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New Section 232 Trade Investigations on Pharmaceutical and Semiconductor Imports Could Lead to Tariffs Mid-Year

On April 1, 2025, the Secretary of Commerce initiated, pursuant to President Trump’s directive, two new investigations under Section 232 of the Trade Expansion Act of 1962 (Section 232), one on imports of pharmaceuticals and...more

Increase of Certain Reciprocal Tariffs Paused, While China Duties Ratchet Higher

On April 9, President Trump issued an executive order pausing certain new reciprocal tariffs announced last week while simultaneously substantially increasing tariffs on Chinese imports subject to those reciprocal tariffs....more

New “Reciprocal” Tariffs Announced, Effective Starting April 5 for Nearly All Countries and Sectors

On April 2, President Trump announced new tariffs impacting a wide array of imported products from nearly all countries. Additional tariffs range from 10% to nearly 50% and become effective starting April 5. Concurrently, the...more

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