News & Analysis as of

Executive Orders Tariffs Trade Relations

Kelley Drye & Warren LLP

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

Sheppard Mullin Richter & Hampton LLP

A Time Machine and a Bag of Hammers: U.S. Tariffs are not Over

If the White House wants tariffs, but the courts strike down the Reciprocal Tariffs, what other options are out there? This is the question we asked ourselves and the answer is: there are plenty of other options. If it...more

Clark Hill PLC

President Trump announces sweeping new tariff rates on key trading partners

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On July 7, President Donald J. Trump signed an executive order extending the current pause on reciprocal tariffs through August 1, 2025, postponing implementation of country-specific reciprocal rates until that time. The...more

Alston & Bird

Liberation Day Encore Week

Alston & Bird on

On the Monday after Independence Day weekend, President Trump’s Liberation Day tariffs returned to the spotlight as the suspension of country-specific reciprocal tariffs is set to expire on July 9. The President issued an...more

Brownstein Hyatt Farber Schreck

President Trump Sends Letters Updating Tariffs; Extends “Reciprocal” Tariff Pause to Aug. 1

On July 7, President Trump began sending letters to select U.S. trading partners informing them of new “reciprocal” tariff rates that will be effective Aug. 1. These letters update the rates that the recipient country was...more

Husch Blackwell LLP

Reciprocal Tariff Rates Pushed Back to August 1st

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On Monday, July 7th, President Trump issued an Executive Order extending the deadline to re-impose higher reciprocal tariff rates on other countries from July 9, 2025 to August 1, 2025. This extension does not apply to the...more

Skadden, Arps, Slate, Meagher & Flom LLP

The UK-US ‘Economic Prosperity Deal’ and Its Impact

On May 8, 2025, the U.K. and U.S. announced a trade deal to reduce or remove tariffs on each other’s exports, including on cars, steel and aluminum, and released the general terms for a potential U.K.-U.S. trade agreement....more

Stikeman Elliott LLP

Back-and-Forth Levies in the North American Trade War: U.S. Tariffs and Canada’s Countermeasures (Update)

Stikeman Elliott LLP on

We continue to follow the U.S.-Canada trade dispute, in the context of the changing global trade situation, and will continue to update the following as required. This post updates the situation to include (i) the U.S....more

Alston & Bird

U.S. Signs Trade Deal with U.K. on Autos, Aerospace, but Overall Picture on Future of Reciprocal Tariffs Remains Murky

Alston & Bird on

On Monday, June 16, while at the G7 Summit in Alberta, Canada, President Trump signed an agreement with the U.K. to lower tariffs on certain British imports including automobiles and aerospace products. The agreement,...more

Adams & Reese

Tariff Update: Pauses, New Tariffs, and Lawsuits

Adams & Reese on

President Trump continues to expand his trade policy by announcing proposed increased tariffs, while trading partners attempt to effectuate trade deals with the US, and as President Trump’s authority to impose his initial...more

Clark Hill PLC

CHPS Podcast Episode 4: Tariffs and Trade Impact

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In Episode 4 of CHPS of Insight, host Chris White and Kelsey Christensen explore the ongoing complexities of tariffs and trade policies that continue to shape global commerce and economic policy. Chris and Kelsey provide a...more

Baker Botts L.L.P.

Progress Achieved in U.S. Trade Talks with China and United Kingdom

Baker Botts L.L.P. on

After announcing and then pausing the implementation of wide-ranging reciprocal tariffs last month, the Trump Administration has recently taken notable steps aimed at recalibrating and improving U.S. trading relationships....more

Wilson Sonsini Goodrich & Rosati

Do April Tariff Showers Bring May Trade Deal Flowers?

Following the introduction and partial rescission of the “Liberation Day” tariffs last month, the latest U.S. government actions have largely—though not universally—continued down the path of an easing tariff burden. Of...more

McGuireWoods LLP

U.S. and China Move to Lower Tariffs, Relieve Supply Chain Pressures, Costs for Businesses

McGuireWoods LLP on

The United States and the Republic of China announced a significant step toward easing longstanding trade tensions, with both nations agreeing to lower a series of tariffs imposed during the ongoing trade dispute. The...more

White & Case LLP

United States and China Agree to Partially De-escalate April Tariffs

White & Case LLP on

On May 12, 2025, the United States and China issued a joint statement in Geneva outlining an agreement to de-escalate from the latest rounds of tariff increases. The arrangement reduces tariffs back to the levels of the...more

Troutman Pepper Locke

Temporary Reduction of Reciprocal Tariffs on Chinese Goods Following US-China Trade Truce

Troutman Pepper Locke on

On May 12, President Trump issued an executive order, “Modifying Reciprocal Tariff Rates to Reflect Discussions with the People’s Republic of China” (the Order), temporarily lowering reciprocal tariffs on Chinese imports that...more

Lathrop GPM

U.S.-China Trade Update: Trade Deal Brings Tariff and Policy Changes

Lathrop GPM on

This information was current as of 8:00 a.m. CT, May 15, 2025. We will update as changes occur. On May 12, 2025, the United States and China jointly announced a temporary trade agreement aimed at de-escalating ongoing...more

Dorsey & Whitney LLP

U.S. Agrees to Lower Tariffs on Imports from China and United Kingdom; Trump Administration Launches New Investigation Into...

Dorsey & Whitney LLP on

On May 12, 2025, President Trump issued an executive order temporarily reducing the “reciprocal” tariffs on China, Hong Kong, and Macau origin goods from 125% to 10%, and lowering tariffs imposed on international mail parcels...more

Husch Blackwell LLP

Summary of Tariff Requirements Updated: May 14, 2025

Husch Blackwell LLP on

Provided below is a status update and summary of tariffs that have been implemented since February 1, 2025, and its impacts on imports from multiple countries. IEEPA Tariffs - IEEPA tariffs were announced on February 1,...more

Benesch

Trade Deal Q&A - China and UK Developments and Impacts

Benesch on

Potential clarity on reciprocal tariff expectations may be emerging after framework trade deals announced with China and the United Kingdom. On May 12, 2025, the White House issued a Fact Sheet and Executive Order (“EO”)...more

ArentFox Schiff

US-China Tariff Truce? 90-Day Pause Begins May 14

ArentFox Schiff on

On May 12, the United States and the People’s Republic of China announced a temporary 90-day agreement to roll back some of the reciprocal tariffs increases imposed in April. The agreement decreases the China reciprocal...more

Polsinelli

United States and China Announce Temporary 115 Percent Reduction in Tariffs While Trade Discussions Continue

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After negotiations over the weekend in Geneva, Switzerland, the United States and China reached a new trade deal on Monday, May 12, 2025, to temporarily slash tariffs on each country’s goods by 115 percent for the next 90...more

Husch Blackwell LLP

U.S. and China Agree to Reduce Tariffs for 90 Days

Husch Blackwell LLP on

On May 11, 2025, the U.S. announced that it had reached an agreement with China to mutually reduce tariffs against each country for 90 days. The reduced rates, discussed below, will take effect for goods entered on or after...more

Warner Norcross + Judd

A 90-Day Reprieve in U.S./China Trade Relations

Warner Norcross + Judd on

On May 11, 2025, the United States and China concluded their trade negotiations in Geneva, Switzerland. Both countries agreed to make certain “beneficial economic” commitments to deescalate the trade war, the most important...more

DLA Piper

The Second Trump Administration’s First 100 days

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The first 100 days of the second Trump Administration have been marked by a flurry of Executive Orders (EOs) and policy memoranda intended to advance President Donald Trump’s “America First” agenda. In the process, these...more

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