On August 13, 2025, the Department of Commerce (Commerce) initiated an investigation under Section 232 of the Trade Expansion Act of 1962, as amended, to determine the effects on the national security of imports of wind turbines and their parts and components. Interested parties may submit written comments, data, analyses, or other information to the
Details Emerge on the U.S.-EU Trade Deal Announced in July
On August 21, 2025, the White House published a joint statement from the United States and the European Union (“EU”) announcing “key details” of a Framework on an Agreement on Reciprocal, Fair, and Balanced Trade (“Framework Agreement”). Though presented as a new accord, the Framework Agreement elaborates on a trade deal first announced in late July
BIS Adds 407 Derivative Products Now Subject to the Section 232 Tariff on Steel and Aluminum
On August 15, 2025, the Department of Commerce’s Bureau of Industry and Security (BIS) published a Federal Register notice adding 407 codes from the Harmonized Tariff Schedule of the United States (HTSUS) to the list of steel and aluminum derivative products. As a result, these products will now be subject to the Section 232 tariff
President Trump Further Delays Implementation of Increased Reciprocal Tariff Rates for China
On August 11, 2025, President Donald Trump issued an Executive Order announcing that he was suspending for another 90 days any increase on the reciprocal tariff rate currently in place for China. According to the Executive Order, negotiations continue with China “to address the lack of trade reciprocity in our economic relationship and our resulting
Treasury Releases Annual CFIUS Report
On August 7, 2025, the Treasury Department, as the lead agency of the Committee on Foreign Investment in the United States (CFIUS), released a public version of its 2024 Annual Report to Congress regarding foreign direct investment in the United States. The report highlights key indicators of the CFIUS process and provides statistics on transactions that
President Trump Announces Additional Tariffs on India for Russian Federation Oil Purchases
On August 6, 2025, President Donald Trump issued an Executive Order (EO) stating that it “is necessary and appropriate to impose an additional ad valorem duty on imports of articles of India, which is directly or indirectly importing Russian Federation oil.” As a result, beginning on August 27, 2025, an additional tariff of 25% will
President Trump Announces Higher Reciprocal Tariffs for Canada and Extends Mexico’s Current Tariff Rate for 90 Days During Ongoing Negotiations
On July 31, 2025, President Donald Trump issued an Executive Order amending the tariff rate on imports from Canada and announced that Mexico’s current tariff rate will remain unchanged for an additional 90 days to allow for continued negotiations.
Canada Tariffs – Pursuant to a July 31, 2025 Executive Order, President Trump has modified
President Trump Announces Implementation of Reciprocal Tariffs under the IEEPA
On July 31, 2025, President Donald Trump issued an Executive Order announcing that he was modifying and implementing the reciprocal tariff first announced on April 2, 2025, to rectify trade practices that his administration has determined contribute to “large and persistent annual United States goods trade deficits.” Effective August 7, 2025, reciprocal tariffs ranging from
Invoking IEEPA, President Trump Imposes an Additional 40% Tariff on Brazil
Following a threat posted on his social media site Truth Social in early July, President Donald Trump issued an Executive Order (“EO”) on July 30, 2025, imposing an additional 40% tariff on U.S. imports from Brazil, effective August 6, 2025. With the 10% baseline reciprocal tariff established by President Trump’s April 2, 2025 EO, tariffs
President Suspends Duty-Free De Minimis Imports for All Countries and Imposes New Tariffs on Low-Value Shipments
On July 30, 2025, President Donald J. Trump signed an Executive Order suspending duty-free de minimis treatment for low-value shipments. The President determined that suspending the duty-free status is necessary to address threats such as the flow of illicit drugs and large trade deficits and to ensure that tariffs are effective. The suspension applies to