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U.S. Introduces “Fair and Reciprocal Plan,” Marking Significant and Impactful Shift in Trade Policy
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Keith Matthews and Kim Reynolds: Talking Ag Biotech Episode 6
Both chambers are in session this week. House and Senate Republican leaders will continue working on a compromise budget resolution that could reach the Senate floor later this week. The resolution will establish formal plans...more
Getting an early start on the impending tariff increases on April 2, President Trump has announced new 25 percent tariffs on automobiles and certain automobile parts. These tariffs are an extension of a Section 232...more
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
The tariff landscape continues to shift. On April 2, 2025, the current pause on tariffs for many Mexican and Canadian imports is set to expire, while tariffs on all countries importing Venezuelan oil are set to take effect....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
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
This article was originally published shortly after the election on November 26, 2024. It has been updated to reflect updates from U.S. Presidential Actions and foreign trade partner countermeasures taken after President...more
Since we last wrote The Kaleidoscope of International Trade: Trump’s Tariffs and What the Mean for You, the Trump administration has caused more uncertainty regarding its tariff policies and stirred more retaliation from...more
On February 1, 2025, using authority under the International Emergency Economic Powers Act (IEEPA) and other legal provisions, President Donald Trump signed three executive orders (EOs) imposing new tariffs on all goods from...more
Welcome to the March 2025 issue of “As the (Customs and Trade) World Turns,” our monthly newsletter where we compile essential updates from the customs and trade world over the past month. We bring you the most recent and...more
We continue to follow the U.S.-Canada trade dispute and will update this post as required. The most recent series of events began with the White House’s March 2, 2025 announcement that, effective 12:01 a.m. EST on...more
The 25 Percent Tariff on Canadian and Mexican Products - On March 3, 2025, the Trump administration announced that the United States would proceed with its anticipated plan to impose a 25 percent tariff on products imported...more
President Trump has announced that his administration will be increasing tariffs on Canadian steel and aluminum from 25% to 50%. The announcement comes on the heels of Ontario Premier Doug Ford’s imposition of a new tax on...more
Between March 4, 2025, and March 6, 2025, U.S. trade policy in North America changed course multiple times as the Trump administration initially implemented previously paused tariffs on imports from Canada and Mexico, and two...more
New trade policies—and particularly tariffs—are at the top of the agenda for President Donald Trump and his new Administration. Indeed, in his first weeks in office, President Trump has already imposed tariffs on major...more
Additional IEEPA Tariffs Imposed - On March 4, new tariffs under the International Emergency Economic Powers Act (IEEPA) went into effect on imports from Canada and Mexico....more
Effective last Tuesday, most U.S. imports from China are now subject to 20% emergency tariffs and imports from Canada and Mexico are subject to 25% emergency tariffs, in addition to any other applicable import duties. These...more
On March 4, 2025, the Trump Administration imposed 25% import tariffs on nearly all Canadian and Mexican origin goods under the International Emergency Economic Powers Act (“IEEPA”)....more
Tuesday, President Trump announced the implementation of new tariffs targeting imports from Canada, Mexico, and China, making good on his promise last month in the event measures were not taken by these countries to stem the...more
In just under two months since President Donald J. Trump assumed office, multiple tariff measures have been implemented, with additional measures under consideration. These tariffs aim to regulate imports into the U.S. for...more
The 2025 steel and aluminum tariffs are already reshaping cost structures in the construction sector, adding financial pressures to an industry that had hoped for more stability this year. On March 4, 2025, the U.S. imposed a...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
On March 6, 2025, President Trump announced the amendment of the Executive Orders issued on February 2, 2025 imposing tariffs on Canada and Mexico to exclude goods that qualify for preferential treatment under the United...more
The United States has announced the imposition of new tariffs on Canadian goods, effective immediately as of March 4, 2025. These tariffs include a 25% surcharge on a wide range of products imported from Canada....more
Effective as of 12:01 a.m. EST, Tuesday, March 4, 2025, the United States imposes 25 per cent tariffs on almost all goods imported from Canada. A lower tariff of 10 per cent is imposed on Canadian energy and resource products...more