On 8 May 2025, US President Donald Trump and UK Prime Minister Kier Starmer announced an agreement on General Terms of the Economic Prosperity Deal (EPD) between the United States and the United Kingdom. Although not a...more
On 2 April 2025, President Trump announced a series of “reciprocal” tariffs on US imports from all countries. The tariffs apply at different rates by country, starting at a baseline of 10% and reaching as high as 50%....more
President Trump’s promise to impose a new 25% tariff on goods produced in Mexico has prompted many companies to consider alternatives to their current or planned operations in Mexico. The decades following the 1994 North...more
2/3/2025
/ Foreign Direct Investment ,
Foreign Investment ,
Imports ,
Incentives ,
International Trade ,
Manufacturers ,
Manufacturing Facilities ,
Mexico ,
Supply Chain ,
Tariffs ,
Trade Relations ,
United States-Mexico-Canada Agreement (USMCA)
Here are 10 ways to avoid, mitigate, or delay the costs of new tariffs that President-elect Trump has promised for countries like China, Canada, and Mexico: Confirming country of origin: Determine whether tariffs apply by...more
1/16/2025
/ Canada ,
China ,
Corporate Counsel ,
Imports ,
Mexico ,
National Security ,
Section 232 ,
Section 301 ,
Supply Chain ,
Tariffs ,
Trade Relations
President Biden issued a Proclamation on 21 April 2022 to “prohibit Russian-affiliated vessels from entering into United States ports.” As discussed in this alert, this action significantly builds upon U.S. sanctions against...more
4/28/2022
/ Atomic Energy Act ,
Biden Administration ,
Blocked Person ,
Economic Sanctions ,
Imports ,
Maritime Transport ,
Office of Foreign Assets Control (OFAC) ,
Ports ,
Presidential Proclamations ,
Russia ,
SDN List ,
Shipping Cargo ,
Trade Restrictions ,
Vessels
As an update to K&L Gates’ previous alerts of 24 February and 25 February, U.S. President Joe Biden issued two executive orders (EOs) last week imposing additional sanctions against Russia. The first order, EO 14066, issued...more
3/16/2022
/ Belarus ,
Biden Administration ,
Economic Sanctions ,
Energy Sector ,
Executive Orders ,
Export Administration Regulations (EAR) ,
Export Controls ,
Foreign Investment ,
Foreign Policy ,
Imports ,
Office of Foreign Assets Control (OFAC) ,
Trade Restrictions
A recent Federal Circuit court decision promises to significantly impact and broaden the scope of the types of foreign-produced pharmaceutical products companies can sell to the U.S. government.
...more