On May 12, 2025, the White House issued a wide-reaching Executive Order (“EO“) titled “Delivering Most Favored Nation Prescription Drug Pricing to American Patients” for the stated purpose of ensuring that American patients will have access to the most-favored-nation (“MFN“) price for prescription drugs and biologics.1 This EO came out about one month
Import and Trade Remedies Blog
Latest from Import and Trade Remedies Blog
EU: The CJEU clarifies the concept of repayment granted “in error”
On 30 April 2025, the European Court of Justice (“CJEU“) issued a judgment on the concept of repayment granted “in error” as laid down in Article 116(7) of the Union Customs Code (“UCC“). This article (116 (7) of the UCC) provides that if customs authorities have granted repayment or remission in error, the original customs…
India/ UK: India and UK Agree ‘Landmark’ Free Trade Agreement
On 6 May 2025, the United Kingdom (UK) and Indian Governments agreed a new ‘landmark’ free trade agreement (“FTA”) to increase long-term bilateral trade by £25.5 billion each year and drive economic growth in both countries. The UK Government believes the FTA will result in a £4.8 billion increase in UK GDP and a £2.2…
UK/US: UK Government and the US Administration Announce Trade Deal on Tariffs and Market Access
The United Kingdom (UK) and the United States (US) have concluded a trade deal covering a range of products and promoting market access for goods.
In response to the recent additional tariffs adopted by the US administration, both countries agreed to the following:
- US import duties on UK-origin cars will be reduced from 27.5% to
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EU: The European Commission Launches a New Public Consultation on Countermeasures to the Latest US Tariffs and Will Initiate a WTO Procedure
The European Commission has unveiled a proposed response to the US tariffs on cars and automotive parts, as well as the so-called reciprocal tariffs. These countermeasures from the European Union (EU) will be adopted if the ongoing negotiations with the US administration fail. As mentioned in our last blog, the EU decided to pause…
US: Preparing for US national security investigation of imports of pharmaceuticals and pharmaceutical ingredients
In briefThe US Department of Commerce (“Commerce“) has initiated a Section 232 national security investigation into the imports of pharmaceuticals and pharmaceutical ingredients. This investigation aims to determine whether these imports threaten US national security. The scope of the investigation includes finished drug products, medical countermeasures, critical inputs such as active pharmaceutical ingredients (APIs), key…
Japan: The Japanese government has initiated anti-dumping duties on graphite electrodes imported from China
Since April 24, 2024, the Ministry of Economy, Trade and Industry (METI) and the Ministry of Finance (MOF) had been conducting an anti-dumping investigation into graphite electrodes imported from China. As a result of the investigation, on 28 February 2025, METI and MOF issued a provisional determination that presumes the fact of dumping and the…
US Tariffs and the Life Science industry – an update
Following our previous post here, we provide an update on the current developments in this area.
On April 2, 2025, the US administration announced reciprocal tariffs on all imports into the United States (see here). As it has been widely reported, pharmaceutical products were exempted from these tariffs whereas medical devices were not.…
US Tariffs – Canada: New Avenues for Retaliatory Tariff Relief Issued
To date, Canada has implemented three rounds of retaliatory tariffs at a rate of 25% against certain US origin goods, with a fourth round of retaliatory tariffs pending after a public consultation period closed on April 2, 2025 (“Retaliatory Tariffs“). Canada has also announced several remission order processes which provide relief from the retaliatory tariffs.…
EU: Formalization of the announced 90-day suspension and additional package of EU tariffs on imports of US originating products
On 14 April 2025, the European Commission accepted Implementing Regulation (EU) 2025/778 (link), which lays down (additional) retaliatory measures to counter balance those imposed by the US on EU steel and aluminum:
- Adding further tobacco products while removing whiskeys (see Annex I of Implementing Regulation (EU) 2025/778).
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