Hot Topics in International Trade - What it means to believe
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For decades, supply chain planning, sourcing decisions, and landed cost analysis relied on stable and predictable duties and tariffs, along with carefully crafted and well implemented trade agreements such as USMCA. ...more
On April 2, 2025, the Trump administration imposed one of the largest set of tariffs in U.S. history, dubbed “Liberation Day.” These so-called reciprocal tariffs are another step in the administration’s broad imposition of...more
Just after midnight on March 4, 2025, President Donald Trump began to implement new tariffs on goods imported from Mexico, Canada, and China – the three largest trading partners of the US, accounting for over 40 percent of US...more
Tuesday, President Trump announced the implementation of new tariffs targeting imports from Canada, Mexico, and China, making good on his promise last month in the event measures were not taken by these countries to stem the...more
As of March 12, 2025, this order: Terminates the alternative arrangements under Section 232 for exempt countries (Argentina, Australia, Mexico, Canada, the EU, and the UK)....more
As of March 12, 2025, this order: Terminates the alternative arrangements under Section 232 for exempt countries (Argentina, Australia, Brazil, Canada, EU countries, Japan, Mexico, South Korea, the United Kingdom, and...more
Recent announcements by former U.S. President Donald Trump regarding the potential imposition of import duties on goods from Mexico have created uncertainty for many companies dealing with the IMMEX program.Trump first...more
Trump says he’ll impose 25% tariffs on steel, aluminum. News broke on Sunday that President Trump decided to impose 25% duties on steel and aluminum from all countries, sending companies scrambling to assess the potential...more
On February 1, 2025, President Trump imposed 25% tariffs on most imports from Canada and Mexico, as well as 10% tariffs on Canadian energy products and imports from China. The primary immediate impact of the new tariffs will...more
In this continued era of protectionist and mercantilist trade policies arising from the United States, there are strategies that can be carefully evaluated and pursued to maximize Customs duty savings when importing. This...more
In today’s complex global marketplace, businesses are increasingly confronted with the challenges of supply chain disruptions, rising costs, and fierce competition—all exacerbated by trade remedy tariffs. While many of these...more
Key Takeaways: • Threatened 25% tariffs on French luxury goods are suspended. • USTR is still looking at tariffs in retaliation for taxes on U.S. global tech companies. • Biden’s new USTR will face immense pressure to...more
On July 10, 2020, the U.S. Trade Representative (USTR) announced that it would impose a 25 percent additional duty on certain cosmetics, soaps and cleansing products, and handbags that are products of France, valued at $1.3...more
On April 19, U.S. Customs and Border Protection (CBP) announced the rollout of a 90-day duty deferral program for importers experiencing significant financial hardship. The temporary relief is limited in scope because it does...more
With the recent U.S. election finally reaching its close, the unexpected election of Mr. Trump has left many multinational companies wondering how the change in administration will impact their business operations. One of the...more