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…
Biden Administration Seeks Input on Negotiating Objectives for Indo-Pacific Economic Framework
Last week, the U.S. Department of Commerce and Office of the U.S. Trade Representative (“USTR”) each requested comments on negotiating objectives for the Biden administration’s proposed Indo-Pacific Economic Framework…
United States Reaches Deal with Austria, France, Italy, Spain, and the United Kingdom to Avoid Section 301 Duties
Today, the Office of the U.S. Trade Representative (USTR) announced an agreement reached with five countries – Austria, France, Italy, Spain, and the United Kingdom – on digital services tax (DST) measures that had…
“Phase One” Agreement Between the United States and China Reached
On Friday, October 11, 2019, President Trump announced that a “phase one” agreement had been reached with China. Most notably, the U.S. agreed to suspend its plan to increase tariffs from 25% to 30% on $250 billion in…