News & Analysis as of

Imports US Trade Policies

Holland & Knight LLP

Continuing Trend: Section 301 Machinery Exclusion

Holland & Knight LLP on

A total of 185 Section 301 exclusion requests for machinery used in domestic manufacturing have been filed as of Dec. 19, 2024. Of those, 136 requests remain open for opposition or support from interested parties or for...more

Torres Trade Law, PLLC

The Mergers & Acquisitions Review: US Trade Compliance Due Diligence 2024

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In addition to a myriad of issues to consider during M&A transactions, parties should conduct due diligence related to US trade regulations and the often-related foreign investment regulations that arise in the context of an...more

Braumiller Law Group, PLLC

Punctuation in the Harmonized Tariff Schedule of the United States

Punctuation matters. I’ve always remembered a poster on the wall of a co-worker’s office—this was back in the 80s—that showed baby seals dancing at a disco under a four-word caption: STOP CLUBBING, BABY SEALS. The poster...more

Stinson LLP

Trump's First 100 Days: Tariffs

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We expect the Trump administration to take swift and immediate action on tariffs in his first 100 days. Trump has proposed a "universal baseline tariff" of 10% or 20% on the importation of goods from all foreign countries....more

Quarles & Brady LLP

The Impact of President-Elect Trump's Proposed Tariffs on U.S. Businesses

Quarles & Brady LLP on

On November 25, 2024, President-elect Trump announced that he would impose an additional 10% tariff on China, and 25% tariffs on Mexico and Canada, garnering considerable attention both for their potential to reshape the U.S....more

Miller Canfield

Preparing for Tariff Increases - Mitigation Strategies

Miller Canfield on

During the 2024 U.S. presidential campaign, President-elect Donald Trump promised to impose a variety of new tariffs. President Trump may seek to immediately apply levies of up to 20% on all imports, 25% on items from Mexico...more

Cozen O'Connor

Strategies to Minimize Tariff Costs Under the Trump Administration

Cozen O'Connor on

Under the Trump administration 2.0, it is very likely that the United States will adopt a more protectionist trade policy, which will expressly include the increase in use and imposition of tariffs on imports, particularly on...more

Husch Blackwell LLP

Retail Imports Surge to Beat Tariffs and Labor Disputes

Husch Blackwell LLP on

The National Retail Federation (NRF) reports that containerized imports will continue their unseasonably high volumes through the end of the year, as both November and December imports are projected to be up nearly 15% from...more

Morgan Lewis

Trump’s Second-Term Tariff Agenda: Tools for Implementation

Morgan Lewis on

In this first installment of our four-part trade series, we explore how President-elect Trump may implement proposed tariff increases on imports of foreign-origin goods into the United States....more

K&L Gates LLP

Trump Signals First-Day Tariff Hikes Targeting China, Canada, and Mexico

K&L Gates LLP on

On 25 November, President-Elect Donald Trump announced plans to impose substantial tariffs on goods from China, Mexico, and Canada through executive action, signaling a return to his aggressive trade policies. If implemented,...more

A&O Shearman

U.S. tariff risks and risk mitigation

A&O Shearman on

The incoming second Trump administration has threatened to impose wide-ranging and potentially substantial tariffs on products and materials entering the United States. Companies that import goods into the U.S. or that are...more

Holland & Knight LLP

President-Elect Trump Announces Tariff Plans for Largest U.S. Trading Partners

Holland & Knight LLP on

President-Elect Donald Trump on Nov. 25, 2024, announced his intention to impose additional 10 percent tariffs on China, as well as additional 25 percent tariffs on Mexico and Canada. He has not yet indicated which authority...more

Morris, Manning & Martin, LLP

The Most Beautiful Word? What to Expect from, and How to Prepare for, President-Elect Trump's Proposed Tariffs

With the presidential election in the rearview mirror, a new administration incoming, and a new year on the horizon, it's natural to wonder what 2025 may bring. In a speech to the Economic Club of Chicago on October 15, now...more

Miller Canfield

Can the President Impose Tariffs Without Congressional Approval?

Miller Canfield on

During his 2024 presidential campaign, President-elect Donald Trump promised to impose a variety of new tariffs, even without congressional approval, including a 25%-75% tariff rate on Mexican imports, a 60% tariff rate on...more

Skadden, Arps, Slate, Meagher & Flom LLP

President-Elect Trump Announces Intent To Impose Tariffs on Goods Imported From Canada, Mexico and China

On November 25, 2024, President-elect Donald Trump announced that, on his first day in office, he would impose new tariffs on all imports from Canada, Mexico and China. Specifically, in posts on the social media platform...more

Torres Trade Law, PLLC

What’s Next? President-Elect Trump Signals 25% Tariffs on Mexico and Canada, 10% Increase on Chinese Goods

Torres Trade Law, PLLC on

What Happened? On November 25, 2024, President-elect Donald Trump provided some additional clarity on his immediate tariff plans in a post on Truth Social. Specifically, Trump announced his intent to sign an...more

Benesch

Trump Tariffs - 2025 Expectations, Facts, and Options

Benesch on

President-Elect Trump campaigned on the promise to increase tariffs on imports to the United States. Shortly after the election he announced significant tariffs on goods from the three largest trading partners: China, Mexico,...more

Kelley Drye & Warren LLP

President-Elect Trump Threatens New Tariffs on All Imports from China, Mexico, and Canada

Kelley Drye & Warren LLP on

On November 25, President-elect Trump announced on social media that on January 20, his first day in office, his administration will impose new tariffs on all imports from China, Mexico, and Canada. In two separate messages,...more

Seyfarth Shaw LLP

Shifting Supply Chains: How Trump's Trade Policies May Reshape Global Warehousing and Logistics

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The re-election of Donald Trump has renewed focus on policies prioritizing American interests. The “America First” agenda is expected to impact the logistics industry, both domestically and globally. As the new administration...more

Baker Donelson

Supply Chain Challenges and Opportunities Under the Second Trump Administration

Baker Donelson on

Trade action was a touchstone of the first Trump Administration. Statements throughout the campaign by President-Elect Trump and his surrogates suggest significant trade actions in the second term. The actions and potential...more

Mayer Brown

China Select Committee Chairman Introduces Legislation to Revoke China’s Permanent Normal Trade Relations

Mayer Brown on

On November 14, 2024, the Chairman of the Select Committee on the Chinese Communist Party (“CCP”), John Moolenaar (R-MI), introduced H.R. 10127, the Restoring Trade Fairness Act (the “Legislation"), which would suspend US...more

The Volkov Law Group

Forecasting the 2nd Trump Administration: Foreign Policy Changes and Increased Trade and Tariff Enforcement (Part II of III)

The Volkov Law Group on

The 2nd Trump Administration will mean significant change in foreign policy, most especially the importance of ending the Russia-Ukraine war, increased focus on Iran and its proxies, and aggressive use of trade policies and...more

Faegre Drinker Biddle & Reath LLP

Updates on Potential Trade Tariffs for the Fentanyl Epidemic

This is an update on our October 24, 2024, client alert, “Are Tariffs the New Ammunition to Combat the Fentanyl Crisis?” We reported that a Section 301 petition had been filed by a nonprofit, Facing Fentanyl, requesting that...more

IR Global

Navigating political shifts - Strategies for businesses in an election year - The Visionaries

IR Global on

The year 2024 is proving to be a pivotal time on the global stage with numerous critical elections reshaping the political landscape. As new governments take office, businesses and individuals must prepare for a wave of...more

Warner Norcross + Judd

Navigating the Tariff Terrain: Current Landscape and Future Outlook

Warner Norcross + Judd on

For several years now, Section 301 and 232 tariffs have impacted the cost of production, resulted in price increases, shifted global supply chains and increased domestic investments in manufacturing. With new potential...more

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