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On February 13, 2025, President Trump announced his plan, referred to as the “Fair and Reciprocal Plan,” to enact reciprocal tariffs on every country that charges duties on U.S. imports. The official memorandum did not name...more
President Trump plans to announce reciprocal tariffs on many countries. So, what is a reciprocal tariff? First, let’s examine tariffs in general. A tariff is a tax imposed by one country on imports of goods or merchandise...more
On March 31, 2023, the Office of the U.S. Trade Representative (USTR) released the 2023 National Trade Estimate Report on Foreign Trade Barriers (NTE Report). USTR highlights an array of trade barriers in more than 64...more
Last week, the United States continued to impose sweeping restrictive measures in response to the conflict in Ukraine, including measures targeting imports of certain Russian energy and “signature” products into the United...more
In Husch Blackwell’s October 2021 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law: •The U.S. and EU struck a deal on steel and aluminum tariffs •The U.S....more
In Husch Blackwell’s March 2021 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law: •USTR announced the continuation of certain Section 301 digital services taxes...more
USTR is soliciting comments and has scheduled hearings regarding the potential imposition of Section 301 tariffs of up to 25% in response to the Digital Services Tax adopted by Austria, India, Italy, Spain, Turkey, and 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
Updates from March 11 to March 25, 2020 - Key Takeaways: Supply chain disruption has begun on some fronts that are not directly related to the healthcare and medical fields, and is anticipated to continue as the effects...more
As 2020 begins, U.S. tariff policy toward China and the European Union (EU) is moving in different directions, with significant implications for U.S. companies. Beginning with China, the U.S. has gradually implemented tariffs...more
In 2018, the United States was the UK’s largest single trading partner, with exports and imports worth £190.5 billion (roughly $247 billion) – a figure equal to 14.7 percent of the UK’s total trade. Thus, businesses active in...more
On March 29, 2019, the Office of the United States Trade Representative (USTR) published its annual National Trade Estimate (NTE) Report on Foreign Trade Barriers, which "highlights significant foreign barriers to U.S....more
Prospects for a trade agreement between the United States and the European Union improved when the European Parliament’s International Trade Committee passed a resolution calling for the initiation of formal trade discussions...more
The year 2018 may be remembered as a turning point for US trade policy and the international trading system. The Trump administration took several unilateral trade actions, including the imposition of global "national...more