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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 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
The United States-Mexico-Canada Agreement (USMCA) joint review process is scheduled to begin on July 1, 2026, but the time to prepare is now. Embedded trade compliance professionals should already be doing scenario...more
President Donald Trump issued a presidential memorandum titled "America First Trade Policy" on Jan. 20, 2025, outlining the immediate trade priorities for his administration. The memorandum directs various federal agencies...more
In this third installment of our five-part trade series, we review the Trump-Vance administration’s America First Trade Policy memorandum and detail the foundational elements for imposition of tariffs to prepare importers if...more
On January 20, 2025, within hours of taking the oath of office, President Trump signed an executive order (EO) entitled the America First Trade Policy. As anticipated, the EO directs the Department of Commerce, Department of...more
During the 2024 U.S. presidential campaign, President-elect Donald Trump promised to impose a variety of new tariffs. President Trump may seek to immediately apply levies of up to 20% on all imports, 25% on items from Mexico...more
During his 2024 presidential campaign, President-elect Donald Trump promised to impose a variety of new tariffs, even without congressional approval, including a 25%-75% tariff rate on Mexican imports, a 60% tariff rate on...more
Trade Agenda for Donald Trump’s Second Term and the Role of the 119th Congress - Donald Trump's first term as president was defined by a protectionist trade policy focused on renegotiating trade agreements and imposing...more
This is the first of a three-part series about the USMCA joint review process, focusing on China, Mexico, and competing visions of a “worker-centered” trade policy. Part one introduces the USMCA joint review process and...more
Many importers are eagerly awaiting the United States Trade Representative’s (“USTR”) required four-year review of the Section 301 Chinese tariffs. Section 301 of the Trade Act of 1974 grants the Office of the USTR a range of...more
Updates from March 11 to March 25, 2020 - Key Takeaways: Supply chain disruption has begun on some fronts that are not directly related to the healthcare and medical fields, and is anticipated to continue as the effects...more
After months of anticipation, President Donald Trump signed an interim “Phase One” trade agreement (“the Agreement”) with Chinese Vice Premier Liu He at the White House on January 15, 2020. Under the Agreement reached after...more
Section 301 of the Trade Act of 1974, 19 U.S.C. § 2411, authorizes the president to take retaliatory action if it is determined that a trade act, policy, or practice of a foreign government is unreasonable or discriminatory...more
Commerce Department Imposes Strict Export Denial Order On ZTE - On April 15, 2018, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) imposed a seven-year Denial Order (Order) against Zhongxing...more