Post Liberation Day --"Secondary Tariffs" Raise Costs Even Higher for International Actors

President Trump has used tariffs as a significant point of geopolitical leverage since the beginning of his second term. Indeed, his administration dubbed April 2, 2025 “Liberation Day” in honor of a sweeping set of tariffs imposed on a variety of goods and counterparties. These included, among others, a 10 percent universal tariff on all imports into the United States effective April 5, 2025......
By: Bracewell LLP

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