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ARTICLE · 27 JANUARY 2025

President Trump Issues "America First Trade Policy" Memorandum

Cassidy Levy Kent LLP
Cassidy Levy Kent LLP
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Cassidy Levy Kent LLP

Cassidy Levy Kent LLP

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After months of anticipation fueled by President Trump's promises that he would impose tariffs on "Day One" of his presidency...

GlobalInternational Law
Myles S. Getlan
Myles S. Getlan
Thomas M. Beline
Thomas M. Beline
Roop K. Bhatti
Roop K. Bhatti
Martin Schaefermeier
Martin Schaefermeier
Ahdia Bavari
Ahdia Bavari
Amy Morris
Amy Morris
Andrea Rivera Conte
Andrea Rivera Conte
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After months of anticipation fueled by President Trump's promises that he would impose tariffs on "Day One" of his presidency, Inauguration Day came and went with no new tariffs imposed. Nevertheless, everything then-candidate Trump discussed during his campaign appears to remain on the table. Among other executive actions taken that also referenced trade imbalances and tariffs (here, here, and here), President Trump signed an Executive Memorandum on America First Trade Policy instructing the trade agencies to review, report, investigate, and make recommendations on a broad array of trade policy and enforcement areas.

The Memorandum requires comprehensive reports within 75 days from combinations of the Department of Commerce, Department of the Treasury, Office of the United States Trade Representative ("USTR"), and Department of Homeland Security ("DHS"), as well as the newly created position of Senior Counselor for Trade and Manufacturing held by Dr. Peter

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