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Daily Compliance News: April 14, 2025, The Cascade of Corruption Edition
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After challenging negotiations and rising tariff tensions, the U.S. and Japan have reached a trade deal. This agreement precedes the August 1st tariff deadline, preventing a scheduled 25% tariff increase on Japanese...more
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
Welcome to Industrials Regulatory News and Trends. In this regular bulletin, DLA Piper lawyers provide concise updates on key developments in the industrials sector to help you navigate the ever-changing business, legal, and...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
On Monday, June 16, while at the G7 Summit in Alberta, Canada, President Trump signed an agreement with the U.K. to lower tariffs on certain British imports including automobiles and aerospace products. The agreement,...more
On May 8, 2025, the United States and United Kingdom (UK) unveiled the new trade terms of an “economic prosperity” deal. This deal comes after President Trump imposed a 10% reciprocal tariff on all products from the UK and...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
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
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
Le 2 avril 2025, le président Trump a signé un décret imposant des tarifs douaniers « réciproques » sur les importations aux États-Unis (disponible en anglais seulement); ce décret établit des tarifs douaniers de base de 10 %...more
On April 2, 2025, President Trump signed executive order Regulating Imports with a Reciprocal Tariff, establishing a 10% baseline tariff on most worldwide imports to the United States and higher tariffs on approximately 60...more
In fewer than three months, the Trump administration has upended decades of US trade policy and practice in the wake of the administration’s America First Trade Policy articulated in the January 20, 2025, Presidential...more
On April 3, 2025, during the presidential daily morning briefing, Mexico’s President Claudia Sheinbaum responded to the import tariffs announced the day before by President Trump, which targeted several countries. She...more
Foley & Lardner partner Vanessa Miller commented on the Trump administration’s imposition of automotive tariffs in the Associated Press article, “Trump’s latest auto tariffs explained: What car buyers should know this year.”...more
On March 26, 2025, President Donald Trump announced a new set of 25% tariffs on all automobiles imported as of midnight April 3, 2025. But the tariffs issued will be imposed on more than just automobiles. The tariffs will...more
Foley & Lardner provided key takeaways from its recent Brainwaves event hosted in Detroit with the Society of Automotive Analysts, 100 Days and Beyond: Presidential Policy Shifts Impacting Automotive. Visit Foley & Lardner’s...more
No new tariffs have been implemented this week. But, President Trump has publicly committed to rolling out reciprocal tariffs, as well as tariffs on automobiles, on April 2. While only limited details have been released as to...more
Editor’s Note - Welcome to the March 2025 edition of Plugged In! In this edition, we kick off with an article from Mark Heusel on the automotive industry’s most pressing issue right now – tariffs and their sweeping impact....more
The White House announced on Wednesday, after President Trump met with the leaders of General Motors, Ford Motor, and Stellantis, that certain automobiles imported from Mexico and Canada will not be subject to the 25% tariffs...more
The 25% tariffs on imports from Canada and Mexico went into effect this week on Tuesday, March 4. Today, it appears there may be an exemption coming for the auto sector. This afternoon President Donald Trump’s spokesperson...more
President Trump told reporters at Mar-a-Lago that he would likely announce tariffs on April 2 on imports of automobiles, semiconductors, and pharmaceuticals, starting at 25 percent. He added that such tariffs would “go very...more
Foley is here to help you through all aspects of rethinking your long-term business strategies, investments, partnerships, and technology...more
As of now, the start of 2025, there are several Chinese industrial parks in Mexico, with notable examples including the Hofusan Industrial Park near Monterrey, which hosts manufacturing plants for ten Chinese companies. When...more