Tariffs

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In the last week, President Trump has threatened “secondary” tariffs in three distinct scenarios. While this is the first time that the Administration has used the term “secondary” tariffs, the terminology is likely intended to mirror that used in the sanctions context and, as with “secondary” sanctions, appears designed to be another mechanism by which…

On March 6, 2025, following discussions with the heads of major U.S. automakers, the White House announced a one-month suspension of the IEEPA tariffs on Mexico and Canada for certain USMCA-originating automotive sector products. The White House subsequently expanded that temporary suspension to all products from Canada and Mexico that satisfy USMCA’s “origination” requirements. Products…

On February 10, 2025, President Trump signed a new Proclamation abolishing as of March 12, 2025 the quota system for the EU and imposing 25% tariffs on all steel products imported into the U.S.. This effectively puts the end to current agreement between the U.S. and the EU which kept the tariffs on steel and…

On February 10, 2025, the White House released an executive order (“EO” or “Order”) titled “Adjusting Imports of Steel into the United States”  that reinstates a 25% tariff on imports of steel and steel derivative products into the United States.  The administration has also previewed a parallel executive order on aluminum and aluminum derivative product…

It was announced late on Monday that new U.S. tariffs on Canada will, like Mexico, be paused for 30 days to allow the U.S. and Canada time to negotiate.

Prime Minister Justin Trudeau said Canada is implementing a $1.3 billion plan to reinforce the U.S.-Canadian border and appointing a Fentanyl Czar, among other things.

At…

On February 3, President Trump confirmed reports of a one-month pause for the implementation of 25% tariffs on imported products of Mexico, following a conversation with President Claudia Sheinbaum of Mexico during which Sheinbaum agreed to immediately supply 10,000 Mexican National Guardsmen to the U.S.-Mexico border to assist with fentanyl interdiction and illegal migration.

This…

On Saturday, February 1, 2025, President Trump signed three Executive Orders (“EOs”) following through with the promised tariffs targeting products of Canada, Mexico and China (the “February 1 EOs”), and the White House issued a supporting informational fact sheet.

The United States will impose 25% tariffs on all products of Mexico and Canada…