On July 2, 2025, President Trump announced on a social media post that the United States had entered a trade agreement with Vietnam. According to the post, the agreement will provide for the importation of US products into Vietnam free of tariffs. In exchange, Vietnamese imports will be assessed a 20% duty. Additionally, a 40% tariff will apply to transhipments—i.e., goods originating from third countries shipped to the US via Vietnamese ports. Background Vietnam was…
Introduction On 15 April 2025, the Tax Chamber of the First-tier Tribunal issued its judgment inRoseline Logistics Limited v HMRC [2025] UKFTT 0042 (TC),…
On June 17, the plaintiff-appellees in Learning Resources, Inc., et al v. Donald Trump, et al petitioned the Supreme Court of the United States…
In response to heightened scrutiny over country of origin declarations amid ongoing global tariff tensions, Singapore Customs issued Circular No. 06/2025 on 9 June…
On June 25th, Baker McKenzie’s Trade, Sanctions, and Customs Practice will be hosting a webinar focused on Tariffs: A Holistic View of Legal &…