Hot Topics in International Trade - What it means to believe
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Key Takeaways - New 25 Percent Tariff on Indian Imports: Starting August 27, 2025, the U.S. will impose a 25 percent tariff on certain products from India, in addition to existing duties....more
As the Trump administration continues to roll out its sweeping tariff policy, the North American energy industry is working to address the effects of the President’s tariff strategy. The Trump administration intends to...more
The Department of Energy’s Request for Information seeks input for the 2026 Energy Critical Materials Assessment (CMA), which will identify materials critical for energy based on two primary factors: importance to energy and...more
Authorizes Junction Pipeline Company, LLC to construct, connect, operate, and maintain a 30-inch cross-border pipeline in Toole County, Montana, for the import of crude oil and petroleum products from Canada, excluding...more
President Trump has used tariffs as a significant point of geopolitical leverage since the beginning of his second term. Indeed, his administration dubbed April 2, 2025 “Liberation Day” in honor of a sweeping set of tariffs...more
President Trump's pursuit of U.S. energy dominance, coupled with Canada's response to proposed tariffs, has thrown North American energy markets into uncertainty. With diplomatic and economic tensions mounting between the two...more
U.S. grid operators and policymakers are rushing to prepare for the Trump Administration’s threatened tariffs on imported Canadian electricity and the Canadian reaction, an unprecedented state of affairs disrupting one of the...more
President Trump has announced that his administration will be increasing tariffs on Canadian steel and aluminum from 25% to 50%. The announcement comes on the heels of Ontario Premier Doug Ford’s imposition of a new tax on...more
On February 1, 2025, President Trump issued an executive order titled Imposing Duties to Address the Flow of Illicit Drugs Across Our Northern Border (Canadian Tariff Order), which, inter alia, imposed a 10 percent import...more
After the pause on the 25% tariffs on Mexican and Canadian imports expired on Tuesday, March 4, 2025, all Canadian and Mexican imports (with the exception of some energy imports at a lower rate) were subject to a 25%...more
Effective as of 12:01 a.m. EST, Tuesday, March 4, 2025, the United States imposes 25 per cent tariffs on almost all goods imported from Canada. A lower tariff of 10 per cent is imposed on Canadian energy and resource products...more
The executive order directs the Secretary of Commerce to conduct an investigation pursuant to Section 232 of the Trade Expansion Act of 1962 regarding “the effects on national security of imports of copper in all forms,”...more
Following a meeting last Thursday, February 13th between Donald Trump and Indian Prime Minister Narendra Modi, India and the US agreed to begin talks on a bilateral trade deal that could help resolve the countries’ standoff...more
For more than twenty years, the North American Free Trade Agreement (“NAFTA”), and later, the United States‑Mexico-Canada Agreement (“USMCA”), have facilitated cross-border trade and investment among the United States,...more
In his first tangible action implementing his campaign promise to impose broad tariffs, on February 1, 2025, President Trump issued three Executive Orders (the EOs) directing that across-the-board tariffs be imposed on goods...more
Recent statements by President Trump suggest that next week could bring multiple and significant tariff announcements. Today, in a meeting with visiting Japanese Prime Minister Shigeru Ishiba, the President promised to...more
On February 4, 2025, China announced it would impose additional tariffs on certain US imports from February 10, 2025 in retaliation to President Trump's executive order issued under the International Emergency Economic Powers...more
China announced overnight that it will impose its own tariffs in retaliation for the newly announced U.S. tariffs. China has indicated that, effective February 10, 2025, it will impose a 15% tax on certain types of coal and...more
On February 4th, in response to President Trump imposing 10% tariffs on all Chinese imports, China announced a number of retaliatory tariff and non-tariff actions. Retaliatory tariff actions: China announced a 15% tariff on...more
Trump’s second term is expected to potentially disrupt the Inflation Reduction Act (IRA) and impose sweeping tariffs and other import restrictions. The impacts on the supply chain and tax credits may raise procurement costs...more
Republicans have swept the 2024 elections, returning Donald Trump to the White House as the 47th President and flipping the Senate to a Republican majority. Having narrowly maintained control of the House of Representatives,...more
U.S. Shale Producers Race for Federal Permits Ahead of Presidential Election - "Federal permitting in the largest U.S. oilfield in the Permian Basin, located in Texas and New Mexico, is up 80 percent in about the last three...more
Environmental, Tribal Groups Sue to Block Alaska Refuge Drilling - "More than a dozen environmental groups and one representing northeast Alaskan tribal villages sued the Trump administration over a plan to open the...more
Industry Expert Insights - We reached out to one of our Lex Mundi partners and a well-known expert in the United Arab Emirates in the energy and legal industries to get his thoughts on the current energy climate. ...more
Trump Infrastructure Proposal Impacts 'Virtually Every' Federal Decision on Environment: DOI Secretary - "Trump's announcement focused largely on road and highway impacts, but industry groups and environmentalists note the...more