Derrick Kyle

2 months ago | mondaq.com | Olga Torres |Derrick Kyle

On February 13, 2025, President Trump issued a Presidential Memorandum on "Reciprocal Trade and Tariffs" (the "Reciprocal Tariffs Memorandum"), introducing the "Fair and Reciprocal Plan" to determine "the equivalent of a reciprocal tariff with respect to each foreign trading partner." The reciprocal tariffs may be implemented as soon as April 2025.1 Pursuant to the America First Trade Policy, issued on January 20, 2025, various executive agencies are required by April 1, 2025 to provide the...