In light of the recent changes to U.S. trade policy, specifically the imposition of tariffs under the Trump administration, Faegre Drinker’s trade team has received a significant number of inquiries from clients and partners...more
The breaking tariff news continues — this time with a focus on steel and aluminum imports. On Monday, February 10, 2025, President Trump issued an executive order expanding his 2018 Section 232 national security tariffs...more
With less than three weeks remaining before President-elect Joe Biden is inaugurated as the 46th President of the United States, the Trump administration launched the latest salvo in the decades-long trans-Atlantic dispute...more
On April 18, 2020, President Trump signed an Executive Order providing additional economic support for U.S. businesses during the COVID-19 pandemic. The Executive Order gave the Treasury Department the authority to implement...more
The United States has reached an agreement with China that will reduce the tariff rate to 7.5 percent for approximately $120 billion of Chinese goods (a reference to merchandise on List 4A) currently subject to Section 301...more
President Trump, on December 2, 2019, announced via a Twitter post that the tariff exemptions granted to Argentina and Brazil from tariffs of 25 percent on steel imports and 10 percent on aluminum imports would end “effective...more
12/3/2019
/ Agricultural Sector ,
Aluminum Sales ,
Argentina ,
Brazil ,
Bureau of Industry and Security (BIS) ,
Customs and Border Protection ,
Exports ,
Imports ,
Section 232 ,
Steel Industry ,
Supply Chain ,
Tariffs ,
Trade Relations ,
Trump Administration ,
U.S. Commerce Department ,
US Trade Policies
On October 21, 2019, the Office of the United States Trade Representative (“USTR”) announced the commencement of the process for submitting tariff exclusion requests for imports from China that became subject to 15 percent...more
10/23/2019
/ China ,
Exclusions ,
Imports ,
Section 301 ,
Supply Chain ,
Tariffs ,
Trade Act of 1974 ,
Trade Relations ,
Trump Administration ,
US Trade Policies ,
USTR
On August 20, 2019, the Office of the United States Trade Representative (USTR) published a Federal Register (FR) notice providing the List 4 products that are of Chinese origin and subject to increased tariffs. See 84 FR...more
On August 1, 2019, President Trump announced in a tweet that the United States will impose a duty of 10 percent on $300 billion of Chinese imports beginning on September 1, 2019.
As of the issuance of this alert, the...more
President Trump issued an official statement on May 30 announcing the Administration’s intention to impose an additional 5% tariff on all imports from Mexico, effective on June 10, unless the Mexican government takes more...more
6/3/2019
/ Cross-Border Transactions ,
Foreign Relations ,
Immigration Enforcement ,
Immigration Reform ,
Imports ,
International Emergency Economic Powers Act (IEEPA) ,
Mexico ,
Tariffs ,
Trade Relations ,
Trump Administration ,
Undocumented Immigrants ,
United States-Mexico-Canada Agreement (USMCA) ,
US Trade Policies
On May 15, 2019, President Trump issued an Executive Order (EO), “Securing the Information and Communications Technology and Services Supply Chain.” The EO directs the U.S. Department of Commerce to lead an interagency effort...more
5/16/2019
/ China ,
Economic Sanctions ,
Executive Orders ,
Export Administration Regulations (EAR) ,
Foreign Adversaries ,
Huawei ,
International Emergency Economic Powers Act (IEEPA) ,
Licensing Rules ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Prohibited Transactions ,
Supply Chain ,
Telecommunications ,
Trump Administration ,
U.S. Commerce Department
The Office of the United States Trade Representative (“USTR”) on May 13, 2019, released a list of $300 billion of Chinese imports that it is proposing to be subject to 25 percent duties. The announcement follows a May 5,...more
Trade Talks End Without Agreement -
The latest round of trade negotiations between the United States and China ended on May 10, 2019, without an agreement between the two sides. Chinese Vice Premier Liu He reportedly...more
5/10/2019
/ China ,
Customs and Border Protection ,
Exports ,
Imports ,
Section 301 ,
Supply Chain ,
Tariffs ,
Trade Negotiations ,
Trade Relations ,
Trump Administration ,
US Trade Policies ,
USTR
The Office of the United States Trade Representative (“USTR”), in response to new developments in negotiations with China and directions from President Trump, is preparing to impose additional duties on Chinese imports under...more