Tit For Tat US China Trade War
On July 7, 2025, President Trump signed an executive order (the Order) once again extending the temporary suspension of reciprocal tariffs that were originally set forth in his April 2 “Liberation Day” Executive Order 14257...more
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
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
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
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
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
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
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
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
On April 2, 2025, after weeks of speculation and heightened geopolitical tension, President Trump announced sweeping global tariffs on what he dubbed “Liberation Day”. The tariffs included a baseline universal tariff of 10%...more
President Trump signed a new executive order, “Modifying Reciprocal Tariff Rates to Reflect Trading Partner Retaliation and Alignment” (the Order) on April 9, marking yet another significant shift in U.S. trade policy. The...more
On April 2, 2025, President Donald Trump issued an executive order (Reciprocal Tariffs EO) imposing a 10% baseline reciprocal tariff on nearly all US trading partners, effective April 5, and an additional reciprocal tariff on...more
On April 2, 2025, the President announced the imposition of reciprocal tariffs on goods imported into the United States from a broad range of countries at an initial 10% rate. Higher rates for specific countries were...more
Today the White House released written details for its modification of the “Reciprocal Tariff” program originally announced on April 2, 2025. This most recent Executive Order (the “E.O.”) issued on April 10, 2025, provides...more
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
On April 2, 2025, the Trump Administration announced new, comprehensive tariff rates representing the most significant change in US trade policy in a generation—a paradigm shift from an era of low tariffs to an approach based...more
On March 3, 2025, the Office of the United States Trade Representative (USTR) released the 2025 Trade Policy Agenda and 2024 Annual Report by the United States Trade Representative of the President of the United States on the...more
UPDATE: On April 9, just hours after higher country-specific reciprocal tariffs took effect on imports from a wide-range of countries, President Trump announced a 90-day pause for countries that have not retaliated against...more
China on April 4, 2025, announced a third and significantly escalated round of retaliatory measures in response to the United States' latest tariff action. This follows President Donald Trump's Executive Order (EO) 14257...more
On April 2, 2025, President Trump announced long-awaited reciprocal tariffs on imports of foreign goods into the United States. This action follows the President’s recent announcement on March 26, 2025, of a 25% tariff on...more
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
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 up to and including the U.S....more
On April 2, 2025, President Trump issued an Executive Order (“EO”) imposing a 10% universal tariff on imports from all countries (with certain exceptions) pursuant to the International Emergency Economic Powers Act of 1977...more
The “Liberation Day” tariffs are here. In his Executive Order dated April 2, 2025, President Trump cited “underlying conditions, including a lack of reciprocity in our bilateral trade relationships, disparate tariff rates and...more
On February 1, 2025, using authority under the International Emergency Economic Powers Act (IEEPA) and other legal provisions, President Donald Trump signed three executive orders (EOs) imposing new tariffs on all goods from...more