On Friday, April 11, President Donald Trump issued a memorandum to clarify that smartphones and certain other electronics are not subject to the now-125% “reciprocal” tariff on imports from China or the 10% “baseline” tariff...more
On April 2, President Donald Trump issued a series of executive orders (EOs) to impose reciprocal tariffs on select countries and revoke China’s eligibility for the de minimis exemption. The long-previewed actions fulfill a...more
On Feb. 13, President Donald Trump issued a memorandum directing the Secretary of Commerce and U.S. Trade Representative (USTR) to review all tariffs imposed on U.S. exports as well as other non-tariff trade barriers that...more
On Feb. 3, Panama announced its plans to leave China’s Belt and Road Initiative (BRI). Panamanian President Jose Raul Mulino announced his decision following a meeting with U.S. Secretary of State Marco Rubio during Rubio’s...more
2/10/2025
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As of Monday afternoon, Feb. 3, discussions between President Trump, Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum have resulted in a one-month delay in implementing tariffs on those...more
On Jan. 8, the Export-Import Bank of the United States (EXIM) announced the creation of the Supply Chain Resiliency Initiative (SCRI), a targeted financing program aimed at diversifying and strengthening critical mineral and...more
The African Growth and Opportunity Act (AGOA), first enacted in May 2000, provides tariff-free treatment of U.S. imports of goods sourced from certain sub-Saharan African countries. AGOA is intended to bolster economic growth...more
While the Biden administration has refrained from releasing a formal China strategy, recent speeches on U.S.-China relations by Treasury Secretary Janet Yellen and National Security Advisor Jake Sullivan have provided key...more
President Biden officially launched The Indo-Pacific Economic Framework for Prosperity (IPEF) (“Framework”), the administration’s economic initiative for the region, during his visit to Tokyo on May 23. The Framework, largely...more
U.S. Secretary of State Antony Blinken on May 26 made his long-awaited remarks on the “Administration’s Policy Toward China.” The speech was fresh on the heels of President Biden’s first visit to Asia, specifically to the...more