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More than four months after the initial introduction of the “Liberation Day” tariffs in early April 2025, which lasted only a day before being rolled back in favor of a 10 percent baseline tariff, the reciprocal tariffs...more
U.S. President Donald Trump announced on July 12, 2025, the imposition of an additional 30 percent tariff on imports originating from Mexico, with an effective date of Aug. 1, 2025. This measure was introduced independently...more
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
After weeks of anticipation and a flurry of news from Washington, DC, the White House has issued a long-awaited executive order (EO) that resets the landscape for US reciprocal tariffs and related trade measures....more
On July 24, 2025 the European Commission voted to impose retaliatory tariffs of €93 billion on U.S. goods if a trade deal is not reached between the United States and European Union. The tariffs will be effective August 7,...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 July 15, the Office of the US Trade Representative (USTR) announced the initiation of a Section 301 investigation into Brazil’s trade practices to determine whether certain acts, policies, and practices of the Brazilian...more
As the Aug. 1, 2025, end date for President Donald Trump's most recent suspension of country-specific reciprocal tariffs approaches, stakeholders should consider where ongoing bilateral negotiations stand, what the potential...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
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
On April 30, 2025, Senators Mark Kelly (D-AZ) and Todd Young (R-IN) — joined by a bipartisan group of Senate and House sponsors — reintroduced the Shipbuilding and Harbor Infrastructure for Prosperity and Security (SHIPS) for...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
The U.S. Trade Representative (USTR) announced a notice of action on fees for operators of Chinese-built ships and vessel owners and operators of China after it issued a proposed notice with fees and restrictions on maritime...more
On April 17, 2025, the U.S. Trade Representative (the “USTR”) released a revised proposal implementing service fees on Chinese vessel operators and owners, as well as operators of Chinese-built vessels, following a set of...more
The U.S. Trade Representative (USTR) on April 17, 2025, announced its long-awaited final proposed measures to combat China's dominance in the maritime sector by imposing fees on Chinese-linked ships. Public criticism of...more
On April 17, 2025, the Office of the U.S. Trade Representative (USTR) issued its final notice of action in its investigation into China’s unfair practices affecting the shipbuilding and maritime logistics sectors. According...more