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President Trump signed the Executive Order on July 31 imposing the country-specific reciprocal tariff rates. Those rates will take effect on August 7, 2025 for most imports. The Executive Order maintains a baseline 10% tariff...more
We are one week away from the re-imposition of the country specific reciprocal tariffs and U.S. trading partners continue to jockey for trade deals with the U.S. government. The latest victor in this race is Japan. The Trump...more
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
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
President Donald Trump on May 12, 2025, issued an executive order (EO) titled "Delivering Most-Favored-Nation Prescription Drug Pricing to American Patients" and an accompanying Fact Sheet, "President Donald J. Trump...more
The Shipbuilding and Harbor Infrastructure for Prosperity and Security (SHIPS) for America Act (the Act) was reintroduced on April 30, 2025, with bipartisan support from legislators. It aims to expand the U.S.-flag...more
Not long after announcing new global “reciprocal” tariffs on imports from around the world at the beginning of April 2025, which we previously reported in a recent eUpdate, President Trump began modifying that tariff action....more
On April 9, the President signed an executive order titled “Restoring America’s Maritime Dominance” (the Order), a comprehensive initiative aimed at reversing decades of decline in the U.S. maritime industry. Citing national...more
On April 9, 2025, President Donald Trump issued an executive order titled “Restoring America’s Maritime Dominance,” launching a Maritime Action Plan (MAP) to bolster the U.S. maritime industry and workforce. The executive...more
A much-anticipated executive order (EO), "Restoring America's Maritime Dominance," issued on April 9, 2025, follows President Donald Trump's comments during his March 4, 2025, joint address to Congress, during which he vowed...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
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
President Trump has made good on a number of campaign commitments since being sworn in on January 20. Perhaps the one issue that has created the most uncertainty is how the Trump administration will use tariffs as a lever for...more
On February 21, 2025, President Donald Trump issued a presidential memorandum (the Memorandum) signaling that his administration intends to take action with respect to tax and regulatory measures affecting U.S. digital...more
President Donald Trump issued a memorandum on reciprocal trade and tariffs on Feb. 13, 2025, citing the economic and national security threat posed by the trade deficit, as outlined in the Jan. 20, 2025, America First Trade...more
President Donald Trump has taken initial steps to impose a new system of “reciprocal” tariffs that could upend US trade policy. Under current trade rules, the United States generally charges the same tariff for a given good...more
On 13 February 2025, President Trump announced that he is directing the US Commerce Secretary and US Trade Representative to report to him by 1 April 2025 on specific tariffs the United States should impose to address...more
On February 13, 2025, President Donald Trump signed a presidential memorandum (the Memorandum) ordering the Office of the U.S. Trade Representative (USTR) and the Department of Commerce to initiate investigations of “harmful”...more
On Thursday, February 13, 2025, President Trump signed a memorandum entitled “Reciprocal Trade and Tariffs.” The memorandum stopped well short of immediately imposing a tariff regime and instead directs the Secretary of...more
President Trump spoke to reporters this evening as he signed – but did not immediately publish – the promised Executive Order to increase tariffs on imported steel and aluminum. Tariffs are scheduled to take effect March 12....more
As one of his first official acts as President, Trump released his memorandum on America First Trade Policy. The policy offers insight into the new administration’s trade priorities and calls for a review of current...more
UPDATE (as of Feb. 3, 2025, at 5:00 PM ET): President Trump announced on TruthSocial an agreement with Prime Minister Justin Trudeau of Canada to “pause[] for a 30 day period” the announced tariffs while the U.S. government...more
On February 1, 2025, President Trump issued three executive orders directing the United States to impose new tariffs on imports from Canada, Mexico, and China, to take effect on February 4, 2025. The tariffs are an...more