Tit For Tat US China Trade War
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
PilieroMazza recently published a client alert regarding executive orders imposing additional tariffs on goods from Canada, Mexico, and China. Since then, the Trump administration has imposed a series of worldwide and...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’s hot and cold attitude towards tariffs continues to cause confusion and an inability to plan ahead. On April 2, President Trump imposed so-called reciprocal tariffs, which included a baseline tariff on all...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 2, 2025, the U.S. government implemented new measures affecting trade with China via Executive Order, including a reciprocal tariff regime and elimination of the de minimis exemption for Chinese-origin goods. These...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
On April 2, 2025, President Donald Trump signed an Executive Order designed to address the threat posed to the United States by trade deficits....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 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
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, President Trump declared “Liberation Day” and unveiled a series of sweeping tariff measures aimed at addressing trade imbalances and foreign trade practices while boosting domestic manufacturing. Marking the...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
Canada announces a 25% retaliatory tariff. On April 2, 2025, the White House announced a baseline 10% tariff on imports, set to take effect on April 5. Individualized reciprocal tariffs announced on specific countries...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
xAfter weeks of mixed signals from the Trump administration regarding tariffs, President Trump has imposed new tariffs on automobiles and reciprocal tariffs on nearly all imported goods. While the new announcements provide...more