The announcement comes as global tariffs on steel and aluminum take effect.

The tariff landscape continues to shift. On April 2, 2025, the current pause on tariffs for many Mexican and Canadian imports is set to expire, while tariffs on all countries importing Venezuelan oil are set to take effect.

Canada

  • On February 1, 2025, in an executive order titled “Imposing Duties to Address the Flow of Illicit Drugs Across Our Northern Border,” President Trump ordered that products from Canada

The Trump administration continues to roll back policies on DEI and banking regulation while facing various lawsuits over its personnel, spending, and immigration actions.

This past week, the Trump administration continued to take action on DEI, barring certain DEI-related language from government contracts and closing an office within the EPA. It also rolled back Biden-era proposals to regulate banking and finance. Meanwhile, the administration continues to face litigation challenges in federal court, with judges blocking personnel actions, USAID spending freezes

The administration continues to advance its agenda via executive orders amid confusion around rollbacks and rescissions.

This week, the Trump administration continued to sign several new executive orders imposing and rolling back new tariffs, and establishing a strategic bitcoin reserve, among others. President Trump also addressed a joint session of Congress on March 4, 2025, for the first time since retaking office. In his speech, the president highlighted the executive orders he has issued and outlined his vision for how

Companies trading with key global partners will need to navigate evolving tariff frameworks, including actions from China and Canada.

On March 4, 2025, the Trump administration’s previously announced tariffs on imports from Canada and Mexico went into effect following a 30-day pause. Separately, on March 3, President Trump issued an executive order titled “Further Amendment to Duties Addressing the Synthetic Opioid Supply Chain in the People’s Republic of China” that increases previously imposed tariffs on Chinese products from 10% to

Businesses trading with key global partners will face an uneven landscape of responses to the announced tariffs.

Update: On March 4, 2025, the Trump administration’s 25% tariffs on goods from Canada and Mexico, and additional 10% tariffs on goods imported from China, went into effect. China and Canada announced specific retaliatory tariffs in response, while Mexico announced a plan to respond.


Update: On February 10, 2025, the Trump administration issued a proclamation reinstating a 25% ad valorem tariff on steel imports

On March 19, 2025, Latham lawyers from the CFIUS & US National Security Practice will provide insights into what foreign and domestic companies can expect when engaging in cross-border investments, mergers, and acquisitions involving US businesses.

During this installment of the firm’s We’ve Got Washington Covered webcast series, Latham lawyers from the CFIUS & US National Security Practice will provide insights into what foreign and domestic companies can expect when engaging in cross-border investments, mergers, and acquisitions involving US

The administration also turned its focus to copper imports, bird flu, and a proposed new path to American citizenship.

This week, President Trump signed several new executive orders related to healthcare costs, copper imports, and the Department of Government Efficiency (DOGE), among others. The administration also announced strategies for addressing the bird flu breakout as well as a plan for a $5 million “gold card” path to American citizenship. Late last week, a federal judge enjoined implementation of key portions

The designations expand US tools and jurisdictional reach, and raise the stakes for foreign financial institutions and non-US companies to avoid dealing with designated entities.

By Eric Volkman and Lucas Baker

On February 20, 2025, the US Department of State designated eight drug cartels as Foreign Terrorist Organizations (FTOs) and Specially Designated Global Terrorists (SDGTs). This action implements Executive Order 14157 and is also in accordance with the US Attorney General’s February 5, 2025, Memo (“Total Elimination of Cartels and

The policy memo aims to preserve an open investment environment as well as restrict investment in strategic sectors.

By James H. Barker, Les P. Carnegie, Damara L. Chambers, Zachary N. Eddington, Ruchi G. Gill, and Catherine Hein

Late on Friday, February 21, 2025, the White House released its “America First Investment Policy” memorandum.

The presidential action seeks to enhance US national and economic security by directing department and agency heads to preserve an open investment

The Trump administration advances trade, workforce, and enforcement policy changes amid legal hurdles.

This past week, the Trump administration has continued to implement its policy priorities, announcing plans for reciprocal tariffs as well as a 25% tariff on steel and aluminum imports and pausing DOJ enforcement of the Foreign Corrupt Practices Act. These moves are coupled with the administration’s ongoing efforts to reduce the federal workforce and federal spending, despite legal challenges.

Latham lawyers are carefully monitoring the rollout of