Yesterday, the Supreme Court of the United States heard oral argument in the consolidated case challenging the use of the International Emergency Economic Powers Act (“IEEPA”) to justify sweeping import tariffs. At issue is whether IEEPA authorizes the President, upon declaring a national emergency, to impose tariffs and, if so, whether that delegation is constitutionally
Reciprocal Tariffs
U.S. and China Announce Temporary Suspension of Certain Tariffs and Export Controls Following Trump–Xi Meeting in South Korea
By Jeffrey L. Snyder, Zhiwei Chen & Ivy Xun on
On October 30, 2025, President Trump and Chinese President Xi Jinping met in Busan, South Korea – this marks the first time the two leaders have engaged in face-to-face talks since 2019, during Trump’s first term.
According to a statement from China’s Ministry of Commerce (MOFCOM) issued during a press briefing following the meeting, the…
Modifications to Reciprocal Tariffs
By David Stepp, Sibilla Grenon & Emily Devereaux on
Modifications to Scope
On Friday, September 5th, 2025, President Trump announced via Executive Order a large number of modifications to the scope of the reciprocal tariffs, which were initially announced on April 2, 2025, under the International Emergency Economic Powers Act (IEEPA). The Executive Order released on September 5th modified the scope of the…