President Donald Trump is likely to dust off a 1930 trade law largely forgotten for decades to back his new reciprocal U.S.

Ever heard of the Smoot-Hawley Tariff Act of 1930? Anyone? Those tariffs are widely credited with sinking the United States deeper into the Great Depression. And although global trade looks different ...

Parties confronted by the prospect of new tariffs will need to assess their impact on existing contractual obligations. U.S. law imposes the ...