President Donald Trump issued a proclamation on June 3, 2025, which effectively doubles the tariffs applicable to most steel and aluminum imports into the United States. The new rate is 50%. The effective date for this change...more
On May 11, 2025, the United States and China concluded their trade negotiations in Geneva, Switzerland. Both countries agreed to make certain “beneficial economic” commitments to deescalate the trade war, the most important...more
On Wednesday, April 2, 2025, dubbed “Liberation Day,” President Donald Trump announced his much-anticipated reciprocal tariffs set to go into effect on Thursday, April 3, 2025, and the administration clarified some of the...more
4/4/2025
/ Canada ,
China ,
EU ,
International Trade ,
Japan ,
Mexico ,
Section 232 ,
Tariffs ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
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
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