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K&L Gates LLP

The Trump Administration Announces Trade Agreement With the United Kingdom

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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

Akin Gump Strauss Hauer & Feld LLP

Liquefied Natural Gas Export Authorizations Closer After DOE Releases Final Response to Comments on 2024 LNG Export Study

On May 19, 2025, the Department of Energy (DOE) finalized its 2024 LNG Export Study: Energy, Economic and Environmental Assessment of U.S. LNG Exports (the 2024 Study) through the release of a Response to Comments on the 2024...more

BakerHostetler

A Refocused China Initiative: DOJ’s New White Collar Enforcement Strategy

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On May 12, 2025, Matthew Galeotti, Head of the Department of Justice’s (DOJ) Criminal Division, unveiled a comprehensive white collar enforcement strategy titled “Focus, Fairness, and Efficiency in the Fight Against...more

Gray Reed

Understanding Incoterms and Tariffs: A Guide for International Trade

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International trade is a complex web of regulations, agreements and logistics. For those whose businesses rely upon international trade two things are certain, (1) tariffs will impact your supply chain and operational costs...more

Hogan Lovells

The UK-India free trade agreement – what we know so far

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The UK and India have concluded talks on a free trade agreement. Although the text of the free trade agreement has not been released, the UK Government’s “summary of conclusions“ provides insights regarding the wide range of...more

Holland & Knight LLP

President Trump Announces Intent to Lift Syria Sanctions

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During an investment forum in Riyadh, Saudi Arabia, on May 13, 2025, President Donald Trump announced his intent to lift sanctions on Syria, stating that sanctions relief will "give them a chance at greatness."...more

WilmerHale

US Export Controls on “AI Diffusion” Officially Paused, but New Guidance Elevates Risk for AI-Related Exports

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On May 13, 2025, the Department of Commerce formally signaled its intention to rescind the Biden Administration’s Framework for Artificial Intelligence Diffusion (AI Diffusion Rule) two days before the January 2025 Interim...more

White & Case LLP

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

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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

Lathrop GPM

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

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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

Warner Norcross + Judd

U.S. and U.K. Trade Update

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The United States and the United Kingdom have agreed to ease the trade tension between the two countries by deciding to implement a few sectoral measures related to automotive, agriculture and overall access to each other’s...more

Alston & Bird

U.S. Reaches Agreement on Trade Deal with United Kingdom

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President Trump and UK Prime Minster Keir Starmer announced on Thursday morning that the two countries have agreed on a trade deal, although many of the details are yet to be finalized. The agreement, which focuses on tariff...more

Mayer Brown

UK Weekly Sanctions Update - Week of May 5, 2025

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In this weekly update, we summarise the most notable updates in the UK sanctions world. If you have any questions in respect of any of the developments set out below, please do not hesitate to contact a member of our London...more

Mayer Brown

European Commission Initiates Consultation on New Retaliation in Response to US Tariffs

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INTRODUCTION - On 8 May 2025 the European Commission announced a consultation on potential countermeasures in response to recent US tariffs on EU products. This development is part of ongoing trade tensions between the EU...more

Akin Gump Strauss Hauer & Feld LLP

EU Publishes New List of Products that Could be Subject to Retaliatory Tariffs and Invites Comments from Stakeholders

On Thursday, the European Commission opened a public consultation on a proposed list of U.S. imports that could face European Union (EU) countermeasures if current negotiations between the EU and the U.S. fail to reach a fair...more

Husch Blackwell LLP

Europe Threatens Additional Retaliatory Tariffs Against the United States

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The European Union (EU) has proposed additional retaliatory tariffs on €100 billion of imports from the United States, if negotiations are unsuccessful. The list includes aircraft, vehicles, agricultural products, medical...more

Mayer Brown

UK Weekly Sanctions Update - Week of April 28, 2025

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In this weekly update, we summarise the most notable updates in the UK sanctions world. RUSSIA SANCTIONS - UK Government amends one entry on UK sanctions list under the Russia regime: On May 1, 2025, the UK Government...more

Clark Hill PLC

Death of foreign trade zones?

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Overview Recent executive orders (EOs) by the Trump administration have introduced changes that may significantly impact businesses utilizing foreign trade zones (FTZs). These changes relate to the imposition of reciprocal...more

Ropes & Gray LLP

Applicability of the Trump Administration’s Reciprocal Tariff Executive Order on Software and Digital Exports

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On April 2, 2025, President Trump issued an executive order (Executive Order 142571) to implement “reciprocal tariffs” on United States trading partners (the “EO”). Although the Trump administration subsequently paused the...more

Miles & Stockbridge P.C.

Left Out of ‘Liberation Day’: Demystifying Continuing Import Sanctions and Tariffs on Russia

President Donald Trump issued an executive order (EO) earlier this month announcing sweeping “reciprocal” tariffs on imports from countries across the world. One country missing from the EO’s increased tariffs was Russia,...more

Rothwell, Figg, Ernst & Manbeck, P.C.

Fedtrade® Podcast – Tony Davis, Australian Trade and Investment Commission on Australia/U.S. Trade

Hello, welcome to Fedtrade®. I’m James Hastings of Rothwell Figg. Joining us on the podcast today is Tony Davis, Executive General Manager, The Americas of the Australian Trade and Investment Commission (“Austrade”). Tony...more

American Conference Institute (ACI)

[Event] Trade & Sanctions Compliance for the Oil and Gas Industry - May 21st - 22nd, Houston, TX

Between tariffs, tightening export controls, evolving sanctions, and ramped up enforcement, the cost and complexity of compliance is rising for oil and gas supply chains. ACI’s Trade & Sanctions Compliance for the Oil and...more

WilmerHale

President Trump Announces Three New Section 232 Investigations After Suspending Reciprocal Tariffs, Excluding Certain Electronics,...

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The Trump Administration has formally launched three separate national security investigations under Section 232 of the Trade Expansion Act of 1962 including on: 1) imports of semiconductors (including downstream electronic...more

Foley & Lardner LLP

Foley Automotive Update and the Latest Insights on Tariffs

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Foley & Lardner provided an updated assessment on the status and structure of automotive import tariffs, as well as an overview of the Trump administration’s pause in the rollout of certain reciprocal tariffs. Visit Foley &...more

Thomas Fox - Compliance Evangelist

Compliance Tip of the Day: The Role of Supply Chain and Compliance in Tariffs

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements. Whether you’re a seasoned...more

Vedder Price

Global Transportation Finance Newsletter | April 2025

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1. Remember Basic Import Rules when Calculating Tariffs 3. Taking Off: Financing the eVTOL Revolution 5. Court Decides Lessee’s Failure to Engage Won’t Fly 7. In Discussion with Molly McCafferty 9. The Mouse That...more

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