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Don’t be fooled by the 90-day pause. It looks like high tariffs will be here to stay and we are in the midst of an all-out trade war with China, including a minimum 145% tariff....more
On April 2, 2025, the Trump administration imposed one of the largest set of tariffs in U.S. history, dubbed “Liberation Day.” These so-called reciprocal tariffs are another step in the administration’s broad imposition of...more
Commercial contracts tend to be full of “boilerplate provisions” that, to paraphrase Mark Twain’s assessment of classic novels, everyone knows are important, but no one actually reads. When COVID-19 struck, manufacturers...more
We have reported extensively on President Trump's "America First Trade Policy", the new tariffs imposed on Canada, Mexico and China, and provided commentary on how President Trump's return to office might affect the UK and...more
Although we are only two months into the new administration, we have seen a dizzying array of new tariffs that have been proposed, imposed, revoked, suspended, and sometimes reimposed. It can be difficult for importers to...more
In today’s global marketplace, companies are increasingly more vulnerable to the unpredictable impacts of tariffs and supply chain disruptions. As these external pressures threaten their financial stability, businesses must...more
Geopolitical risk is emerging as one of the greatest challenges facing domestic and international business today. It has risen from a boardroom issue to one drawing the awareness and attention of both personnel and the...more
On February 10, 2025, President Donald Trump announced his intention to impose 25% tariffs on imports of all steel and aluminum, two materials found in nearly every construction project. These tariffs are set to take effect...more
The scope of new import tariffs and regulations portends significant operational risks and disruptions. It is easy to imagine numerous companies that depend on imports for production purposes are facing a new set of...more
Despite the announcement of the inevitability of the impending tariffs on various countries, the 25 percent tariffs on goods from Canada and Mexico are on hold until March 5, 2025, unless an agreement can be reached between...more
In recent months, tariffs have become a significant concern for businesses importing goods, particularly in relation to trade agreements between the U.S., Mexico, and Canada, as well as with other countries. The U.S....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
Yesterday, Kilpatrick released a Primer on Tariffs Under the Trump Administration. The Primer gives readers a background overview of what tariffs are, their legal underpinnings, how they were utilized in the prior Trump...more
As President-elect Trump continues to shape his economic plan with significant tariff policies, it’s crucial for businesses to stay informed about the potential risks and opportunities his announcements may bring....more
As the second Trump administration begins next week, developers, contractors, subcontractors and suppliers are evaluating the extent of the construction industry’s international ties – and contractual exposure to potential...more
In this webinar, attorneys will be focusing on understanding the distinction between contractors and employees. This will include the re-characterization of a contractor into an employee as well as from an employee into an...more
The U.S. Trade Representative (USTR) announced 25% tariffs on Chinese goods on June 15, targeting industrial goods that amount to roughly US$34 billion in annual exports to the United States, with a review underway for an...more