On April 2, 2025, President Trump issued the long-anticipated “reciprocal tariff” order, imposing tariffs on most US trade partners. The tariff includes two components: (i) a 10% “baseline” rate on most trade partners,...more
4/7/2025
/ Canada ,
China ,
Executive Orders ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
Mexico ,
Popular ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies
On March 26, 2025, President Trump signed a presidential proclamation imposing an additional 25% tariff on all imports of passenger vehicles, light trucks, and certain automotive parts. The tariffs on finished vehicles will...more
On March 4, 2025, China announced it would impose additional tariffs on certain US agricultural imports from March 10, 2025, in retaliation to President Trump's March 3 executive order issued under the International Emergency...more
3/7/2025
/ China ,
Economic Sanctions ,
Export Controls ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
MOFCOM ,
Tariffs ,
Trade Policy ,
Trade Relations ,
Trump Administration ,
WTO
On March 3, 2025, the Trump administration made clear its intention to move forward with implementing tariffs on Canada and Mexico on March 4. The tariffs are an additional 25% on all imports from Canada and Mexico (except...more
On February 10, 2025, President Trump issued two proclamations - Adjusting Imports of Aluminum into the United States and Adjusting Imports of Steel into the United States - modifying the steel and aluminum tariffs that he...more
On February 4, 2025, China announced it would impose additional tariffs on certain US imports from February 10, 2025 in retaliation to President Trump's executive order issued under the International Emergency Economic Powers...more
2/6/2025
/ China ,
Economic Sanctions ,
Energy Sector ,
Export Controls ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
International Trade ,
National Security ,
Regulatory Agenda ,
Retaliation ,
Retaliatory Tariffs ,
Supply Chain ,
Tariffs ,
Trump Administration ,
WTO
On February 1, 2025, President Trump issued three executive orders directing the United States to impose new tariffs on imports from Canada, Mexico, and China, to take effect on February 4, 2025. The tariffs are an...more
2/3/2025
/ Canada ,
China ,
Customs and Border Protection ,
Executive Orders ,
Exports ,
Imports ,
International Trade ,
Legislative Agendas ,
Mexico ,
Regulatory Agenda ,
Tariffs ,
Trade Relations ,
Trump Administration ,
USTR
Chief negotiators from Mercosur and the European Union (EU) met in Brasilia, Brazil earlier this month to resume attempts to conclude an inter-regional free trade agreement (FTA) after new proposals from both sides tabled...more
An average tariff of 25% will be imposed on steel, textile, footwear, chemicals, and other products until July 31, 2025, for countries with whom Mexico does not have a preferential or free trade agreement....more
Following the entry into force of its FTAs with Australia and New Zealand, the UK continues to pursue a negotiation-focused trade agenda by signing up to the CPTPP and initiating a new FTA dialogue with Türkiye....more
The United Kingdom's free trade agreements (FTAs) with Australia and New Zealand entered into force on May 31, 2023. As a significant milestone in the UK's post-Brexit future, these FTAs are the first two independently...more
6/23/2023
/ Australia ,
Capital Markets ,
Environmental Social & Governance (ESG) ,
EU ,
Free Trade Agreements ,
Global Market ,
Intellectual Property Protection ,
Investment ,
Investors ,
New Zealand ,
Popular ,
Tariffs ,
Trade Relations ,
UK ,
UK Brexit
The US and EU announced a range of commitments on green energy and economic security cooperation on March 10, 2023, in a meeting between European Commission President Ursula von der Leyen and US President Joe Biden. The most...more
3/20/2023
/ Aluminum Sales ,
Biden Administration ,
Clean Energy ,
Economic Sanctions ,
Electric Vehicles ,
EU ,
Export Controls ,
Foreign Investment ,
Global Dealmaking ,
Green Energy ,
Inflation Reduction Act (IRA) ,
Investment ,
Investors ,
Joint Statements ,
Russia ,
Steel Industry ,
Subsidies
The US-Africa Leaders Summit took place from December 13-15, 2022 in Washington DC, and featured top-level government-to-government talks, private sector engagements, and resulted in a number of trade-related outcomes...more
On August 23, 2022, President of Mexico Andres Manuel Lopez Obrador issued a Decree (published in the Diario Oficial de la Federación on August 24, 2022) setting up a new state-owned company called LitioMx (Litio para...more
On January 9, 2021, China's Ministry of Commerce (MOFCOM) issued Order No. 1/2021 on the Rules on Counteracting Unjustified Extraterritorial Applications of Foreign Legislation and Other Measures (the "Rules").1 The Rules,...more
Vietnam's revised Law on Investment (Law No. 61/2020/QH14)("LOI 2020") enters into force from January 1, 2021. The National Assembly adopted the LOI 2020 on June 17, 2020. It will replace Law No. 67/2014/QH13 ("LOI 2014"),...more
After eight years of negotiations, Economic Ministers from 15 Asia-Pacific countries signed the Regional Comprehensive Economic Partnership (RCEP) on November 15, 2020 during a virtual signing ceremony on the sidelines of the...more
On September 30, 2020, President Trump issued an Executive Order (the "2020 Order") declaring a national emergency, pursuant to the National Emergencies Act (NEA, 50 U.S.C. § 1601 et seq.), with respect to the United States'...more
China's Ministry of Commerce (MOFCOM) and the Ministry of Science and Technology (MOST) published Notification No. 38/2020 dated August 28, 2020 announcing a new version of the Catalogue of Technologies Prohibited or...more
A new landmark free trade agreement between Vietnam and the European Union entered into force on 1 August 2020.
The agreement provides expansive preferential treatment for both goods and services, recognition and protection...more
8/10/2020
/ Climate Change ,
Country of Origin ,
EU ,
Exports ,
Free Trade Agreements ,
Goods or Services ,
Imports ,
Intellectual Property Protection ,
Investment Funds ,
Investor Protection ,
Market Access Rule ,
Popular ,
Preferential Trade Status ,
Procurement Guidelines ,
Supply Chain ,
Sustainable Development Goals (SDGs) ,
UK Brexit ,
Vietnam
Fifteen of the 16 members of the Regional Comprehensive Economic Partnership (RCEP) announced on November 4 the conclusion of negotiations on the text of the mega-regional trade agreement. Only India withheld agreement during...more
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) entered into force on December 30, 2018. The Agreement will significantly impact trade among its ratifying Parties—currently including...more
1/22/2019
/ Bilateral Agreements ,
Corporate Counsel ,
CPTPP ,
E-Commerce ,
Exports ,
Fair Trade Agreements (FTA) ,
Foreign Investment ,
Global Market ,
Imports ,
International Labor Laws ,
Investor State Dispute Settlement (ISDS) ,
Most-Favored Nations ,
NAFTA ,
Place of Origin ,
Popular ,
Supply Chain ,
Tariffs ,
Trade Relations ,
Trans-Pacific Partnership ,
United States-Mexico-Canada Agreement (USMCA) ,
WTO