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In the last week, the winds of change have calmed a bit on what has been a tumultuous sea of tariffs over the last four months. The Trump Administration has announced no new tariff measures, and no new investigations of...more
So, here we are post Liberation Day and investors have been liberated from over $6 trillion dollars U.S. just in the last week. These “reciprocal” tariffs were supposedly aimed at balancing trade with other countries, some of...more
This article was originally published shortly after the election on November 26, 2024. It has been updated to reflect updates from U.S. Presidential Actions and foreign trade partner countermeasures taken after President...more
Between March 4, 2025, and March 6, 2025, U.S. trade policy in North America changed course multiple times as the Trump administration initially implemented previously paused tariffs on imports from Canada and Mexico, and two...more
This article is an update to the March 2025 article “U.S. Imposes 25% Duty on Imports from Mexico and Canada Effective March 4, 2025.” Within 48 hours of announcing 25% tariffs on imports of Mexico and most imports of Canada...more
On March 4, 2025, the Trump Administration imposed 25% import tariffs on nearly all Canadian and Mexican origin goods under the International Emergency Economic Powers Act (“IEEPA”)....more
President Trump has made good on a number of campaign commitments since being sworn in on January 20. Perhaps the one issue that has created the most uncertainty is how the Trump administration will use tariffs as a lever for...more
An update to our previous alert on new tariffs on Mexican and Canadian imports. Yesterday, as announced in several early February Executive Orders, the U.S. government imposed new duties on most imports from Canada and...more
Update: On March 4, 2025, the Trump administration’s 25% tariffs on goods from Canada and Mexico, and additional 10% tariffs on goods imported from China, went into effect. China and Canada announced specific retaliatory...more
U.S. President Donald Trump announced on March 3, 2025, that the tariffs he threatened under the International Emergency Economic Powers Act (IEEPA), which were delayed from an earlier Feb. 4 effective date, would enter into...more
Mexico & Canada: Yesterday, the President imposed a new set of tariffs under the International Emergency Economic Powers Act (IEEPA) on Canadian and Mexican goods. The duties, which went into effect at midnight, are levied at...more
Below is an overview of recent tariff and trade-related actions in Washington, DC. We sought to highlight key legislative and administrative developments, industry reactions, and potential impacts, in addition to some...more
This article was originally published shortly after the election on November 26, 2024. It has been updated to reflect updates from Presidential Actions taken after President Trump took office. ...more
On February 13, 2025, President Trump announced the “Fair and Reciprocal Plan” (“Plan”), a major shift in U.S. trade policy designed “to counter non-reciprocal trading arrangements with trading partners by determining [and...more
As one of his first official acts as President, Trump released his memorandum on America First Trade Policy. The policy offers insight into the new administration’s trade priorities and calls for a review of current...more
On February 1, 2025, President Trump signed new executive orders targeting Canada, Mexico, and China, implementing the first set of tariffs under his new administration. Citing concerns over human trafficking, illicit drug...more
As of this writing on February 3, the president’s long awaited new tariffs have been officially announced via Executive Orders (EOs) from the White House for Canada, Mexico, and China. They confirm media reports of new 25%...more
UPDATE (as of Feb. 3, 2025, at 5:00 PM ET): President Trump announced on TruthSocial an agreement with Prime Minister Justin Trudeau of Canada to “pause[] for a 30 day period” the announced tariffs while the U.S. government...more
President Donald Trump issued a presidential memorandum titled "America First Trade Policy" on Jan. 20, 2025, outlining the immediate trade priorities for his administration. The memorandum directs various federal agencies...more
On February 1, 2025, President Trump issued three executive orders directing the United States to impose new tariffs on imports from Canada, Mexico, and China, to take effect on February 4, 2025. The tariffs are an...more
On February 1, 2025, President Trump imposed “a 25% additional tariff on imports from Canada and Mexico and a 10% additional tariff on imports from China. Energy resources from Canada will have a lower 10% tariff.” This...more
As he enters his second week in office, President Donald Trump is forecasting a desire to implement a muscular trade policy leaning heavily on the imposition of tariffs—potentially on a global basis—as a means of extracting...more
President Donald Trump began an overhaul of U.S. Trade Policy just after being sworn into office on January 20, 2025. The administration issued a memorandum outlining the President’s “America First” trade policies....more
On January 20, 2025, Donald J. Trump was inaugurated as the 47th President of the United States. Within hours of taking office, President Trump issued dozens of executive orders and an “America First Trade Policy” memorandum...more
This alert was originally published on January 21, 2025, and updated on January 22, 2025, to reflect President Trump’s comments that additional 10% tariffs may be imposed on China on February 1. On January 20, 2025,...more