Trade and Manufacturing Monitor
Trump Announces Sweeping Reciprocal Tariffs
On April 2, 2025, President Trump signed an Executive Order (EO) imposing reciprocal tariffs on most nations. The new tariffs, which include a baseline rate of 10 percent as well as higher rates for dozens of trading…
Oil and Autos: Another Round of Tariff Activity
President Trump issued two major tariff-related executive orders in the past 48 hours. The first, pursuant to the International Emergency Economic Powers Act (IEEPA), authorizes the Secretary of State to impose…
Tariffs on Steel and Aluminum Products, Including Derivative Products, Come into Effect
Tariffs of 25% on steel and aluminum mill products from all sources, imposed under Section 232 of the Trade Expansion Act of 1962, went in effect at 12:01 this morning, March 12, in accordance President Trump’s…
USITC Releases First Biennial Report on Economic Impact and Operation of USMCA Automotive Rules of Origin
On June 30, 2023, the U.S. International Trade Commission (ITC) released its first report on the economic impact of the United States-Mexico-Canada (USMCA) automotive rules of origin. Rules of origin (ROOs) are used to…
Regulatory Issues When Acquiring U.S. Pump Companies
Partner Eric McClafferty and trade analyst, Wyatt Mince, co-authored the World Pumps Magazine article “ Regulatory Issues When Acquiring U.S. Pump Companies .” When a non-U.S. pump company is buying a U.S. pump…