News & Analysis as of

US Trade Policies Trump Administration

Baker Botts L.L.P.

Trump Tariff Tracker -- July 16

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President Trump continues to issue letters to countries notifying them of the tariff rates they will be subject to come August 1. For the United States’ most important trading partners, Canada, Mexico and the EU, this means...more

Cozen O'Connor

Cozen Currents: Is Three a Crowd?

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“Elon Musk is the richest man in the world and has repeatedly defied naysayers in accomplishing what was deemed impossible. But even for Musk, establishing a viable and sustainable third political party to rival the GOP and...more

Warner Norcross + Judd

Potential New Tariff Rates for Canada, Mexico, the EU and Copper Products

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Last week, the Trump administration sent letters to some of the country’s largest trading partners threatening to impose new tariff rates unless agreements were reached before Aug. 1. While the rates for each country vary,...more

Vinson & Elkins LLP

What Importers Should Know if US Tariffs Are Overturned

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Since President Donald Trump took office for his second term, the tariff landscape has changed dramatically. Trump is the first US president to exercise his authority under the International Emergency Economic Powers Act...more

ArentFox Schiff

As the (Customs and Trade) World Turns: July 2025

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Welcome to the July 2025 issue of “As the (Customs and Trade) World Turns,” our monthly newsletter where we compile essential updates from the customs and trade world over the past month. We bring you the most recent and...more

Alston & Bird

Renewed Trade Offensive Continues: White House Announces 50% Tariffs on Copper, Previews Duties on Pharma and Chips

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Section 232 Investigation Ends with 50% Duties on Copper - On Tuesday, July 8, President Trump told reporters that he would soon announce a 50% tariff on copper—the result of a Section 232 Investigation into U.S. copper...more

Kelley Drye & Warren LLP

Trump Issues Reciprocal Tariff Letters to 8 Additional Trade Partners

On Wednesday, July 9, President Trump issued letters to eight additional trade partners notifying them of their country-specific reciprocal tariff rates that will go into effect on August 1. An updated reciprocal tariff chart...more

Brownstein Hyatt Farber Schreck

UPDATED: President Trump Sends Letters Updating Tariffs; Extends Tariff Pause to Aug. 1

On July 7, President Trump began sending letters to select U.S. trading partners informing them of new “reciprocal” tariff rates that will be effective Aug. 1. These letters update the rates that the recipient country was...more

Husch Blackwell LLP

Week Twenty-Four in Trade

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President Trump Announces Higher Tariff Rates Effective August 1st- After announcing an extension of the reciprocal tariff rates from July 9, 2025, to August 1,2025, President Trump published letters which were sent to...more

Jenner & Block

Client Alert: A Survey of How Public Companies are Providing Guidance in Light of Tariffs

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In recent days, the Trump administration has proposed additional tariffs, causing further uncertainty for many public companies. As companies approach their current quarterly guidance, we took a data-driven approach to see...more

Frost Brown Todd

One Big Beautiful Bill Act Cuts the Power: Phase‑Outs, Foreign‑Entity Restrictions, and Domestic Content in Clean‑Energy Credits

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On July 4, 2025, President Trump signed H.R. 1—dubbed the One Big Beautiful Bill Act (OBBBA)—enacting significant modifications to clean‑energy credits previously enacted under the Inflation Reduction Act of 2022. OBBBA...more

Troutman Pepper Locke

Pause on Higher Reciprocal Tariff Rates Extended to August 1

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On July 7, 2025, President Trump signed an executive order (the Order) once again extending the temporary suspension of reciprocal tariffs that were originally set forth in his April 2 “Liberation Day” Executive Order 14257...more

Polsinelli

Deadline for New Country-Specific Reciprocal Tariff Rates Delayed to August 1, With Some Rate Increases Scheduled

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Key Takeaways - Tariff Deadline Extended to August 1: President Trump postponed the implementation of country-specific reciprocal tariffs from July 9 to August 1, giving countries additional time to negotiate deals with the...more

Baker Botts L.L.P.

Trump Tariff Tracker -- July 9

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Uncertainty around the reciprocal tariffs continues to abound as President Trump has extended the deadline for the imposition of the country-specific reciprocal tariffs while at the same time notifying certain countries of...more

Foley & Lardner LLP

Foley Automotive Update - July 2025

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Foley & Lardner will be among the speakers at the MEMA OE Digital Transformation in Mobility event beginning at 8:30 a.m. (ET) at the MEMA Conference Center in Southfield, Michigan on July 29, 2025...more

Kelley Drye & Warren LLP

President Trump Announces New Country-Specific Reciprocal Tariffs

On Monday, President Trump announced new country-specific reciprocal tariff rates for a number of trading partners in a series of letters posted to Truth Social. President Trump also signed an executive order that further...more

Mayer Brown

Trump Administration Increases Section 232 Tariffs on Steel and Aluminum, Establishes Inclusion Process

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The Trump Administration recently took two major steps as to tariffs on steel and aluminum and their derivative products. First, on May 1, 2025, the Commerce Department announced the issuance of an interim final rule (“IFR”)...more

Sheppard Mullin Richter & Hampton LLP

A Time Machine and a Bag of Hammers: U.S. Tariffs are not Over

If the White House wants tariffs, but the courts strike down the Reciprocal Tariffs, what other options are out there? This is the question we asked ourselves and the answer is: there are plenty of other options. If it...more

Clark Hill PLC

President Trump announces sweeping new tariff rates on key trading partners

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On July 7, President Donald J. Trump signed an executive order extending the current pause on reciprocal tariffs through August 1, 2025, postponing implementation of country-specific reciprocal rates until that time. The...more

Alston & Bird

Liberation Day Encore Week

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On the Monday after Independence Day weekend, President Trump’s Liberation Day tariffs returned to the spotlight as the suspension of country-specific reciprocal tariffs is set to expire on July 9. The President issued an...more

Benesch

Update: Reciprocal Tariff “Pause” Deadline Extension and New Duty Rates

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The White House has extended the July 9, 2025, deadline for its “pause” on reciprocal tariffs. An Executive Order released on the evening of July 7 extends this deadline to August 1, 2025....more

Brownstein Hyatt Farber Schreck

President Trump Sends Letters Updating Tariffs; Extends “Reciprocal” Tariff Pause to Aug. 1

On July 7, President Trump began sending letters to select U.S. trading partners informing them of new “reciprocal” tariff rates that will be effective Aug. 1. These letters update the rates that the recipient country was...more

Husch Blackwell LLP

Reciprocal Tariff Rates Pushed Back to August 1st

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On Monday, July 7th, President Trump issued an Executive Order extending the deadline to re-impose higher reciprocal tariff rates on other countries from July 9, 2025 to August 1, 2025. This extension does not apply to the...more

Skadden, Arps, Slate, Meagher & Flom LLP

The UK-US ‘Economic Prosperity Deal’ and Its Impact

On May 8, 2025, the U.K. and U.S. announced a trade deal to reduce or remove tariffs on each other’s exports, including on cars, steel and aluminum, and released the general terms for a potential U.K.-U.S. trade agreement....more

Alston & Bird

Look Ahead to the Week of July 7, 2025: GOP Returns Triumphant Following Enactment of ‘Big, Beautiful’ Bill

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The Senate is in session this week, but the House was granted an unscheduled recess week after narrowly passing the One Big Beautiful Bill Act before July 4 (H.R. 1). President Trump signed the bill into law over the weekend,...more

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