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President Trump Issues New “Reciprocal” Tariff Rates Effective August 7th and Issues A Separate Executive Order Increasing Tariffs on Canada
The US and EU Reach A Trade Deal—EU Goods Subject to 15% Tariff
On July 27, 2025, President Trump announced that the U.S. and European Union (“EU”) have reached a trade deal. Pursuant to the Fact Sheet released by the White House on July 28th, the U.S. will impose a 15% tariff on all EU goods, including auto parts, pharmaceuticals, and semiconductors. The Fact Sheet further stated that
Week Twenty-Six in Trade
EU Prepares Retaliation List If Trade Deal is Not Reached
On July 24, 2025 the European Commission voted to impose retaliatory tariffs of €93 billion on U.S. goods if a trade deal is not reached between the United States and European Union. The tariffs will be effective August 7, 2025. The tariffs include €21billion on
Week Twenty-Five in Trade
Commerce Initiates Section 232 Investigation On Drones and Polysilicon from China
On July 16, 2026, the U.S. Department of Commerce launched new Section 232 investigations on imports of Chinese drones and polysilicon. Drones and polysilicon are both currently subject to additional tariffs of 55% and 80%, respectively. The new investigations aim to assess whether
Europe Threatens Additional Retaliatory Tariffs Against the United States
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 devices, chemicals, plastics, and many other products. The list also includes bourbon and spirits, which were not included in the EU’s initial retaliation. The EU
Week Twelve in Trade – First 100 Days of the New Administration
U.S.-China Trade War Intensifies
On April 8, 2025, President Trump issued an Executive Order raising the reciprocal tariff rate on Chinese imports from 34% to 84%. This move followed his earlier warning that the U.S. would impose a 50% increase unless China withdrew its 34% retaliatory tariffs on American goods.
China swiftly responded by matching
Customs Issues Guidance on Reporting Requirements for Reciprocal Tariffs and New Section 232 FAQs
On April 8, 2025 U.S. Customs and Border Protection (“CBP”) issued a Cargo Systems Messaging Service (“CSMS”) Message # 64680374which sets forthadditional guidance on the reporting of reciprocal tariffs set to take effect on April 9, 2025. This guidance is an update to CSMS # 64649265 previously issued on April 4, 2025.
The President
Week Eight in Trade – First 100 Days of the New Administration
This blog post covers trade developments occurring during the eighth week of the new Trump Administration. It covers events occurring through 12:00 pm Eastern time on Friday, March 14.
Ongoing Tariff Developments
On March 4, 2025 and March 7, 2025, U.S. Customs and Border Protection (CBP) implemented five Presidential Executive Orders governing imports from China
EU Announces Countermeasures in Response to US Tariffs on Steel and Aluminum
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 to 25%, while extending these tariffs to additional steel and aluminum products on March 12, 2025. These countermeasures will be
President Trump Threatens New Tariffs on European Alcohol Imports
Today, March 13, President Donald Trump announced a potential 200% tariff on wine, cognac, and other alcohol imports from Europe. This statement was made in response to the European Union’s plan to impose tariffs on American whiskey and other products starting in April, which is a countermeasure to Trump’s 25% tariffs on steel and aluminum