United States: International Trade & Investment

Since the day President Trump arrived at the White House, international trade policy has been at the top of his agenda, starting with the release of the "America First Trade Policy Memo," which he released on the first day of his second term.

On January 29, 2026, the White House issued a new Executive Order, "Addressing Threats to the United States by the Government of Cuba" (the "Executive Order"), declaring a national emergency with respect to Cuba and establishing a framework for the imposition of tariffs on imports into the United States of goods from any country that supplies oil to the island, directly or indirectly

On February 2, the US Department of Commerce issued a Federal Register Notice outlining "US content" exemption procedures and requirements under the Section 232 tariffs on certain medium- and heavy-duty vehicles (MHDVs).