Trade and Manufacturing Monitor
Trump Issues Reciprocal Tariff Letters to 8 Additional Trade Partners
An UPDATE to yesterday's blog post : On Wednesday, July 9,President Trump issued letters to eight additional trade partners notifyingthem of their country-specific reciprocal tariff rates that will go into effecton…
President Trump Announces New Country-Specific Reciprocal Tariffs
On Monday, President Trump announced new country-specific reciprocal tariff rates for a number of trading partners in a series of letters posted to Truth Social. President Trump also signed an executive order that…
White House Terminates Most Syria Sanctions
On June 30, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) implemented the President’s Executive Order “Providing for the Revocation of Syria Sanctions,” (Syria EO) which removes U.S.…
Supreme Court Denies Request to Fast-Track Reciprocal Tariffs Case
On Friday June 20, the U.S. Supreme Court denied a motion in an IEEPA / reciprocal tariff litigation case that sought to bypass the DC Circuit Court of Appeals and have the Supreme Court hear the case early. So, for…
President Trump Hikes Section 232 Steel and Aluminum Tariffs to 50 Percent
Late this afternoon, President Trump signed a proclamation increasing the Section 232 tariff rate on steel and aluminum articles and their respective derivative products from 25% to 50%. The text of today’s…