On June 25th, Baker McKenzie’s Trade, Sanctions, and Customs Practice will be hosting a webinar focused on Tariffs: A Holistic View of Legal & Business Considerations (Trade, Customs, Commercial, Disputes, Employment, M&A, Restructuring and more).In this webinar, our multi-specialist panel will share their insights on tariff mitigation strategies and considerations across the supply chain and
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Webinar summary: Key global customs trends, tips & updates: latest developments shaping the markets
Our speakers provided a global overview of the hot topics and key trends across customs law and policy.
A diverse range of regional trends were spotlighted across the US, EU, UK, Latin America, Asia Pacific, Africa and Middle East. This included the ‘new era’ of digitisation and data sharing between customs authorities in the EU,…
Webinar summary: Customs & tariffs in the new US administration – Tuesday 3 June 2025
On 3 June 2025, Baker McKenzie kicked off its Annual Compliance Conference Webinar Series with a session focusing on the evolving customs and tariffs landscape under the new U.S. administration. The panel, chaired by Jenny Revis, featured our global experts who unpacked a number of recent sweeping changes, as well as strategic responses for businesses…
US Increases Section 232 Tariffs on Steel and Aluminum
On June 3, President Trump signed a proclamation increasing tariffs on certain imported steel and aluminum to 50% under Section 232 of the Trade Expansion Act of 1962. The proclamation increases the applicable rate of these duties from 25% and makes additional changes as to the applicable duties for certain products which could be subject…
Unpacking the Impact of Recent Tariff Decisions
Following a busy week in trade, with numerous US court decisions over the past days, businesses may be left wondering as the week wraps up: where does the recent flurry of decisions leave us?
Where things stand
- International Emergency Economic Powers Act (IEEPA) tariffs remain in effect: As described in our earlier blog post,
…
Court of International Trade Rules IEEPA Tariffs Must Be Rescinded Within Ten Days
In a landmark decision, the United States Court of International Trade (“CIT”) has ruled against the President’s imposition of tariffs under the International Emergency Economic Powers Act (“IEEPA”). The decision (involving two consolidated cases, V.O.S. Selections, Inc. et al. v. United States of America et al. and The State of Oregon et al. v. United…
EU: CJEU sheds light on customs valuation for provisional pricing structures
On 15 May 2025, the Court of Justice of the European Union (“CJEU“) has delivered a judgment in the ‘Tauritus’ case, offering crucial guidance on how to determine the customs value of imported products when their final price is not fixed at the time of importation but is subject to a provisional pricing arrangement. The ruling…
Threatening Tariffs on Films Produced Outside the United States
In early May 2025, President Donald Trump proposed a new tariff policy targeting foreign-made films. In a post on his social media platform, President Trump announced plans to impose a 100% tariff on all movies produced outside the United States and imported for American audiences. The move, he claimed, is necessary to protect American jobs…
US/China Trade Relations Update
On May 12, 2025, the United States and China announced their agreement to reduce the high tariff rates imposed on each other’s goods since early April while they enter into consultations to resolve their respective trade concerns. The agreement remains a temporary measure rather than a comprehensive resolution.
US Tariff Modifications
The United States will,…
USTR Investigation on Chinese Shipbuilding Practices Concludes with New Port Service Fees
On April 17, 2025, the United States Trade Representative (USTR) issued a final notice of action in its investigation under Section 301 of the Trade Act of 1974 of China’s maritime, logistics, and shipbuilding sectors for abusive and discriminatory practices associated with their sector dominance. In addition to introducing new fees and restrictions on Chinese-built,…