News & Analysis as of

Tariffs Supply Chain Executive Orders

Troutman Pepper Locke

Pause on Higher Reciprocal Tariff Rates Extended to August 1

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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

Foley & Lardner LLP

Foley Automotive Update - July 2025

Foley & Lardner LLP on

Foley & Lardner will be among the speakers at the MEMA OE Digital Transformation in Mobility event beginning at 8:30 a.m. (ET) at the MEMA Conference Center in Southfield, Michigan on July 29, 2025...more

Kelley Drye & Warren LLP

President Trump Announces New Country-Specific Reciprocal Tariffs

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

Clark Hill PLC

President Trump announces sweeping new tariff rates on key trading partners

Clark Hill PLC on

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

Hogan Lovells

UK and U.S. economic prosperity deal takes effect – Key takeaways

Hogan Lovells on

The Economic Prosperity Deal agreed between the UK and the U.S. sets out high level trade commitments and areas for further negotiation between the two countries. A series of implementing measures are described in Executive...more

Benesch

Update: Reciprocal Tariff “Pause” Deadline Extension and New Duty Rates

Benesch on

The White House has extended the July 9, 2025, deadline for its “pause” on reciprocal tariffs. An Executive Order released on the evening of July 7 extends this deadline to August 1, 2025....more

Skadden, Arps, Slate, Meagher & Flom LLP

The UK-US ‘Economic Prosperity Deal’ and Its Impact

On May 8, 2025, the U.K. and U.S. announced a trade deal to reduce or remove tariffs on each other’s exports, including on cars, steel and aluminum, and released the general terms for a potential U.K.-U.S. trade agreement....more

Husch Blackwell LLP

Total Tariffs on In-Quota Imported U.K. Cars to be 10%

Husch Blackwell LLP on

On June 16, 2025, President Trump issued an Executive Order setting a 7.5% Section 232 tariff on U.K.-origin cars which are imported under the 100,000 quota, per the announced trade deal with the U.K. Combined with the...more

Benesch

Regulatory Policy Showdown - Domestic vs. International Differences for the Trump 47 Administration

Benesch on

The White House’s approach to regulatory policy emerged swiftly after Inauguration Day. In many parts of the industry the new Administration started with a “buzz” of excitement. ...more

Foley & Lardner LLP

Foley Automotive Update - June 2025

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Foley & Lardner provided an update on the current Trump tariff proposals, as well as the implications of recent court decisions striking down tariffs issued under the International Emergency Economic Powers Act (IEEPA). Visit...more

Vinson & Elkins LLP

Summer 2025 V&E Quarterly Governance and Sustainability Updates

Vinson & Elkins LLP on

We have seen, a mere few months into President Trump’s second term, a remarkably transformational set of priorities across the federal government, which have had dramatic impacts on the private sector generally and public...more

Clark Hill PLC

New presidential proclamation doubles tariffs on steel and aluminum imports

Clark Hill PLC on

On June 3, President Trump issued a proclamation doubling tariffs on imports of steel and aluminum articles and derivative steel and aluminum articles from 25% to 50%, effective at 12:01 a.m. EDT on June 4. This action, taken...more

Clark Hill PLC

CHPS Podcast Episode 4: Tariffs and Trade Impact

Clark Hill PLC on

In Episode 4 of CHPS of Insight, host Chris White and Kelsey Christensen explore the ongoing complexities of tariffs and trade policies that continue to shape global commerce and economic policy. Chris and Kelsey provide a...more

Ice Miller

Court of International Trade Issues Surprise Ruling on Trump Tariffs: What You Need to Know

Ice Miller on

On Wednesday, May 28, 2025, and Thursday, May 29, 2025, three significant court actions impacted the tariff and trade landscape....more

Wilson Sonsini Goodrich & Rosati

Do April Tariff Showers Bring May Trade Deal Flowers?

Following the introduction and partial rescission of the “Liberation Day” tariffs last month, the latest U.S. government actions have largely—though not universally—continued down the path of an easing tariff burden. Of...more

Polsinelli

Trump Administration Announces New Executive Order to Promote Domestic Production of Biopharmaceuticals

Polsinelli on

Key Takeaways - Regulatory Relief for U.S. Manufacturing: The EO streamlines FDA and EPA processes to encourage domestic pharmaceutical production....more

McGuireWoods LLP

U.S. and China Move to Lower Tariffs, Relieve Supply Chain Pressures, Costs for Businesses

McGuireWoods LLP on

The United States and the Republic of China announced a significant step toward easing longstanding trade tensions, with both nations agreeing to lower a series of tariffs imposed during the ongoing trade dispute. The...more

Foley & Lardner LLP

Foley Automotive Update - May 2025

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Foley & Lardner provided an overview for multinational companies regarding the potential antitrust scrutiny over tariff-related pricing changes. Visit Foley & Lardner’s Trump Administration Resource Hub: Legal and Business...more

Lathrop GPM

U.S.-China Trade Update: Trade Deal Brings Tariff and Policy Changes

Lathrop GPM on

This information was current as of 8:00 a.m. CT, May 15, 2025. We will update as changes occur. On May 12, 2025, the United States and China jointly announced a temporary trade agreement aimed at de-escalating ongoing...more

ArentFox Schiff

US-China Tariff Truce? 90-Day Pause Begins May 14

ArentFox Schiff on

On May 12, the United States and the People’s Republic of China announced a temporary 90-day agreement to roll back some of the reciprocal tariffs increases imposed in April. The agreement decreases the China reciprocal...more

Kennedys

US Tariffs: the regulatory landscape, impact on trade and strategic guidance for clients in the commercial, maritime and insurance...

Kennedys on

Presidential authority & legal foundations for US tariff policies The legal framework governing tariffs in the US is rooted in the US Constitution, which grants Congress the power to levy tariffs. However, this authority has...more

Sheppard Mullin Richter & Hampton LLP

Onshoring Pharma Ops: Reading Recent EO and Policy Tea Leaves

Recently, underscoring a commitment to national security, the White House and the Food and Drug Administration (FDA) issued separate communications that aim to bolster domestic drug manufacturing while tightening oversight of...more

King & Spalding

New Executive Order Promotes Domestic Production of Critical Medicines

King & Spalding on

On May 5, 2025, President Donald J. Trump issued Executive Order (“EO”) 14293 entitled Regulatory Relief to Promote Domestic Production of Critical Medicines. The EO directs the U.S. Food and Drug Administration (“FDA”), U.S....more

Morgan Lewis

From Offshore to Onshore: Considerations for Pharmaceutical Industry Stakeholders Amid New Domestic Drug Manufacturing EO

Morgan Lewis on

The White House on May 5, 2025 issued an executive order requiring the US Food and Drug Administration to find ways to facilitate the opening of new drug manufacturing sites in the United States while also increasing the...more

Stikeman Elliott LLP

Back-and-Forth Levies in the North American Trade War: U.S. Tariffs and the Canadian Response (Update)

Stikeman Elliott LLP on

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 Government...more

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