News & Analysis as of

Presidential Memorandum Trade Relations

Torres Trade Law, PLLC

President Trump Announces Plan to Establish “Reciprocal Tariffs” on All Countries

On February 13, 2025, President Trump issued a Presidential Memorandum on “Reciprocal Trade and Tariffs” (the “Reciprocal Tariffs Memorandum”), introducing the “Fair and Reciprocal Plan” to determine “the equivalent of a...more

K&L Gates LLP

President Trump Takes Additional Actions on Reciprocal Tariffs, Shipping, and Digital Services Taxes

K&L Gates LLP on

On 21 February 2025, President Trump ordered three additional steps to implement the America First Trade Policy announced on 20 January 2025: Establish a notice and comment process for the US Trade Representative (USTR) to...more

Holland & Knight LLP

Overview of the Trump Administration's Memorandum on Reciprocal Trade and Tariffs

Holland & Knight LLP on

President Donald Trump issued a memorandum on reciprocal trade and tariffs on Feb. 13, 2025, citing the economic and national security threat posed by the trade deficit, as outlined in the Jan. 20, 2025, America First Trade...more

Akerman LLP

President Trump’s “America First Trade Policy” and Other Week One Trade Actions

Akerman LLP on

On January 20, 2025, within a few hours of his return to the White House, U.S. President Donald Trump signed an “America First Trade Policy” memorandum, revealing the initial priorities of his trade agenda. Week one in the...more

Steptoe & Johnson PLLC

President Moves to Secure Domestic Production and Processing of Rare Earth Elements

Steptoe & Johnson PLLC on

Flying under the radar in past years, the recovery of Rare Earth Elements (“REE”) and the importance of REE to manufacturing in the United States are now recognized as crucial issues implicating national security. REEs -...more

Foley & Lardner LLP

New Section 301 Tariffs Target Numerous Automotive-Sector Imports: Coping Strategies and Prospects for Product-Specific Relief

Foley & Lardner LLP on

The automotive sector is getting a quick primer on the various ways in which the international trade laws can target automotive imports. In addition to the announcement of a potential Section 232 tariffs or other trade...more

Foley & Lardner LLP

New Section 301 Expanded Tariffs and Exclusions Process Bring Danger and Opportunities for U.S. Importers and Consumers

Foley & Lardner LLP on

Listening to companies that predicted chaos within their supply chains if there were not some kind of exemption process for the Section 301 tariffs, the U.S. Trade representative has announced a process for importers to...more

Morgan Lewis

Implications for Chinese Investment in the US After Section 301 Report

Morgan Lewis on

Section 301 provides the president with broad authority to implement new policies and procedures that could impact reviews of Chinese investment in the United States. The president could rely on the International Emergency...more

Jones Day

Revised U.S. Regulations Support Cuba's Private Sector, but Travel Restrictions Remain

Jones Day on

The Situation: Regulations implementing tightened U.S. policy towards engagement with Cuba have rolled back a number of Obama-era initiatives and are effective immediately. The Result: Provisions that encourage Cuban...more

Jones Day

President Trump Revises U.S. Policy on Cuba

Jones Day on

On June 16, 2017, President Trump announced revisions to U.S. policy toward engagement with Cuba and a limited rollback of certain sanctions relief provided by the Obama Administration....more

Latham & Watkins LLP

Cuba & Trump: What the Changes Mean

Latham & Watkins LLP on

On December 17, 2014, President Obama announced that the United States would “chart a new course” on its Cuba policy. Starting in January 2015, and for the next two years, the Treasury Department’s Office of Foreign Assets...more

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