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Global Trade & Foreign Policy Insights

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April 9, 2025

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4 min read

Executive Order 14203 “Imposing Sanctions on the International Criminal Court” and Key Takeaways

On February 6, 2025, President Trump issued Executive Order (EO) 14203, “Imposing Sanctions on the International Criminal Court,” blocking the property of
the International Criminal Court’s (ICC) Chief Prosecutor and providing authority to designate any foreign persons that the Secretary of State (in consultation
with the Secretary of the Treasury and the Attorney General) determines to have directly engaged in certain specified acts.
...Read more

April 3, 2025

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4 min read

April 2 Tariffs and Implications for Importers and Investors

On April 2, 2025, President Trump signed two executive orders enacting sweeping reciprocal tariffs and eliminating the de minimis treatment for imports
from China and Hong Kong. The accompanying Fact Sheet also continues to highlight sectors for which the Administration is seeking new investment in
manufacturing. 
...Read more

April 2, 2025

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3 min read

SEC Hosts Roundtable on Artificial Intelligence in Finance

On March 27, 2025, the Securities and Exchange Commission hosted a roundtable discussion on artificial intelligence in the financial industry. Acting
Chairman Mark T. Uyeda and Commissioners Hester M. Peirce and Caroline A. Crenshaw delivered remarks that highlighted the SEC’s efforts to assess AI’s
evolving role in finance, including its benefits, risks, and regulatory implications.
...Read more

March 18, 2025

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8 min read

President Trump’s Iran-Related Memo and Key Takeaways

On February 4, 2025, President Donald Trump issued his second National Security Presidential Memorandum (NSM-2), enacting “maximum pressure on the
Iranian regime.” While Iran is already subject to robust and comprehensive U.S. economic sanctions and embargos, NSM-2 focuses on denying Iran nuclear
weapons and intercontinental ballistic missiles, countering Iran’s development of weapons, and disrupting those who act on behalf of Iran (includ...Read more
...Read more

March 14, 2025

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4 min read

Winston Pocket Guide to EU Export Control and Regulation

On 30 January 2025, the European Commission published its first annual report on the implementation of EU export controls and the modernised Dual-Use
Regulation. The report marks an important milestone in the development of EU export control policy, providing a consolidated overview of the data for 2022
with a view to enhancing transparency in this area.
...Read more

March 7, 2025

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2 min read

Executive Order Directs Investigation to Consider a Global Copper-Import Tariff

On February 25, 2025, President Trump signed the “Addressing The Threat To National Security From Imports of Copper” Executive Order., which orders the
Department of Commerce to investigate the effects of copper imports on national security, which could lead to tariffs on all copper imports. The United
States currently imports just under half of the refined copper it consumes. More than 90% of the copper imported by the United States comes fr...Read more
...Read more

March 6, 2025

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2 min read

Trump Hosts Modi to Discuss Trade Arrangements

On February 13, 2025, President Trump hosted the Prime Minister of India, Narendra Modi, at the White House. Prime Minister Modi was the fourth head of
state to meet with President Trump regarding the President’s threat that United States trading partners will face reciprocal tariffs.
...Read more

March 3, 2025

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8 min read

Executive Order 14148: Impact on Sanctions and Trade

On January 20, 2025, shortly after his inauguration, President Donald Trump signed the “Initial Rescissions of Harmful Executive Orders and Actions”
Executive Order (EO) 14148. In order to “restore common sense to the Federal Government and unleash the potential of the American citizen,” EO 14148
rescinded 67 Executive Orders and 11 Presidential Memoranda from the Biden administration.
...Read more

February 20, 2025

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2 min read

President Trump’s Proclamation on Aluminum Tariffs

On February 11, 2025, President Trump issued a proclamation implementing tariffs on aluminum and derivative steel articles. The Proclamation effectively
eliminated exemptions from tariffs for countries and territories, including Canada, Mexico, the European Union, the United Kingdom, Japan, and South Korea.
...Read more

February 19, 2025

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3 min read

President Trump’s Proclamation on Steel Tariffs

On February 10, 2025, President Trump issued a proclamation implementing tariffs on steel and derivative steel articles. Effective March 12, 2025, previous
proclamations that exempted or adjusted tariffs on steel imports from various countries, including South Korea, Argentina, Australia, Brazil, Canada, Mexico,
Japan, the United Kingdom, Ukraine, and the European Union, will be rescinded.
...Read more

February 3, 2025

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7 min read

Tariffs on Canada, China, and Mexico Are Here: An Overview of the February 1 Executive Orders

As anticipated, on Saturday, February 1, 2025, President Trump signed three executive orders imposing a 25% ad valorem rate of duty on Canadian and
Mexican products; and a 10% rate of duty on Chinese products. 
...Read more

January 29, 2025

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less than 1 min read

Prospective Tariffs on Metals, Computer Chips, Semiconductors, and Pharmaceuticals

On January 27th, President Trump threatened to impose tariffs on U.S. imports of copper and aluminum (metals needed for U.S. military hardware
production), as well as steel.
...Read more

January 28, 2025

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2 min read

Prospective Tariffs on Goods from Colombia

On January 26, 2025, a feud between the United States and Colombia began pertaining to U.S. military flights carrying deportees to Colombia. After initially
providing approval for the two aircraft to land in Colombia, Colombian President Gustavo Petro blocked their landing. According to his multiple social media
posts, he explained that he was objecting to the use of military planes as opposed to commercial airlines to deport the migrants. In response, Pr...Read more
...Read more

January 27, 2025

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2 min read

With the End of Chevron Deference, Doors Open for Financial Institutions to Challenge Treasury

The 1984 Supreme Court decision in Chevron U.S.A. Inc. v. Natural Resources Defense Council, Inc. established the ‘Chevron deference’ doctrine, which
required courts to defer to administrative agency interpretations of ambiguous statutes if they were reasonable. This doctrine significantly impacted the
financial services sector, making it difficult to challenge the US Department of the Treasury’s actions, such as sanctions and penalties. 
...Read more

January 24, 2025

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5 min read

Summary of America First Trade Policy

On January 20th, President Trump issued a memorandum titled the America First Trade Policy to the Secretaries of State, the Treasury, Defense, Commerce,
Homeland Security, and the Director of the Office of Management and Budget, the U.S. Trade Representative, the Assistant to the President for Economic
Policy, and the Senior Counselor of Trade and Manufacturing. 
...Read more

January 22, 2025

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3 min read

Latest Updates from Trump Administration: Prospective Tariffs on Goods from Mexico, Canada, and China

Following his inauguration on Monday, January 20, 2025, President Donald Trump held off on issuing an executive order instituting additional tariffs of any
form.
...Read more

December 10, 2024

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12 min read

Prospective Tariffs on Goods from Mexico, Canada, and China

Since well before the November 6 election, President-elect Trump and his team have been discussing the imposition of tariffs on certain trade partners. The
scope of possibilities range from all imports being subject to a 10% to 20% additional tariff, to the imposition of a 60% tariff on imports from China, to tariffs
on vehicles from Mexico reaching as high as 100% to 200%.
...Read more

November 12, 2024

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13 min read

Winston’s Takeaways from the Final Outbound Investment Rule

October 28, 2024

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1 min read

BIS Releases Six-Page Guidance Statement to Financial Institutions Regarding Best Practices Under the Export Administration Regulations

On October 9, 2024, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) issued a six-page guidance statement to financial institutions
about best practices under the Export Administration Regulations (EAR). 
...Read more

September 12, 2024

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5 min read

Commerce Prepares for an AI Warfare Future with Quarterly Reports of AI Modeling and Computer Cluster Plans

On September 11, the U.S. Department of Commerce’s Bureau of Industry and Security published a proposed rule in the Federal Register that would require
quarterly reporting by organizations, companies, and corporations organized in the U.S. (including branches outside the U.S.) if they plan to either engage in
artificial intelligence model training or acquire, develop, or otherwise possess a high-performance computing cluster for AI training. 
...Read more
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About This Blog

Global Trade & Foreign Policy Insights addresses rapidly evolving U.S. foreign policy and its impact on cross-border trade. We address the impact on financial services, supply chains, and manufacturing. We also cover the international community’s response to U.S. foreign policy.

Contributors

Cari Stinebower

Partner

Jacob Harding

Local Partner

Dainia Jabaji

Of Counsel

Mariana Pendás Fernández

Of Counsel

Tony Busch

Associate

David Houck

Associate

Related Capabilities

  • Crisis Management
  • ITC – Section 337
  • International Trade
  • Financial Services Transactions & Regulatory
  • Maritime & Admiralty
  • Financial Services

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