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The Trump Administration is pursuing a new style of trade management based on use of tariffs to rectify trade deficits and to set new “reciprocal” tariff rates to level the playing field for all of its trading partners. ...more
In 2016, a fleet of fishing boats flying anti-European Union (EU) banners sailed up the River Thames. The Brexit campaign and its ‘take back control’ slogan both fed off and further fuelled the belief that the British fishing...more
Following a brief Thanksgiving holiday break, U.S. Congress faces just a handful of legislative days before year-end, and the next two weeks promise a crowded calendar as lawmakers race to meet major deadlines....more
On November 14, President Trump issued an executive order, “Modifying the Scope of the Reciprocal Tariff with Respect to Certain Agricultural Products,” (the Order), narrowing the scope of the “reciprocal tariffs” to exempt...more
Effective November 10, 2025, the U.S. Department of Commerce's Bureau of Industry and Security ("BIS") formally suspended enforcement of its newly announced Affiliates Rule for one year following a U.S.–China framework trade...more
On Nov. 13, 2025, the White House announced a series of new trade framework agreements with Argentina, Ecuador, Guatemala, and El Salvador, representing the Trump Administration’s most active trade engagement in the Western...more
Over the last week, the Trump Administration has continued to reduce the reciprocal tariffs on imports from countries that enter into trade agreements with the United States, promising a range of tariff and non-tariff relief...more
Capping off a highly eventful week in Asia at the end of October, President Donald J. Trump has further reshaped the landscape of U.S. trade with the Asia-Pacific region through a series of new agreements. This latest round...more
Key Takeaways - President Trump announces new trade deals and investment commitments during October 2025 Asia tour: Deals with Malaysia, Cambodia, Thailand, Vietnam, Japan and Korea expand market access and deepen...more
Key Points: •White House announces frameworks with Argentina, Guatemala, El Salvador and Ecuador to pursue reciprocal trade agreements that include worker rights requirements. •New frameworks mirror recent deals with...more
In Peer Ledger Inc. v. Royal Canadian Mint (Peer), the Canadian International Trade Tribunal concluded that a procurement was outside of its jurisdiction because the procurement fell within the “commercial sale or resale”...more
Capping off a highly eventful week in Asia, President Donald J. Trump has further reshaped the landscape of U.S. trade with the Asia-Pacific region through a series of new agreements. This latest round of negotiations...more
On Nov. 1, the White House announced that the United States has agreed to suspend for one year the implementation of a recent Department of Commerce Bureau of Industry and Security (BIS) rule extending export controls...more
In recent days, President Trump announced that he will trim import tariffs on Chinese-origin goods by 10%; that he intends to increase tariffs on Canadian-origin goods by 10%; and that he has reached a series of trade...more
This article is based on a podcast recorded August 22, 2025, featuring a conversation on the complex world of international trade with WBD (UK) Partner Peter Snaith, WBD (US) Partner Alan Enslen, and Barbourne Brook...more
The U.S. published a Joint Statement on a U.S.–Vietnam trade deal framework on October 26, 2025. According to the Joint Statement, the key terms of the agreement will include, among other things: • Vietnam providing...more
On October 26, 2025, the United States and China reportedly reached a framework of a potential deal. Although details of the deal are limited and not yet finalized, the terms are said to include a final agreement on TikTok’s...more
Two days ago, on Sunday, October 26, the White House announced that the United States has concluded trade agreements with Cambodia (Agreement Between the United States of America and the Kingdom of Cambodia on Reciprocal...more
On Sunday, the White House announced reciprocal trade agreements with Cambodia and Malaysia that include the most ambitious and enforceable workers’ rights provisions since the first Trump Administration negotiated the United...more
From shifting tariff policies to trade agreements, this article explores the forces shaping global trade. Whether you’re a seasoned economist, business leader, or simply curious about how trade impacts your daily life, this...more
Most Favored Nation (MFN) clauses are contractual provisions that were historically invoked between countries in treaties and trade agreements, promising, for example, that any lowering of tariffs on any trading partner would...more
Today, the Office of the U.S. Trade Representative (USTR) initiated an investigation under section 301 of the Trade Act of 1974 into China's implementation of commitments under the Phase One Agreement, which was negotiated...more
In a major decision issued July 4, 2025, the United States prevailed in the first successful labor litigation under any trade agreement. The United States proved that a call center in Mexico denied workers’ rights, according...more
On September 20, 2025, Global Affairs Canada launched public consultations on the Canada–United States–Mexico Agreement (CUSMA), and Canadians are now invited to share their views and submit comments until November 3, 2025....more
Welcome to the latest edition of our quarterly global supply chain horizons providing you with an update on the key developments from around the world....more