EsqSocial

This past Saturday, the last piece of the automobile tariffs came into force when those 25 percent tariffs became effective on imported automobile parts (including engines and engine parts, transmissions and powertrain parts, and electrical components). Despite having received some respite from the full brunt of the tariffs through President Trump’s anti-stacking executive order and automobile tariffs offset proclamation, automakers in the U.S. are beginning to announce price increases for...
By: Baker Botts L.L.P.