the levels of the...more

Troutman Pepper Locke

Temporary Reduction of Reciprocal Tariffs on Chinese Goods Following US-China Trade Truce

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On May 12, President Trump issued an executive order, “Modifying Reciprocal Tariff Rates to Reflect Discussions with the People’s Republic of China” (the Order), temporarily lowering reciprocal tariffs on Chinese imports that...more

Lathrop GPM

U.S.-China Trade Update: Trade Deal Brings Tariff and Policy Changes

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This information was current as of 8:00 a.m. CT, May 15, 2025. We will update as changes occur. On May 12, 2025, the United States and China jointly announced a temporary trade agreement aimed at de-escalating ongoing...more

Benesch

Trade Deal Q&A - China and UK Developments and Impacts

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Potential clarity on reciprocal tariff expectations may be emerging after framework trade deals announced with China and the United Kingdom. On May 12, 2025, the White House issued a Fact Sheet and Executive Order (“EO”)...more

Warner Norcross + Judd

U.S. and U.K. Trade Update

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The United States and the United Kingdom have agreed to ease the trade tension between the two countries by deciding to implement a few sectoral measures related to automotive, agriculture and overall access to each other’s...more

ArentFox Schiff

US-China Tariff Truce? 90-Day Pause Begins May 14

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On May 12, the United States and the People’s Republic of China announced a temporary 90-day agreement to roll back some of the reciprocal tariffs increases imposed in April. The agreement decreases the China reciprocal...more

Polsinelli

United States and China Announce Temporary 115 Percent Reduction in Tariffs While Trade Discussions Continue

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After negotiations over the weekend in Geneva, Switzerland, the United States and China reached a new trade deal on Monday, May 12, 2025, to temporarily slash tariffs on each country’s goods by 115 percent for the next 90...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

Alston & Bird

Look Ahead to the Week of May 12, 2025: House Republicans Rush to Advance Reconciliation Package

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Both chambers are in session this week. Beginning on Tuesday, House Republicans plan to hold legislative markups of their reconciliation proposal within the Energy and Commerce, Ways and Means, and Agriculture committees,...more

Husch Blackwell LLP

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

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On May 11, 2025, the U.S. announced that it had reached an agreement with China to mutually reduce tariffs against each country for 90 days. The reduced rates, discussed below, will take effect for goods entered on or after...more

Mayer Brown

European Commission Initiates Consultation on New Retaliation in Response to US Tariffs

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INTRODUCTION - On 8 May 2025 the European Commission announced a consultation on potential countermeasures in response to recent US tariffs on EU products. This development is part of ongoing trade tensions between the EU...more

Akin Gump Strauss Hauer & Feld LLP

EU Publishes New List of Products that Could be Subject to Retaliatory Tariffs and Invites Comments from Stakeholders

On Thursday, the European Commission opened a public consultation on a proposed list of U.S. imports that could face European Union (EU) countermeasures if current negotiations between the EU and the U.S. fail to reach a fair...more

Kelley Drye & Warren LLP

[Webinar] Trump, Trade, and Tariffs - May 14th, 12:00 pm - 1:00 pm EDT

Join Kelley Drye partners Paul Rosenthal and Jennifer McCadney for a timely webinar on the Trump administration’s sweeping new and proposed tariff programs. This session will provide insights into overlapping trade actions,...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

Perkins Coie

New Executive Order Addresses Tariff “Stacking”

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President Trump recently imposed a wide variety of tariffs on U.S. imports....more

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