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Compliance Tip of the Day: The Role of Supply Chain and Compliance in Tariffs
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Tariffs and Trade Series: Effects on Agriculture Operations and Markets
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On May 8, the White House announced President Trump's first trade deal under his America First Policy. The deal struck between the United States and the United Kingdom will revise some of the tariffs imposed on the UK so far...more
On 8 May 2025, US President Donald Trump and UK Prime Minister Kier Starmer announced an agreement on General Terms of the Economic Prosperity Deal (EPD) between the United States and the United Kingdom. Although not a...more
After announcing and then pausing the implementation of wide-ranging reciprocal tariffs last month, the Trump Administration has recently taken notable steps aimed at recalibrating and improving U.S. trading relationships....more
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
Bilateral negotiations around the Trump Administration’s tariffs have begun to bear fruit as we see tariff relief for China and the U.K. The U.S. and China have agreed to roll back most of the tariffs that each country has...more
On May 12, 2025, President Trump issued an executive order temporarily reducing the “reciprocal” tariffs on China, Hong Kong, and Macau origin goods from 125% to 10%, and lowering tariffs imposed on international mail parcels...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
President Trump and UK Prime Minster Keir Starmer announced on Thursday morning that the two countries have agreed on a trade deal, although many of the details are yet to be finalized. The agreement, which focuses on tariff...more
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
On Wednesday 2 April 2025, US President Donald Trump signed an Executive Order declaring a national emergency “arising from conditions reflected in large and persistent annual US goods trade deficits.” In response, the...more
On 2 April 2025, President Trump announced new tariffs on all imports into the United States. In this briefing, we summarise the key measures and the expected impact on global trade. The new “reciprocal” tariffs - The...more
We have reported extensively on President Trump's "America First Trade Policy", the new tariffs imposed on Canada, Mexico and China, and provided commentary on how President Trump's return to office might affect the UK and...more
This is the final in our 2025 Year in Preview series examining important trends in white collar law and investigations in the coming year. Throughout 2024, enforcement of international trade laws continued to gather pace...more
In today’s global marketplace, companies are increasingly more vulnerable to the unpredictable impacts of tariffs and supply chain disruptions. As these external pressures threaten their financial stability, businesses must...more
On 16 February 2025 the UK Department for Business and Trade published a consultation paper to inform their development of a new steel strategy. The "Plan for Steel" consultation – open until 31 March 2025 – provides an...more
Multinational manufacturers are encouraged to consider how to adapt their supply chains to a complex landscape. While US tariffs on Canada and Mexico were postponed by a month, a ten-percent universal tariff on all Chinese...more
President Trump issued a Proclamation that expands the 25% tariffs on steel and steel derivatives, first imposed in 2018 under Section 232 of the Trade Expansion Act of 1962. Aluminum and aluminum derivatives will also now...more
Recent statements by President Trump suggest that next week could bring multiple and significant tariff announcements. Today, in a meeting with visiting Japanese Prime Minister Shigeru Ishiba, the President promised to...more
Welcome to the latest edition of M&A Insights, where we bring together partners from across the A&O Shearman network to explore the themes shaping global dealmaking. The election of Donald Trump as President is expected to...more
In our biannual M&A trends report we explore the possible impact of the new U.S. administration on dealmaking, the dynamics of transatlantic M&A, private equity exits, and Mario Draghi’s proposals to reshape the European...more
The past weeks and months have brought about tremendous political change in the West, as we move toward a new U.S. administration, a new College of Commissioners in Brussels and a new Polish presidency of the Council of the...more
Key Takeaways: • Threatened 25% tariffs on French luxury goods are suspended. • USTR is still looking at tariffs in retaliation for taxes on U.S. global tech companies. • Biden’s new USTR will face immense pressure to...more
A mounting death toll (over 106 and counting) and fears of a coronavirus pandemic sent markets tumbling early on Monday and kicked off a selloff that continued all day....more
Oil jumped for a second straight day, with futures near $70/barrel as fallout from the U.S.’s drone-strike assassination of Iran’s Qassem Soleimani continues to raise “the prospect of disruptions in the world’s most important...more
The US and China have reportedly reached an initial agreement on the “final terms of a phase one trade deal, moving both countries closer to signing a pact that” the White House originally announced in October and averting...more