News & Analysis as of

Tariffs Retaliatory Tariffs

Foley Hoag LLP

EU Commission Announces Consultation on Possible “Rebalancing” of €100 Billion of US Trade

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In the face of US tariffs on steel, aluminium, autos and autoparts, the threat of resumption of so-called “reciprocal” tariffs and investigations concerning tariffs on products ranging from pharmaceuticals to wood, the EU...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

Troutman Pepper Locke

Temporary Reduction of Reciprocal Tariffs on Chinese Goods Following US-China Trade Truce

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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

Alston & Bird

President Trump Slashes China Tariffs by 115%

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In a Joint Statement released early Monday following weekend negotiations in Geneva, the United States and China announced mutual commitments to pause the tariffs applicable to each other’s goods.  The parties committed to...more

Benesch

Trade Deal Q&A - China and UK Developments and Impacts

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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

Amundsen Davis LLC

U.S. and China Agree to Reduce Reciprocal Tariffs for 90 Days

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We previously reported on the reciprocal tariffs on ALL countries issued by President Trump in early April. Over the weekend, the U.S. and China agreed to temporarily reduce tariffs amid a looming recession triggered by an...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

Faegre Drinker Biddle & Reath LLP

China’s Retaliatory Actions to Trump 2.0 Tariffs

In response to the Trump administration’s announcement of a fentanyl-related tariff on products from China at 10%, China took the following actions on February 4, 2025: New Tariff: PRC State Council Tariff Commission...more

Adams & Reese

Want to Mitigate Tariff Impacts? Start by Looking at Incoterms

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As companies directly or indirectly involved in international trade and cross-border supply chains navigate the complexities of tariffs and their expected retaliatory impacts, one effective strategy to mitigate their impact...more

PilieroMazza PLLC

Managing the Financial Impact of Tariffs on Your Government Contract

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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

The Volkov Law Group

Keeping Track of the Trump Administration Tariffs

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To keep track of the Trump Administration tariff plans and actions requires vigilance. The difficulty in monitoring daily tariff actions and the impact is a challenge to all trade compliance officers. Here is the best list...more

A&O Shearman

A new era of global trade tensions

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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

Hogan Lovells

U.S. Tariffs on the UK and EU: Europe strikes back?

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The UK and the EU have begun formulating their responses to the tariffs imposed by the U.S. While the UK is still assessing its options and consulting with British businesses, the EU has already moved forward with plans to...more

Blake, Cassels & Graydon LLP

Tarifs douaniers entre le Canada et les États-Unis : survol du contexte commercial incertain

Le 2 avril 2025, le président Trump a signé un décret imposant des tarifs douaniers « réciproques » sur les importations aux États-Unis (disponible en anglais seulement); ce décret établit des tarifs douaniers de base de 10 %...more

Adams & Reese

Tariff Rundown: What’s Paused, What’s in Effect, and What’s Coming

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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

Braumiller Law Group, PLLC

Tit For Tat US China Trade War

In the tit for tat trade war with China, let's recall the Hollywood movie that made the line famous....more

Troutman Pepper Locke

Tariff Reform Legislation and Congressional Trade Activity – Week of April 7, 2025

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On April 9 at 12:01am, reciprocal tariffs on more than 60 countries ranging from 17-50% were scheduled to go into effect, only to be pulled back on April 9 as President Trump announced a 90-day pause — possibly to July 8. The...more

Troutman Pepper Locke

US Modifies Reciprocal Tariff Rates

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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

Blank Rome LLP

The BR International Trade Report: April 2025

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Welcome to this month’s issue of The BR International Trade Report, Blank Rome’s monthly digital newsletter highlighting international trade, sanctions, cross-border investment, geopolitical risk issues, trends, and laws...more

Blake, Cassels & Graydon LLP

Canada–U.S. Tariffs: Where Do We Stand in a Shifting Trade Environment?

On April 2, 2025, President Trump signed executive order Regulating Imports with a Reciprocal Tariff, establishing a 10% baseline tariff on most worldwide imports to the United States and higher tariffs on approximately 60...more

WilmerHale

President Trump Suspends Most Reciprocal Tariffs for 90 Days, While Significantly Increasing Tariffs on China

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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

Goodwin

The Trump Tariffs Update

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In fewer than three months, the Trump administration has upended decades of US trade policy and practice in the wake of the administration’s America First Trade Policy articulated in the January 20, 2025, Presidential...more

Wiley Rein LLP

Trump Reduces Global Reciprocal Tariffs but Increases Them for China

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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

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