Tit For Tat US China Trade War
President Trump’s hot and cold attitude towards tariffs continues to cause confusion and an inability to plan ahead. On April 2, President Trump imposed so-called reciprocal tariffs, which included a baseline tariff on all...more
In the tit for tat trade war with China, let's recall the Hollywood movie that made the line famous....more
President Trump signed a new executive order, “Modifying Reciprocal Tariff Rates to Reflect Trading Partner Retaliation and Alignment” (the Order) on April 9, marking yet another significant shift in U.S. trade policy. The...more
Welcome to this month’s issue of The BR International Trade Report, Blank Rome’s monthly digital newsletter highlighting international trade, sanctions, cross-border investment, geopolitical risk issues, trends, and laws...more
On April 2, 2025, the President announced the imposition of reciprocal tariffs on goods imported into the United States from a broad range of countries at an initial 10% rate. Higher rates for specific countries were...more
In recent weeks, the global trade environment has experienced an unprecedented level of volatility and uncertainty due to a series of new trade policies announced by the US. Those actions have triggered responses by the US’...more
On April 2, 2025, the U.S. government implemented new measures affecting trade with China via Executive Order, including a reciprocal tariff regime and elimination of the de minimis exemption for Chinese-origin goods. These...more
On April 2, 2025, the Trump Administration announced new, comprehensive tariff rates representing the most significant change in US trade policy in a generation—a paradigm shift from an era of low tariffs to an approach based...more
UPDATE: On April 9, just hours after higher country-specific reciprocal tariffs took effect on imports from a wide-range of countries, President Trump announced a 90-day pause for countries that have not retaliated against...more
China on April 4, 2025, announced a third and significantly escalated round of retaliatory measures in response to the United States' latest tariff action. This follows President Donald Trump's Executive Order (EO) 14257...more
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...more
As President Trump’s “reciprocal tariffs,” targeting imports from nearly every country became effective on April 5, and further increased for a significant number of countries today, April 9, countries around the world are...more
Canada announces a 25% retaliatory tariff. On April 2, 2025, the White House announced a baseline 10% tariff on imports, set to take effect on April 5. Individualized reciprocal tariffs announced on specific countries...more
Reports have suggested that on April 2, 2025, President Donald Trump will likely announce reciprocal tariffs pursuant to the International Emergency Economic Powers Act (IEEPA) (50 U.S.C. 1701 et seq.) and investigations...more
On March 4, 2025, the Trump Administration commenced new broad and sweeping tariffs on products of Canada and Mexico, while doubling tariffs on China previously imposed in early February of this year....more
Companies trading with key global partners will need to navigate evolving tariff frameworks, including actions from China and Canada. On March 4, 2025, the Trump administration’s previously announced tariffs on imports...more
Beginning just after midnight on March 4, 2025, the United States implemented a 25% tariff on imports from Canada and Mexico (except Canadian “energy resources,” which are subject to a 10% tariff), and increased tariffs on...more
In the leadup to President Donald Trump taking office, I wrote an article asking, "How Nimble Is Your Supply Chain?" He has now been president for four weeks. Let's recap the actions that have most directly affected supply...more
As the adage goes, you can’t change the wind, but you can adjust the sails. Manufacturers and other businesses engaged in cross-border transactions should adjust their sails to proactively address the uncertain tariff...more
On Saturday, February 1, 2025, the Trump Administration initially announced U.S. import tariffs on Canadian, Chinese, and Mexican origin products. These tariffs would have subjected many Canadian and Mexican origin products...more
Businesses trading with key global partners will face an uneven landscape of responses to the announced tariffs. The Trump administration announced new tariffs on imports from Canada, Mexico, and China on February 1,...more
On Feb. 1, President Donald Trump signed executive orders imposing duties on imports: 25 percent on products from Canada (10 percent on energy products), 25 percent on products from Mexico and 10 percent on products from...more
The United States has a long history of using tariffs. The first significant tariff legislation was the Tariff Act of 1789, signed by President George Washington. Tariffs have been used for various purposes over the years,...more
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
Parties seeking changes to the proposed list of tariff subheadings or to lower duties should take advantage of this comment period. Why is USTR proposing additional duties on French imports? Under Section 301, USTR can...more