In the tit for tat trade war with China, let's recall the Hollywood movie that made the line famous…
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/ International Law & Trade
Several fundamental conditions are widely presumed necessary for a country to enjoy the benefits of global trade. One condition is that import activity ought not exceed export activity.1 Put more simply, we must sell more than…
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/ Administrative Law, Commercial Law & Contracts, International Law & Trade
The first quarter of 2025 has reshaped the U.S. trade landscape with a flurry of executive actions by the Trump administration, introducing a new wave of tariffs on imports from almost all U.S. trading partners. The Trump…
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/ Administrative Law, Commercial Law & Contracts, International Law & Trade
As is well known the US has imposed duties of 25% on imports from Canada and Mexico. This means that those imports will take the regular duty plus 25%. For example, a switchgear assembly classified under 8537.10.91 made in…
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/ International Law & Trade
Donald Trump’s first term in office pursued an aggressive foreign policy toward China, imposing tariffs, restricting technology transfers, and accusing Beijing of unfair trade practices. However, one unintended consequence of…
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/ Administrative Law, Energy & Utilities, Finance & Banking, International Law & Trade
Prior to the origination of the plans for the Panama Canal vessels of trade had few options of getting goods from Europe and Asia to N. America. One was to sail around the southern tip of South America (Cape Horn) adding months…
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/ International Law & Trade, Maritime Law, Transportation
New Bitcoin Strategic Reserve: On March 7, 2025, the White House hosted a Digital Assets Summit to celebrate the creation of a Bitcoin Strategic Reserve and a Digital Assets Stockpile by an Executive Order titled,…
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/ Administrative Law, Finance & Banking, Science, Computers, & Technology
Chaebols are large, family-owned business conglomerates that play a significant role in South Korea’s economy. Some of the most well-known chaebols include Samsung Group, which is the largest chaebol, known for its electronics,…
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/ Business Organizations, Labor & Employment Law, Mergers & Acquisitions, International Law & Trade
On April 3, 2025, during the presidential daily morning briefing, Mexico’s President Claudia Sheinbaum responded to the import tariffs announced the day before by President Trump, which targeted several countries. She emphasized…
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/ Commercial Law & Contracts, Elections & Politics, International Law & Trade
On March 3, 2025, the Office of the United States Trade Representative (USTR) released the 2025 Trade Policy Agenda and 2024 Annual Report by the United States Trade Representative of the President of the United States on the…
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/ Constitutional Law, Elections & Politics, International Law & Trade
Liberation Day passed with the promised reciprocal tariffs touted by the Trump administration. The president, surrounded by workers in the Rose Garden on April 2, executed a number of tariffs promising to Make America Wealthy…
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/ Administrative Law, Elections & Politics, International Law & Trade, Science, Computers, & Technology
The various tariffs that President Trump has imposed since retaking office are based on delegated authority found in several existing statutes. But a century ago, tariffs were primarily the purview of Congress. One of the most…
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/ Agriculture, Elections & Politics, International Law & Trade
Several fundamental conditions are widely presumed necessary for a country to enjoy the benefits of global trade. One condition is that import activity ought not exceed export activity. Put more simply, we must sell more than…
more
/ Administrative Law, International Law & Trade
So, here we are post Liberation Day and investors have been liberated from over $6 trillion dollars U.S. just in the last week. These “reciprocal” tariffs were supposedly aimed at balancing trade with other countries, some of…
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/ Administrative Law, Elections & Politics, Finance & Banking, International Law & Trade
Are we having fun yet? Tariffs and trade and the uncertainty that follows…
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/ International Law & Trade, Law Firm Marketing