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By Stephen Callegari, Daniel Cowan and Alex Kaufman from International Trade Commission (ITC) law firm Mintz.
President Trump's return to the White House has been accompanied by an increasingly aggressive trade policy that seeks to restore global trading imbalances by imposing reciprocal tariffs on imported goods. While the administration's bold policy announcements have been a marked contrast when compared to its less confrontational predecessors, the administration's objective seems to be challenging economic (as well as non-tariff) barriers that reduce global market access for US manufacturers.
On April 2, 2025, the Trump administration issued an executive order that imposed a 10% ad valorem tax - a "reciprocal tariff" - on all imports (except for a 25% tariff on imported aluminum and steel), a move designed to address persistent trade deficits. The executive order further identified 57 countries that would soon become subject to additional tariffs above the 10% baseline, with tariffs on imports from some countries as high as 50%.
As of the writing of this article, the administration was abiding by a "90-day pause" announced on April 9, which was intended to limit the April 2 tariffs to the baseline 10% tax, with the exception of aluminum and steel imports, and a 145% tariff on all Chinese imports. Looking to Canada and Mexico, the United States is expected to continue to respect the existing US-Mexico-Canada free trade agreement (USMCA), altho...................... To view our full article Click here
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