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Trump Issues Reciprocal Tariff Letters to 8 Additional Trade Partners

On Wednesday, July 9, President Trump issued letters to eight additional trade partners notifying them of their country-specific reciprocal tariff rates that will go into effect on August 1. An updated reciprocal tariff chart...more

President Trump Announces New Country-Specific Reciprocal Tariffs

On Monday, President Trump announced new country-specific reciprocal tariff rates for a number of trading partners in a series of letters posted to Truth Social. President Trump also signed an executive order that further...more

Trump Announces Sweeping Reciprocal Tariffs

On April 2, 2025, President Trump signed an Executive Order (EO) imposing reciprocal tariffs on most nations. The new tariffs, which include a baseline rate of 10 percent as well as higher rates for dozens of trading...more

President Trump Imposes Reciprocal Tariffs on Most Countries, Covering Most Goods

On April 2, 2025, President Trump signed an Executive Order (EO) imposing reciprocal tariffs on most nations. The new tariffs, which include a baseline rate of 10 percent as well as higher rates for dozens of trading...more

U.S. Extends General License No. 2 Authorizing Transactions with Certain Belarusian Companies

On October 22, 2019, the Office of Foreign Assets Control (OFAC) issued General License No. 2G authorizing U.S. persons to engage in transactions involving nine companies: Belarusian Oil Trade House, Belneftekhim,...more

U.S. Extends General License No. 8, Authorizing Dealings with Certain U.S. JVs in Venezuela

Yesterday, the Office of Foreign Assets Control (OFAC) issued General License No. 8D, authorizing U.S. persons to engage in transactions and activities involving Petroleos de Venezuela, S.A. (PdVSA) that are ordinarily...more

President Trump to Sanction Turkey with Steel Tariffs and Halt Trade Deal

On Monday, October 14, 2019, President Trump announced that the U.S. will increase steel tariffs to 50% as a sanction against Turkey’s military advance into Syria last week. The steel tariffs were originally imposed at 25%...more

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