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On March 26, President Trump issued Proclamation 10908, “Adjusting Imports of Automobiles and Automobile Parts Into the United States” (Proclamation), imposing a 25% additional tariff on imports of passenger vehicles, light...more
xAfter weeks of mixed signals from the Trump administration regarding tariffs, President Trump has imposed new tariffs on automobiles and reciprocal tariffs on nearly all imported goods. While the new announcements provide...more
The White House announced new tariffs on imports of automobiles and auto parts under Section 232. The new Presidential Proclamation and Fact Sheet issued on March 26, 2025, establishes a structure for rolling out this action...more
On March 26, the Trump Administration announced a sweeping new trade action: a 25% tariff on imported automobiles and certain automobile parts from all countries, under Section 232 of the Trade Expansion Act of 1962....more
President Trump issued two major tariff-related executive orders in the past 48 hours. The first, pursuant to the International Emergency Economic Powers Act (IEEPA), authorizes the Secretary of State to impose tariffs on...more
On March 26, 2025, President Trump imposed 25 percent tariffs on practically all automobiles and automobile parts not manufactured in the U.S. The automobile tariff is effective April 3, 2025. The automobile parts tariff must...more
The Trump administration has announced a 25% tariff on imported passenger vehicles and auto parts — on top of existing duties — potentially reshaping pricing, sourcing and production strategies across the auto industry. The...more
On March 26, 2025, President Donald Trump signed a proclamation imposing a 25% tariff on imports of automobiles (including passenger vehicles, i.e., sedans, SUVs, crossovers, minivans, cargo vans, and light trucks) and...more
A mounting death toll (over 106 and counting) and fears of a coronavirus pandemic sent markets tumbling early on Monday and kicked off a selloff that continued all day....more
On May 17, 2019, President Trump announced two significant trade developments. First, the President announced his determination in the national security investigation of imports of autos and auto parts under Section 232 of...more
Prospects for a trade agreement between the United States and the European Union improved when the European Parliament’s International Trade Committee passed a resolution calling for the initiation of formal trade discussions...more
On April 3, 2018, President Trump’s U.S. Trade Representative released a list of 1300 categories of Chinese goods that will be subject to 25% tariffs. That followed a tit-for-tat exchange in which President Trump announced a...more