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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
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
As the July 9, 2025, end date for President Donald Trump's suspension of country-specific reciprocal tariffs draws near, stakeholders should consider where ongoing bilateral negotiations stand, what the potential outcomes may...more
In the last week, the winds of change have calmed a bit on what has been a tumultuous sea of tariffs over the last four months. The Trump Administration has announced no new tariff measures, and no new investigations of...more
On Thursday, 8 May, shortly after the announcement of the trade agreement with the United Kingdom and the United States, US Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent provided additional details...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 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
On May 12, the United States and the People’s Republic of China announced a temporary 90-day agreement to roll back some of the reciprocal tariffs increases imposed in April. The agreement decreases the China reciprocal...more
On May 8, 2025, the United States and the United Kingdom announced a new “trade agreement”. The Fact Sheet issued by the White House, can be found here. The Office of the United States Trade Representative has released the...more
As global overcapacity disrupts U.S. supply chains, proposed changes to trade remedy laws under the Trump Administration could alter how manufacturers—particularly in downstream sectors—navigate foreign market pressures....more
These “frequently asked questions” explain tariffs at a basic level, the Administration’s recently-announced new tariffs, its announced a 90-day “pause” on certain of the new tariffs, and how the new tariffs will impact U.S....more
So, here we are post Liberation Day and investors have been liberated from over $6 trillion dollars U.S. just in the last week. These “reciprocal” tariffs were supposedly aimed at balancing trade with other countries, some of...more
Pursuant to a Federal Register notice (“Notice”) released on February 20, 2025, the Office of the United States Trade Representative (USTR) seeks public comments to identify unfair trade practices by other countries and to...more
This article was originally published shortly after the election on November 26, 2024. It has been updated to reflect updates from U.S. Presidential Actions and foreign trade partner countermeasures taken after President...more
This is the first installment in a series of pieces in which members of the Womble Bond Dickinson Global Trade Advisors (GTA) team will review a number of current issues in international trade regulation. The authors will...more
President Trump has announced that his administration will be increasing tariffs on Canadian steel and aluminum from 25% to 50%. The announcement comes on the heels of Ontario Premier Doug Ford’s imposition of a new tax on...more
Between March 4, 2025, and March 6, 2025, U.S. trade policy in North America changed course multiple times as the Trump administration initially implemented previously paused tariffs on imports from Canada and Mexico, and two...more
On March 4, 2025, the Trump Administration imposed 25% import tariffs on nearly all Canadian and Mexican origin goods under the International Emergency Economic Powers Act (“IEEPA”)....more
The U.S. Trade Representative (USTR) made a determination on Jan. 20, 2025, that China's targeting of the maritime, logistics and shipbuilding sectors for dominance is unreasonable and burdens or restricts U.S. commerce and...more
Update: On March 4, 2025, the Trump administration’s 25% tariffs on goods from Canada and Mexico, and additional 10% tariffs on goods imported from China, went into effect. China and Canada announced specific retaliatory...more
U.S. President Donald Trump announced on March 3, 2025, that the tariffs he threatened under the International Emergency Economic Powers Act (IEEPA), which were delayed from an earlier Feb. 4 effective date, would enter into...more
After weeks of uncertainty, the new tariffs have finally arrived, leaving many North American businesses to deal with significant challenges. Effective Tuesday, March 4, 2025, Canadian imports into the United States will be...more
Today’s implementation of the tariffs on imports from Canada and Mexico is one more piece in the Trump Administration’s aggressively expanding trade policy. Over the last 43 days, what started out as a sprinkling of campaign...more
One week remains for clients to submit comments in response to review of potential reciprocal tariffs being conducted by the U.S. Trade Representative (“USTR”). Comments are due by March 11, 2025. The USTR solicited comments...more
The U.S. Trade Representative (USTR) is seeking comments on the Trump Administration's "Fair and Reciprocal Plan" to assist it in identifying any unfair trade or non-reciprocal foreign trade practices. The deadline for...more