News & Analysis as of

Customs and Border Protection Tariffs Retaliatory Tariffs

Goodwin

The Trump Tariffs Update

Goodwin on

In fewer than three months, the Trump administration has upended decades of US trade policy and practice in the wake of the administration’s America First Trade Policy articulated in the January 20, 2025, Presidential...more

Husch Blackwell LLP

Tariffs on China raised to 125%, Rates for Other Countries Lowered to 10% for 90 days

Husch Blackwell LLP on

On April 9, 2025, President Trump issued an Executive Order titled “Modifying Reciprocal Tariff Rates to Reflect Trading Partner Retaliation and Alignment”, increasing the reciprocal tariff rates for China to 125%....more

Mayer Brown

Heightened Enforcement Risks and Opportunities in International Trade

Mayer Brown on

On April 2, 2025, the Trump Administration imposed a sweeping new set of tariffs against imported goods as part of its efforts to remake the framework for international trade. ...more

Husch Blackwell LLP

President Trump Further Increases the Reciprocal Tariff on Chinese Imports

Husch Blackwell LLP on

On April 8, 2025, President Trump, acting under the authority of the International Emergency Economic Powers Act of 1977 (“IEEPA”), issued an Executive Order (“EO”) titled “Amendment to Reciprocal Tariffs and Updated Duties...more

Wilson Sonsini Goodrich & Rosati

Understanding the "Liberation Day" Tariffs

On April 2, 2025, President Trump signed a new Executive Order (the “Liberation Day EO”) implementing additional tariffs on almost all U.S. trading partners, invoking the International Emergency Economic Powers Act (IEEPA)....more

Kelley Drye & Warren LLP

Tariffs on Steel and Aluminum Products, Including Derivative Products, Come into Effect

Tariffs of 25% on steel and aluminum mill products from all sources, imposed under Section 232 of the Trade Expansion Act of 1962, went in effect at 12:01 this morning...more

Benesch

Tariff Mitigation Toolbox - Using Bonded Warehouse and FTZs

Benesch on

The threat of a looming trade war has left United States importers scrambling for tools to help ameliorate the impact of customs duties. In many ways we are entering a higher cost operating environment. ...more

Quarles & Brady LLP

New Tariffs Mean New Targets of the False Claims Act

Quarles & Brady LLP on

The value of goods imported to the United States in Fiscal Year 2024 was $893.15 billion, and as a result, U.S. Customs and Border Protection (“CBP”) collected $24.37 billion in duties, taxes and fees for those imports. Given...more

ArentFox Schiff

Navigating Executive Orders From the Oval Office

ArentFox Schiff on

In an unprecedented and highly fluid series of US trade announcements emanating from Washington, DC, the latest Executive Orders (EOs) announced this past Friday and this week’s EO on steel imports did little to calm c-suite...more

Wiley Rein LLP

New 10% Tariffs on Chinese Goods Take Effect; Canada and Mexico Tariffs Postponed 30 Days by Trump Administration

Wiley Rein LLP on

President Trump signed three Executive Orders imposing additional duties on goods from Canada, Mexico, and China, pursuant to the International Emergency Economic Powers Act (IEEPA). According to a White House fact sheet, the...more

Quarles & Brady LLP

The Impact of President-Elect Trump's Proposed Tariffs on U.S. Businesses

Quarles & Brady LLP on

On November 25, 2024, President-elect Trump announced that he would impose an additional 10% tariff on China, and 25% tariffs on Mexico and Canada, garnering considerable attention both for their potential to reshape the U.S....more

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