Updates on the impact of the new US tariffs and related countermeasures on global business

The new U.S. administration’s tariff measures have disrupted global businesses, but ongoing policy uncertainty is the main driver of today’s volatile trade environment. With the suspension of the expansive ‘reciprocal’ tariff regime set to expire in early July and President Trump renewing announcements for potential new measures, global markets remain on edge. Countermeasures and significant commercial consequences are becoming more likely, while emerging bilateral deals could reshape market conditions. The rapidly shifting trade landscape is making it harder for businesses to manage cross-border operations. In our latest Ashurst webinar, our international trade and disputes teams explored the key legal and commercial impacts of these developments and shared practical strategies for mitigating risk.