News & Analysis as of

Trade Relations Trump Administration Imports

Baker Botts L.L.P.

Trump Tariff Tracker -- July 23

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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

Warner Norcross + Judd

Potential New Tariff Rates for Canada, Mexico, the EU and Copper Products

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Last week, the Trump administration sent letters to some of the country’s largest trading partners threatening to impose new tariff rates unless agreements were reached before Aug. 1. While the rates for each country vary,...more

Vinson & Elkins LLP

What Importers Should Know if US Tariffs Are Overturned

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Since President Donald Trump took office for his second term, the tariff landscape has changed dramatically. Trump is the first US president to exercise his authority under the International Emergency Economic Powers Act...more

Troutman Pepper Locke

Pause on Higher Reciprocal Tariff Rates Extended to August 1

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On July 7, 2025, President Trump signed an executive order (the Order) once again extending the temporary suspension of reciprocal tariffs that were originally set forth in his April 2 “Liberation Day” Executive Order 14257...more

Kelley Drye & Warren LLP

President Trump Announces New Country-Specific Reciprocal Tariffs

On Monday, President Trump announced new country-specific reciprocal tariff rates for a number of trading partners in a series of letters posted to Truth Social. President Trump also signed an executive order that further...more

Sheppard Mullin Richter & Hampton LLP

A Time Machine and a Bag of Hammers: U.S. Tariffs are not Over

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

Clark Hill PLC

President Trump announces sweeping new tariff rates on key trading partners

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On July 7, President Donald J. Trump signed an executive order extending the current pause on reciprocal tariffs through August 1, 2025, postponing implementation of country-specific reciprocal rates until that time. The...more

Alston & Bird

Liberation Day Encore Week

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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

Brownstein Hyatt Farber Schreck

President Trump Sends Letters Updating Tariffs; Extends “Reciprocal” Tariff Pause to Aug. 1

On July 7, President Trump began sending letters to select U.S. trading partners informing them of new “reciprocal” tariff rates that will be effective Aug. 1. These letters update the rates that the recipient country was...more

Husch Blackwell LLP

Reciprocal Tariff Rates Pushed Back to August 1st

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On Monday, July 7th, President Trump issued an Executive Order extending the deadline to re-impose higher reciprocal tariff rates on other countries from July 9, 2025 to August 1, 2025. This extension does not apply to the...more

Holland & Knight LLP

Status of U.S. Bilateral Trade Negotiations as the July 9 Deadline Approaches

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As the July 9, 2025, end date for President Donald Trump's suspension of country-specific reciprocal tariffs draws near, stakeholders should consider where ongoing bilateral negotiations stand, what the potential outcomes may...more

Ice Miller

Trade In Limbo: The Legal Storm Reshaping Trump's Tariffs

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In the final days of May, decisions in two significant court actions — V.O.S. Selections Inc. v. U.S. and Learning Resources Inc. v. Donald Trump — affected the tariff and trade landscape. If the courts' rulings are not...more

Benesch

INCOTERMS - More Relevant to Procurement and Sales Than Ever Before

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The INCOTERMS published by the International Chamber of Commerce (ICC) have long served the international community by offering a “shorthand” for communicating key shipping terms. The ICC most recently issued the 2020 version...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - June 2025 - U.S.-China Trade Relations: An Update on Tariffs

Since Trump’s first term, tensions between the United States and China, the world’s two largest economies, have been on the rise. President Trump ran for his second presidential term on a promise to reduce reliance on China –...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - June 2025 - Tariffs and the Future of U.S. Beef

On April 2, 2025, President Trump announced reciprocal tariffs, setting a baseline rate of 10% on imports from all countries, with higher rates on dozens of countries which the United States (U.S.) runs trade deficits....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

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

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

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