Based on the examples discussed in previous blogs, we can now start to flesh out what tariff changes may look like under the incoming Trump Administration. TIMELINE GOING FORWARD First things first, the President-Elect will take office on January 20, 2025. Because the appointed USTR must be confirmed by the Senate, the appointment process will be the first significant […]
Now let us rewind to see Trump’s tariffs in his first term and during the Biden Administration. RECENT TARIFF HISTORY While talk of tariffs is receiving a lot of media attention, it is important to temper your expectations. The best way to do this is to look at recent examples of Section 301 and Section 232 tariffs, and the processes these […]
Now let us continue discussing Trump’s tariffs in his second term. PRESIDENT-ELECT TRUMP’S PROMISES The President-Elect has not, as of yet, published a comprehensive timeline for trade related changes. Nonetheless, we can speculate as to what the Trump Administration’s trade policies will look like by using a handful of campaign statements and the official Republican Party 2024 Platform, referenced […]
Election season is over, meaning that big changes to United States trade policy could be right around the corner. While changing laws can be a source of anxiety for the trade community, our goal going forward is to explain these changes and to help the community make informed decisions. To that effect, we will be publishing a series of articles […]