Trump Tariff Exemptions Uncertain as Companies Seek Safety Valve
International Trade attorney Ronald Oleynik was quoted in a Bloomberg Law article discussing the uncertainty surrounding exemptions from the Trump Administration's tariffs on imports from China, Canada and Mexico. With 10 percent tariffs on China in effect and 25 percent tariffs on Canada and Mexico looming, companies are bracing for significant disruptions to their supply chains. The article highlighted the challenges businesses, particularly those reliant on cross-border manufacturing, face in preparing exclusion requests amid a lack of formal guidance. Mr. Oleynik advised companies with overseas factories to engage with foreign governments and U.S. lawmakers to advocate for their interests during upcoming negotiations. He also suggested reviewing the administration's stated goals for imposing the measures to inform exemption requests.
"It's a creative writing process. You're not making it up, but you're creatively looking at their arguments for why they put it in place and trying to fit your product exclusion in with their policy," he said.
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