From tariffs to emerging challenges like carbon border taxes, our tailored advice helps you seize opportunities and mitigate risks.

In this episode of the Eureka series, Former Director of CorpFin at the SEC and Freshfields partner Erik Gerding and Freshfields partners Pamela Marcogliese and Leza Bieber discuss how to think about disclosures and governance during a trade war.

On April 9, 2025, President Trump issued an Executive Order (EO) 14266 modifying EO 14257 imposing “reciprocity” tariffs and further increasing country-specific tariffs against China.

In this briefing, we analyse how China, Canada, and the EU have responded to the tariffs which President Donald Trump has imposed by commencing dispute settlement proceedings before the World Trade Organization (WTO). 

In our briefing of 27 February, we examined the EU’s plans to respond to Trump’s tariffs. Since then, there have been a number of developments. In addition to tariffs on imports from China, Canada and Mexico, and imports of steel, aluminium, and cars and car parts, President Trump has now imposed so-called ‘reciprocal tariffs’ on almost all countries in the world.

Since February 2025, President Trump has taken various executive actions, including the latest Executive Order published on April 2, 2025, imposing a wide array of tariffs on imports into the United States. 

With tariffs, tax cuts, and court battles center stage in Washington, DC, it’s easy to lose sight of policy debates that capture less attention but will have profound effects...

Until recently, most EU businesses importing products from the US have not had to worry about the intricacies of EU customs law, as EU tariffs (also known as “customs duties”) on most industrial imports have been zero or close to zero. However, the recent dramatic changes in tariff policy in the US have led to the EU proposing significant counter-tariffs on US imports.

Weeks after the U.S. Department of State’s designation of a group of drug cartels as foreign terrorist organizations (FTOs), private plaintiffs filed the first civil lawsuit in a U.S. court leveraging that designation to bring Anti-Terrorism Act (ATA) claims.

At the beginning of April 2025, the conservatives (CDU/CSU) and the social democrats (SPD) presented their coalition agreement, titled ‘Responsibility for Germany’...