During President Donald Trump’s first term in 2018, he instituted tariffs on steel and aluminum at rates of 8 and 10% pursuant to Section 232 of the Trade Expansion Act of 1962 (Section 232), with certain country-specific and...more
2/14/2025
/ Biden Administration ,
Imports ,
International Trade ,
National Security ,
Regulatory Requirements ,
Section 232 ,
Steel Industry ,
Supply Chain ,
Tariffs ,
Trade Relations ,
Trump Administration ,
U.S. Commerce Department
While the tariffs against Canada and Mexico have been put on pause until March 1, 2025, the 10% tariff on all Chinese goods went into effect as planned. In response, the People’s Republic of China (PRC) announced a 10% tariff...more
2/11/2025
/ China ,
Compliance ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Executive Orders ,
Export Controls ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Risk Management ,
Section 301 ,
Supply Chain ,
Tariffs ,
Trump Administration
On Feb. 1, President Donald Trump signed orders implementing tariffs on Canada, Mexico and China, as promised. The tariffs are set to go into effect Feb. 4, meaning payments will start becoming due for imports as of 12:01...more
2/4/2025
/ Canada ,
China ,
Executive Orders ,
Imports ,
International Trade ,
Mexico ,
Suppliers ,
Supply Chain ,
Tariffs ,
Trade Agreements ,
Trade Policy ,
Trade Relations ,
Trump Administration ,
US Trade Policies
The business world is getting ready for promised tariffs expected as soon as Feb. 1 of this year. Which tariffs will be issued related to which products and countries is unclear at this point. There have been mentions of 25%...more
1/30/2025
/ China ,
EU ,
Exemptions ,
Imports ,
Risk Management ,
Suppliers ,
Supply Chain ,
Tariffs ,
Trade Relations ,
U.S. Treasury ,
United States-Mexico-Canada Agreement (USMCA)
For several years now, Section 301 and 232 tariffs have impacted the cost of production, resulted in price increases, shifted global supply chains and increased domestic investments in manufacturing. With new potential...more
As of October 1, the International Longshoremen’s Association has indicated that about 45,000 of its members are on strike, which would affect ports along the Gulf coast and east coast of the United States. This accounts for...more
The business world woke up Friday to yet another emergency. A CrowdStrike outage has caused computer shutdowns across the globe affecting businesses in every sector. More likely than not, your business is being affected by...more
When negotiating supply contracts, the logistics of possible future litigation may not be top of mind. No one wants to talk about the details of their divorce while they are still in the honeymoon stage. And while the topic...more