CIT Rules Against the Administration’s Authority on Fentanyl and IEEPA Tariffs The Court of International Trade (CIT) ruled against President Trump’s authority to impose Fentanyl tariffs and Reciprocal tariffs issued under IEEPA. The court ordered the U.S. government to issue an injunction within 10 days (June 7) to stop the collection of the additional tariffs. The CIT is also expected …
SPECIAL MEMO TO CLIENTS 25-023 – May 12, 2025
The U. S. and China Have Announced a Temporary Easing of Tariffs for 90 Days The United States and China have issued a joint statement that they would both temporarily reduce the reciprocal tariffs put in place in April. The U.S. will suspend its tariffs imposed on April 2 of 34% and April 8 of 84% but will maintain a …
MEMO TO CLIENTS ISSUE 25-022 – May 05, 2025
Updated Carmichael Tariff Charts Carmichael introduced our guide to the additional tariffs being assessed by President Trump to help our customers review the tariffs. The President has been continually active with changes to the additional tariffs. Carmichael will be updating these charts and will post a link on each Memo to our clients. Here is a link to our latest …