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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
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
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
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
Pound (GBP) firms on positive retail data - Trade in the pound (GBP) was broadly positive at the end of last week, with Sterling sentiment being buoyed by positive domestic data. UK retail sales were shown to have...more
The global trade landscape is shifting, with tariffs largely being used as strategic instruments in economic and geopolitical competition. In early April 2025, the United States introduced a sweeping new tariff regime,...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
The increased, country-specific tariffs imposed under President Trump's Reciprocal Tariff Executive Order (EO) went into effect on April 9, 2025, but were paused for 90 days shortly thereafter. A ten percent tariff now...more
UPDATE: On April 9, just hours after higher country-specific reciprocal tariffs took effect on imports from a wide-range of countries, President Trump announced a 90-day pause for countries that have not retaliated against...more
COMPETITION - Commission approves Safran's acquisition of part of Collins Aerospace's actuation business, subject to conditions (M.11253)... Commission clears acquisition of Bridewell by Oakley Capital and Eurazeo...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
Foley & Lardner partner Vanessa Miller commented on the Trump administration’s imposition of automotive tariffs in the Associated Press article, “Trump’s latest auto tariffs explained: What car buyers should know this year.”...more
COMPETITION - Prior notification of a concentration (Case M.11929 - MET / Mega)... Prior notification of a concentration (Case M.11828 - BNPP / Axa IM)...more
While the recent imposition of US tariffs on aluminium and steel imports and the EU’s subsequent response may evoke a sense of déjà vu from the first Trump administration, the European Union (EU) has more arrows in its quiver...more
COMPETITION - Prior notification of a concentration (Case M.11899 - SRI/Dunlop Tires Business) - Prior notification of a concentration (Case M.11912 - M&G FA / P Capital Partners)...more
Shortly after taking office, President Trump announced sweeping tariffs on several trading partners, including Canada, Mexico, and China, with plans to also impose tariffs on the European Union. This client alert unpacks...more
On 12 March 2025, the EU announced that it will impose countermeasures in response to new tariffs imposed by the US on steel and aluminium imports. The EU countermeasures are twofold: First, the European Commission will...more
COMPETITION - Action brought on 28 January 2025 - Meta Platforms and Meta Platforms Ireland Vs. Commission (Case T-66/25) Re: annulment of the European Commission decision C(2024) 8053 final pursuant to Article 102 of the...more
Foley & Lardner provided key takeaways from its recent Brainwaves event hosted in Detroit with the Society of Automotive Analysts, 100 Days and Beyond: Presidential Policy Shifts Impacting Automotive. Visit Foley & Lardner’s...more
COMPETITION - Non-opposition to a notified concentration (Case M.11833 - ABB / WM / JV) - Non-opposition to a notified concentration (Case M.11837 - KPS / Ineos Composites)...more
Since we last wrote The Kaleidoscope of International Trade: Trump’s Tariffs and What the Mean for You, the Trump administration has caused more uncertainty regarding its tariff policies and stirred more retaliation from...more
On 12 March 2025, the United States (US) imposed tariffs of up to 25% on imports of steel, aluminium, and certain products containing steel and aluminium from the European Union (EU) and other trading partners....more
COMPETITION - Prior notification of a concentration (Case M.11746 - DSV / Schenker) - Prior notification of a concentration (Case M.11911 - ETA / SPL / SP Mobility)...more
The European Commission announced countermeasures to address the impact on EU businesses and consumers in response to the US reinstating 25% tariffs on steel imports and increase of the existing 10% tariff on aluminum imports...more