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The pressure of the country specific reciprocal tariffs continues to have an effect on the negotiations high-tariffed countries are having with the Trump Administration. Today, the White House released the details of the...more
The Office of the United States Trade Representative (“USTR”) has issued a Federal Register notice requesting written comments and scheduling a public hearing to inform its annual Report to Congress on the People’s Republic...more
In the past several weeks the Trump Administration has taken multiple actions on tariffs, based on several different legal authorities. The landscape is shifting almost continuously, and more changes are likely coming....more
With the country-specific and baseline reciprocal tariff rates now in effect for most U.S. trading partners, the Trump Administration continues to discuss a trade deal with China to reduce the tariffs that could be imposed by...more
President Trump signed the Executive Order on July 31 imposing the country-specific reciprocal tariff rates. Those rates will take effect on August 7, 2025 for most imports. The Executive Order maintains a baseline 10% tariff...more
Provided below is a status update and summary of tariffs that have been implemented since February 1, 2025, and impacts on imports from multiple countries. IEEPA (Fentanyl) Tariffs- IEEPA tariffs were announced on...more
We are one week away from the re-imposition of the country specific reciprocal tariffs and U.S. trading partners continue to jockey for trade deals with the U.S. government. The latest victor in this race is Japan. The Trump...more
On July 15, the Office of the US Trade Representative (USTR) announced the initiation of a Section 301 investigation into Brazil’s trade practices to determine whether certain acts, policies, and practices of the Brazilian...more
On Wednesday, July 9, President Trump issued letters to eight additional trade partners notifying them of their country-specific reciprocal tariff rates that will go into effect on August 1. An updated reciprocal tariff chart...more
If the White House wants tariffs, but the courts strike down the Reciprocal Tariffs, what other options are out there? This is the question we asked ourselves and the answer is: there are plenty of other options. If it...more
On the Monday after Independence Day weekend, President Trump’s Liberation Day tariffs returned to the spotlight as the suspension of country-specific reciprocal tariffs is set to expire on July 9. The President issued an...more
As of June 19, 2025, U.S. import tariffs vary widely depending on the product and country of origin. Goods from China face layered duties, including Section 301 tariffs ranging from 7.5% to 100% (with electric vehicles hit...more
Following the conclusion of a two-day negotiation held in London, representatives of the United States and China announced that the countries have reached a “framework” trade agreement, which is now awaiting approval from...more
After announcing and then pausing the implementation of wide-ranging reciprocal tariffs last month, the Trump Administration has recently taken notable steps aimed at recalibrating and improving U.S. trading relationships....more
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
In a Joint Statement released early Monday following weekend negotiations in Geneva, the United States and China announced mutual commitments to pause the tariffs applicable to each other’s goods. The parties committed to...more
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
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
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
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
On April 9, 2025, President Trump issued an Executive Order “Modifying Reciprocal Tariff Rates to Reflect Trading Partner Retaliation and Alignment” (“the E.O.”) amending prior executive orders imposing “reciprocal tariffs”...more
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
“President Trump's reciprocal tariffs have introduced significant uncertainty into the economy. The one certainty though is that Trump loves tariffs and they will therefore likely continue to play a central role in his...more
On 2 April 2025, President Trump announced a series of “reciprocal” tariffs on US imports from all countries. The tariffs apply at different rates by country, starting at a baseline of 10% and reaching as high as 50%....more
On April 2, 2025, President Donald Trump issued an executive order (the Reciprocal Tariffs Executive Order or Executive Order) imposing a 10% baseline reciprocal tariff on nearly all U.S. trading partners, effective April 5,...more