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On May 28, 2025, the United States’ Court of International Trade (CIT) struck down the President’s use of the International Economic Emergency Powers Act (IEEPA) to impose tariffs. This includes tariffs imposed on Canada,...more
On May 28, 2025, the U.S. Court of International Trade (CIT) ruled that President Trump lacks authority under the International Emergency Economic Powers Act (IEEPA) to impose his most sweeping tariffs against U.S. trading...more
Depuis le 1er février 2025, le président des États-Unis Donald Trump a publié un certain nombre de décrets-lois imposant des tarifs douaniers à des pays du monde entier, dont le Canada. Alors que le paysage tarifaire est en...more
On May 28, 2025, a three-judge panel of the U.S. Court of International Trade (CIT) invalidated President Trump's tariffs declared under the International Emergency Economic Powers Act (IEEPA). The next day, the U.S. Court of...more
President Trump exceeded his emergency authority when he imposed tariffs on Canadian, Chinese, and Mexican origin goods citing border issues, and global reciprocal tariffs the U.S. Court of International Trade (“CIT”) said on...more
On May 28th, 2025, the Court of International Trade issued a judgment striking down several of the worldwide tariffs imposed by President Trump in the first and second quarters of 2025. ...more
On May 28, 2025, the United States Court of International Trade (“CIT”) determined that the Trump administration’s use of the International Emergency Economic Powers Act (“IEEPA”) to impose (1) overly broad worldwide...more
A three-judge panel of the U.S. Court of International Trade ruled on Wednesday, May 28, that tariffs imposed under the International Emergency Economic Powers Act (IEEPA) – namely the tariffs on Canada, Mexico, and China to...more
Foley is here to help you through all aspects of rethinking your long-term business strategies, investments, partnerships, and technology....more
In The Matrix, the red pill means choosing to see the real world, even if it exposes the brutality of harsh reality, whereas the blue pill means choosing blissful ignorance and returning to the simulation. In the recent...more
On April 2, 2025, President Trump issued Executive Order (EO 14257), Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits. In...more
Well, Phase One is official, thanks to a White House signing yesterday that included Chinese Vice Premier Liu He. With that act comes our first substantive look at the deal that’s been thus-far shrouded in secrecy. Some...more
Fed Chair Powell was far from the main attraction on the Hill yesterday, but hey, let’s keep it on topic here and note his belief that the U.S. economy is performing well even as certain risks—including “sluggish growth...more
Talks between General Motors and the striking UAW broke down yesterday, threatening the progress the two sides “appeared to make in recent days,” a troubling sign as the strike heads into its 4th week....more
WeWork’s drama in past weeks—which includes a planned and postponed public offering thanks to rough financials and dicey corporate governance—is prompting the company to consider swapping out founder Adam Neumann as CEO to...more