The trade negotiation letters that have been coming out of the White House could chill potential dealmaking as countries see the lack of benefit in negotiating with President Donald Trump, according to former senior U.S. trade negotiators speaking during a panel discussion. Unimpressed by the pace and scope of current dealmaking, they argued that the breadth of areas that Trump wants to address with tariff solutions may weaken his ability to get what he wants.
At a luncheon July 9 with the leaders of Liberia, Senegal, Gabon, Mauritania and Guinea-Bissau, President Donald Trump was asked by a reporter if he supported a renewal of the African Growth and Opportunity Act, so that it doesn't end in September.
Georgetown Law professor Jennifer Hillman, a former International Trade Commissioner and a former general counsel in the office of the U.S. Trade Representative, predicted that the Supreme Court may make a decision on the legality of reciprocal tariffs and other tariffs imposed via the International Emergency Economic Powers Act, or IEEPA. Hillman, who was speaking on a July 8 webinar about tariffs hosted by the Council on Foreign Relations, has been helping challengers to those tariffs, and she said there's "a very good chance that the legal challenges will at least temporarily derail the tariffs imposed under the [law]."
President Donald Trump posted a letter to Brazil's president, telling him: "Due in part to Brazil's insidious attacks on Free Elections and the fundamental Free Speech Rights of Americans," Brazilian exports will face a 50% reciprocal tariff on Aug. 1.
Mayur Patel, former chief international trade counsel to the chair of the Senate Finance Committee, has joined Hogan Lovells as a partner in the international trade and investment practice, the firm announced. As a Senate staffer, Patel played a key role in overseeing "major Trump-era trade measures," the firm said. Prior to joining the Senate, Patel worked as associate general counsel in the Office of the U.S. Trade Representative.
President Donald Trump and Treasury Secretary Scott Bessent, in different appearances on the same day, said that negotiations do not need to conclude by July 8 to avoid higher reciprocal tariff rates at 12:01 July 9.
Two former general counsels from the Office of the U.S. Trade Representative disagreed sharply about the need for the current aggressive tariff hikes. But Jennifer Hillman, who is helping to write amicus briefs for members of Congress challenging the legality of International Emergency Economic Powers Act tariffs, and Steven Vaughn, who served in the first Trump administration, agree what would happen if the current administration loses the case.
Rep. Ayanna Pressley, D-Mass., and 25 other House Democrats asked Treasury Secretary Scott Bessent to tell them by July 10 whether the administration is going to carve out baby products from tariffs on Chinese goods. In a letter publicized June 26, the members noted that Bessent said exempting baby products was under consideration on May 7, and that the president also said he would "take a look at it" in response to questions that day.
At an appearance at the Washington International Trade Association, Sen. Maria Cantwell, D-Wash., criticized the Trump administration for instituting an "on-again, off-again tariff structure, that, in some instances, are higher than even the Smoot-Hawley levels."
The House Ways and Means Trade Subcommittee chairman, 44 other House Republicans and Sen. Steve Daines, R-Mont., urged the U.S. trade representative, agriculture secretary, commerce secretary and treasury secretary to get trade partners to end digital services taxes, improve import quotas and lower tariffs in these quick negotiations, all issues that they said "we cannot delay addressing."