On April 9, 2025, President Trump walked back his April 2, 2025 announcement of increased global tariffs (see our client alert here). Under the April 9 Executive Order, the country-specific tariffs — except those on the...more
On April 2, 2025, President Trump announced a minimum tariff of 10% on all imported goods, which take effect on April 5 at 12:01am EDT. He also announced “discounted reciprocal tariffs” higher than 10% for goods from several...more
Copper is used extensively in the electronic goods sector from transformers to radios and TVs but is also a critical component in wiring, alternators, radiators, industrial machinery, and electrical motors....more
If you are a seller or purchaser of natural gas imported from Canada or Mexico, or exported to either country, under an NAESB Base Contract for the Purchase and Sale of Natural Gas (NAESB Contract), you should carefully...more
In its first day, the Trump Administration issued a package of new executive orders and policy memoranda that impact many sectors of the economy. Included in the package is a release titled the America First Trade Policy, in...more
1/23/2025
/ America First Trade Policy ,
Executive Orders ,
Imports ,
International Trade ,
National Security ,
Section 232 ,
Supply Chain ,
Tariffs ,
Trade Expansion Act of 1962 ,
Trump Administration ,
U.S. Commerce Department
On April 29, 2024, the IRS and the Department of Energy (DOE) announced the process by which they will accept and process applications on round two of the Section 48C(e) qualifying advanced project energy tax credit. Section...more
On February 29, 2024, President Biden nominated three new commissioners of the Federal Energy Regulatory Commission (“FERC”). The nominations will be reviewed and voted on by the Senate Energy and Natural Resources Committee...more