From AFOA General Counsel on April 3, 2025:

Here you will find Olsson Frank Weeda’s the most recent client memorandum providing a high-level overview of recent developments relating to the trade war. As anticipated, President Trump announced and implemented significant trade-related actions yesterday, “Tariff Liberation Day.” The announcements and actions include: 1) Reciprocal tariffs, 2) End to de minimis exemptions for Chinese goods; 3) Publication of Annexes detailing the HTSUS provisions subject to new tariffs on automobiles and automobile parts; 4) Addition of beer imported in aluminum cans and empty aluminum cans to the list of aluminum derivative products subject to Section 232 tariffs.