After weeks of mounting trade tensions, the U.S. and China have struck a deal to significantly reduce import tariffs for 90 days, offering a crucial window of relief for global supply chains. The agreement, announced following high-level talks in Switzerland, will slash mutual tariffs by up to 115%. For many logistics and supply chain leaders, this temporary reprieve is a welcome reset after last month’s … Read More
U.S.-UK Trade Pact Keeps 10% Tariff Wall Intact
On May 8, 2025, President Donald Trump and UK Prime Minister Keir Starmer unveiled a limited trade agreement aimed at easing certain tariffs and expanding market access between the two nations. While the deal marks a diplomatic milestone, it retains the controversial 10% baseline tariff on most UK exports to the U.S., signaling that protectionist policies remain a cornerstone of Trump’s trade strategy. Key Provisions … Read More
Inside U.S. and Peru Trade: What Moved, What’s Next, and Why It Matters
The trade relationship between the United States and Peru is a dynamic and strategic partnership that continues to support economic growth and stability for both nations. This alliance was solidified with the United States–Peru Trade Promotion Agreement (PTPA), signed on April 12, 2006, and officially entering into force on February 1, 2009. Since then, the PTPA has significantly enhanced trade liberalization, removed tariffs on most … Read More
U.S.–China Trade War Heats Up: Tariffs Target Tech and Electronics
The U.S.–China trade relationship is once again in the global spotlight as tensions escalate through a new wave of tariff actions and investigations. While both countries remain locked in a retaliatory tariff cycle, recent developments indicate that the U.S. is expanding its trade enforcement strategy beyond broad-based tariffs, targeting strategic industries like semiconductors, pharmaceuticals, and critical minerals. Spotlight on Semiconductors: The Centerpiece of a New … Read More
In Real Time: Today’s Top Tariff Headlines
Tariff Timeline: A Real-Time Look at 2025’s Key Trade Shifts July30th- New tariffs to India and Additional Duties for Brazil 25% in Imports from India. U.S. President Donald Trump declared that a 25% tariff will be placed on a broad range of imports from India, effective August 1, 2025 Trump also mentioned an unspecified additional penalty tied to India’s ongoing purchases of military equipment and … Read More
U.S.Tariff Update: What You Need to Know as of April 10, 2025
As of April 10, 2025, significant changes to U.S. import tariffs have gone into effect under Executive Order 14257. If you’re moving goods into the U.S., these changes could impact your supply chain and cost structures over the next several months. Here’s a breakdown of what’s changed, what it means for your business, and how to stay compliant. Universal 10% Duty Rate – Country-Specific Tariffs … Read More
US to Slap 104% Tariff on China After Deadline Expires
In a significant escalation of trade tensions, the United States has confirmed the implementation of a 104% tariff on Chinese imports, effective 12:01 a.m. ET on Wednesday. This move follows China’s refusal to withdraw its 34% retaliatory tariffs on American goods by President Trump’s Monday deadline. The White House emphasized that this action aims to address longstanding trade imbalances and unfair practices by China. White … Read More
“Liberation Day” Arrives: U.S. Unveils Sweeping New Tariffs
President Donald Trump marked what he termed a “Declaration of Economic Independence” at the high-profile “Make America Wealthy Again” event, announcing comprehensive new tariffs aimed at reshaping America’s trade relationships globally. Dubbed “Liberation Day” by the administration, the strategy introduces a baseline tariff of 10% on virtually all imports into the U.S., significantly altering the landscape of international commerce. A Strategic Shift in Global Trade … Read More
Brazil and USA: Imports, Exports & Key Commodities
Brazil and the USA maintain a strong and diversified trade relationship, which reached a total goods exchange of $92 billion in 2024. According to the U.S. Trade Representative, U.S. exports to Brazil rose by 11.3% from 2023, totaling $49.7 billion. Imports from Brazil to the U.S. also grew, reaching $42.3 billion, an 8.3% increase compared to the previous year. Trade Agreements between both countries In … Read More
Steel Tariffs: A New Challenge for the Automotive Industry
President Donald Trump’s tariffs on imported steel and aluminum have officially gone into effect. While these tariffs do not directly target vehicles, the resulting increase in steel and aluminum costs is expected to raise manufacturing expenses, inevitably pushing up the prices consumers pay for cars. Rising Car Prices A proposed 25% tariff on imported vehicles could lead to substantial price increases. For example, a car … Read More