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ARTICLE · 19 FEBRUARY 2025

Reciprocal Trade And Tariffs

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Introduces the "Fair and Reciprocal Plan," which directs agencies to initiate all necessary actions to investigate any harmful non-reciprocal trade arrangement utilized by trading partners of the United States.

United StatesInternational Law
Akin Gump Strauss Hauer & Feld LLP
Akin Gump Strauss Hauer & Feld LLP
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Introduces the "Fair and Reciprocal Plan," which directs agencies to initiate all necessary actions to investigate any harmful non-reciprocal trade arrangement utilized by trading partners of the United States. Agencies will report to the President with proposed remedies for any trading partner employing a practice against U.S. products, businesses, workers, and consumers that the United States does not currently match. The Memorandum applies to all global trading partners; there is no geographic limit of scope.

Deadlines:

  • After submitting the reports due April 1, 2025, under the America First Trade Policy Memorandum, the relevant agencies will initiate investigations of harms associated with non-reciprocal trade arrangements by trading partners and make reports to the President. No deadline is provided for these investigations or subsequent reports.

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