Tariffs on Canada, Mexico, and China - On March 4, 2025, the United States will implement previously suspended tariffs on imports from Canada and Mexico, as well as new tariffs on Chinese imports, marking a significant...more
2/28/2025
/ Bureau of Industry and Security (BIS) ,
Canada ,
China ,
Export Controls ,
Exports ,
Imports ,
Mexico ,
National Security ,
Section 232 ,
Supply Chain ,
Tariffs ,
Trade Relations ,
Trump Administration ,
US Trade Policies
On February 10, 2025, President Trump issued two new proclamations that modify the steel and aluminum tariffs originally imposed in 2018 under Section 232 of the Trade Expansion Act of 1962. These actions expand the existing...more
2/18/2025
/ Imports ,
International Trade ,
National Security ,
Presidential Proclamations ,
Section 232 ,
Supply Chain ,
Tariffs ,
Trade Expansion Act of 1962 ,
Trade Policy ,
Trade Relations ,
U.S. Commerce Department ,
US Trade Policies ,
USTR
As U.S. trade policies continue to evolve (sometimes in the matter of hours), businesses must be prepared for sudden shocks and disruptions that can impact their supply chains. The U.S. government’s actions during the recent...more
In October 2024, the Bureau of Industry and Security (“BIS”) issued new guidance to financial institutions (“FIs”) on best practices for compliance with the Export Administration Regulations (“EAR”). This guidance outlines...more