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In April, companies were faced with addressing the impacts of tariffs and a global trade war, as discussed in our April 8, 2025 post. Companies now find themselves grappling with the need to re-address these issues in light...more
How are you advising businesses in your jurisdiction when protecting themselves from the impact of trade wars and sanctions, and what strategies can professional services firms offer to mitigate these risks?...more
We continue to follow the U.S.-Canada trade dispute, in the context of the changing global trade situation, and will continue to update the following as required. This post updates the situation to include (i) the U.S....more
The threat of a looming trade war has left United States importers scrambling for tools to help ameliorate the impact of customs duties. In many ways we are entering a higher-cost operating environment. ...more
The White House has kicked off what appears to be a global trade war. The near-term net effect is the growing reality that we are entering a higher-cost operating environment for most industries. Volatility is always a...more
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
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
Question 1: How are you advising businesses in your jurisdiction when protecting themselves from the impact of trade wars and sanctions, and what strategies can professional services firms offer to mitigate these risks? ...more
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
Bob Brewer, VP Marketing/NBD discusses the current global tariff landscape with BLG Of Counsel Jim Holbein. Also of focus, the U.S. and the current relationship with China regarding the ongoing trade war....more
In the face of US tariffs on steel, aluminium, autos and autoparts, the threat of resumption of so-called “reciprocal” tariffs and investigations concerning tariffs on products ranging from pharmaceuticals to wood, the EU...more
In a Joint Statement released early Monday following weekend negotiations in Geneva, the United States and China announced mutual commitments to pause the tariffs applicable to each other’s goods. The parties committed to...more
We previously reported on the reciprocal tariffs on ALL countries issued by President Trump in early April. Over the weekend, the U.S. and China agreed to temporarily reduce tariffs amid a looming recession triggered by an...more
The European Union (EU) has proposed additional retaliatory tariffs on €100 billion of imports from the United States, if negotiations are unsuccessful. The list includes aircraft, vehicles, agricultural products, medical...more
We continue to follow the U.S.-Canada trade dispute, in the context of the changing global trade situation, and will continue to update the following as required. This post updates the situation to include (i) the Government...more
In response to the Trump administration’s announcement of a fentanyl-related tariff on products from China at 10%, China took the following actions on February 4, 2025: New Tariff: PRC State Council Tariff Commission...more
“President Donald Trump often cites the great personal relationship he has forged with Chinese President Xi Jinping. But before he is able to engage in his signature ‘art of the deal,’ he needs a willing negotiating partner....more
Following up on our previous article, "To Tariff, or Not to Tariff", the President issued a new Executive Order on April 15 requesting the Secretary of Commerce commence an investigation into the national security risks from...more
Not long after starting his second term, U.S. President Donald J. Trump announced tariffs on numerous imports from some of the nation’s major trading counterparties, with tariff amounts varying depending on the country and...more
To keep track of the Trump Administration tariff plans and actions requires vigilance. The difficulty in monitoring daily tariff actions and the impact is a challenge to all trade compliance officers. Here is the best list...more
Welcome to the April 2025 edition of Plugged In! As EV manufacturers face delays, funding dips, and shifting policies, the industry is recalibrating to weather short-term turbulence and gear up for long-term growth. From...more
Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements. Whether you’re a seasoned...more
It is the end of an unprecedented week in trade that roiled financial markets and challenged businesses trying to assess the impacts on their supply chains....more
President Trump’s hot and cold attitude towards tariffs continues to cause confusion and an inability to plan ahead. On April 2, President Trump imposed so-called reciprocal tariffs, which included a baseline tariff on all...more
In the tit for tat trade war with China, let's recall the Hollywood movie that made the line famous....more