MLex: The US will immediately begin the overhaul of its trade system, US President Donald Trump said at his inauguration ceremony on 20 January 2025 in Washington, DC. The establishment of an external revenue service to collect ‘massive amounts of money’ form tariffs and duties on imports will be the first step in this process, he said.

Law360: President Donald Trump signed an executive order on 3 June 2026 to strengthen Customs and Border Protection's (CBP) enforcement within its existing authority by bolstering requirements for the importer of record.

MLex: Exporters, including those from the EU, might soon face additional US tariffs under a plan announced by President Trump. In an executive order signed on 13 February 2025, Trump asked his administration to consider imposing ‘reciprocal’ tariffs on countries that he believes are taxing the US imports too much. The investigation is set to be completed by 1 April 2025.

MLex: President Donald Trump on 26 February 2025 said his administration plans to saddle all European Union imports with 25% tariffs in another escalation in the trade conflict with the economic EU. Trump, speaking during his first full cabinet meeting, told reporters that his administration has made a decision and would make a formal announcement soon on the tariffs, which he said would apply broadly to EU goods, though he specifically mentioned cars.

MLex: Steel makers will see a global tariff of 25% reimposed on exports to the US under an executive order signed by US President Donald Trump on 10 February 2025. The order also raised to 25% the US import levy on aluminum. It sets 12 March 2025 as the date for both measures to take effect, with no exemptions foreseen for the US's biggest trade partners such as Canada, Mexico, the EU or any other country.

MLex: President Donald Trump signed on 26 March 2025 an executive order imposing a 25 percent tariff on finished car imports starting on 3 April 2025

Law360: President Donald Trump signed an executive order on 10 February 2025 that puts a 'pause' on enforcement of the federal Foreign Corrupt Practices Act (FCPA), saying the law against US companies bribing foreign officials to win business in other countries has made American companies less competitive.

Law360: President Donald Trump said he would impose a 10% tariff on several countries in the EU beginning 1 February 2026 as a way to build pressure toward his goal for the US to purchase Greenland, according to a social media post.

Aspects of a Biden administration executive order that sought to reduce the security and safety risks posed by artificial intelligence (AI) will survive in some form, even after President Donald Trump made good on a campaign promise to drop it. Instead of disappearing, elements of Biden’s AI framework will likely be tweaked to align with the Trump administration’s pro-growth, more-limited-regulation agenda, and expectations of the AI industry.

Law360: President Donald Trump's temporary global 10% tariffs are unlawful because the narrow set of economic conditions required for the measure to be imposed were not met, the US Court of International Trade said on 7 May 2026 in a divided opinion.

Law360, London: The US and UK governments have agreed to reduce tariffs and avoid counter-tariffs in a limited trade deal announced on 8 May 2025 by President Donald Trump and Prime Minister Keir Starmer that will cut 25% tariffs on British cars to 10% and remove tariffs on certain metals.

An equitable obligation (ie a duty imposed by the law of equity), binding the trustee to deal with property over which he has control (the trust property), for the benefit of persons (the beneficiaries), of whom the trustee may be one, and any one of whom may enforce the obligation.