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Whirlwind Week in Trade Roils Markets and Challenges Businesses to Keep Up

It is the end of an unprecedented week in trade that roiled financial markets and challenged businesses trying to assess the impacts on their supply chains....more

“Reciprocal Tariffs” Have Landed

On April 2, 2025, the proclaimed tariff “Liberation Day,” President Trump announced his “reciprocal tariffs” actions from the Rose Garden at the White House. Invoking his authority under the International Emergency Economic...more

All USMCA-Eligible Products of Mexico and Canada Exempt from IEEPA Tariffs Until at Least April 2

The White House announced on Wednesday, after President Trump met with the leaders of General Motors, Ford Motor, and Stellantis, that certain automobiles imported from Mexico and Canada will not be subject to the 25% tariffs...more

Trump Administration Moves Ahead with 25% Tariffs on Goods of Canada and Mexico

In Federal Register Notices slated to be published on March 6, 2025, Notice of Canadian Tariff Implementation and Notice of Mexico Tariff Implementation, U.S. Customs and Border Protection (“CBP”) is implementing President...more

New Presidential Memorandum Promises to Strengthen and Simplify CFIUS Procedures, Curtail PRC Investment

On Friday, February 21st, President Trump issued a National Security Presidential Memorandum (NSPM) that is aimed at promoting foreign investment while protecting America’s national security interests, particularly from...more

Trump Signals 25% Tariffs on Automobiles, Semiconductors, and Pharmaceuticals

President Trump told reporters at Mar-a-Lago that he would likely announce tariffs on April 2 on imports of automobiles, semiconductors, and pharmaceuticals, starting at 25 percent. He added that such tariffs would “go very...more

Back to the Future on Steel and Aluminum Tariffs

Trump says he’ll impose 25% tariffs on steel, aluminum.  News broke on Sunday that President Trump decided to impose 25% duties on steel and aluminum from all countries, sending companies scrambling to assess the potential...more

President Trump Invokes National Emergency Authority to Impose Tariffs on Canada, Mexico and China

On Saturday, February 1, 2025, President Trump signed three Executive Orders imposing tariffs against goods of the United States’ three largest trading partners—Canada, Mexico and China....more

Uncertainty Surrounds Forthcoming Commerce Department Action on TikTok & WeChat “Bans”

As the countdown continues to September 20, our International Trade & Regulatory Group examines the ambiguities underlying the unprecedented Executive Orders purporting to ban the use of TikTok and WeChat, questions that may...more

Venezuela Executive Order Regulatory Update

The new sanctions announced by the Trump administration freeze all Venezuelan government assets in the United States and allow the Treasury Department to sanction any person, business or other entity that assists the Maduro...more

Night Note: The 1st 100 Days: How Were the First 100 Days for Trade?

As the Trump presidency’s first 100 days came to an end on April 29, some initial promises on trade were carried out (such as withdrawing from the TPP), and others were not (such as labeling China as a currency...more

Night Note: The 1st 100 Days: Commerce’s Unprecedented Action

Typically in antidumping proceedings involving market economy countries, the Department of Commerce calculates normal value using the producer’s actual sales or costs of production. However, in the final results of...more

Night Note: The 1st 100 Days: Trump-Xi Meeting

After a two-day meeting between President Trump and Chinese President Xi Jinping held in Florida last week, the two leaders agreed on a 100-day deadline to deliver results. Commerce Secretary Wilbur Ross stressed the goal to...more

Night Note: The 1st 100 Days

Trump Executive Orders - On March 31, President Trump signed two Executive Orders that will potentially have a significant impact on U.S. international trade: A new study on trade deficits may serve as a...more

Night Note: The 1st 100 Days

As the Trump Administration considers revision of NAFTA and other trade agreements, both the White House and House Democrats have announced their visions for future U.S. trade agreements. Last week, White House...more

Night Note: The 1st 100 Days

The President’s nascent trade policy has already drawn sharp rebukes from key trade partners that threaten the competitiveness of American exporters and investors. The refusal of the U.S. to endorse ...more

Night Note: The 1st 100 Days

Commerce Secretary Wilbur Ross informed a congressional trade committee that in mid-March the Administration will formally notify Congress of its intent to renegotiate NAFTA. This provides a timeframe for industry to assess...more

Night Note: The 1st 100 Days

Seeking to avoid exposure to the dispute settlement system of the World Trade Organization (WTO), the head of the new White House National Trade Council has requested a legal analysis from the U.S. Trade...more

Night Note: The 1st 100 Days

The Trump Administration is exploring new strategies to counter currency manipulation in international trade. One approach being discussed is to consider the practice of currency manipulation to be a...more

Night Note: The 1st 100 Days

President Trump has expressed his interest in accelerating the renegotiation of NAFTA, and expediting the timeline for such a process, faster than current statutory guidelines. It is unlikely, however, that the U.S. will be...more

Night Note: The 1st 100 Days

President Trump and the Republican Congress have consistently raised the notion of a “border tax” to address trade imbalances. While the President has advocated a border tax of 20% on imports from Mexico, congressional...more

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