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Mayer Brown

The White House Announces Sweeping “Reciprocal Tariffs”

Mayer Brown on

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

Troutman Pepper Locke

Unpacking the New Reciprocal Tariffs Reshaping US Trade Policies

Troutman Pepper Locke on

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

Troutman Pepper Locke

Exclusions From the Tariffs on Canadian and Mexican Goods Under HTS Chapters 98 and ‎‎99‎

Troutman Pepper Locke on

As outlined in our recent publication, the United States imposed a 25% additional tariff on all imports from Canada and Mexico starting March 4, with a 10% tariff specifically on Canadian energy products and potash (the...more

Troutman Pepper Locke

New U.S. Tariffs on Mexico, Canada and China Take Effect – Retaliatory Measures Escalate Trade Tensions

Troutman Pepper Locke on

Last week consisted of many developments surrounding President Trump's tariff policy. On March 4, his sweeping new tariffs took effect, significantly altering the trade landscape for businesses engaged in international...more

Quarles & Brady LLP

New Tariffs Mean New Targets of the False Claims Act

Quarles & Brady LLP on

The value of goods imported to the United States in Fiscal Year 2024 was $893.15 billion, and as a result, U.S. Customs and Border Protection (“CBP”) collected $24.37 billion in duties, taxes and fees for those imports. Given...more

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