Although the reciprocal tariffs are slated to take effect on Aug. 1, the most up‑to‑date information comes from the July 31 announcement. Annex II of the executive order issued at that time lists each affected country and the percentage of additional duty that will be added to its existing Harmonized Tariff Schedule rate. For every country‑specific entry the order repeats the same conditions: the additional duty does not … Read More
EU and USA Trade Pact Reignites Cross-Atlantic Supply Chains
July 31, 2025 | Trade & Logistics Update In a major breakthrough, the United States and European Union have reached a landmark agreement to suspend billions of dollars in retaliatory tariffs and establish a new cooperative trade framework. Announced over the weekend and formally introduced by President Trump on July 28, the deal is being hailed as a turning point in U.S.–EU trade relations, potentially … Read More
U.S. Seals Deals with Indonesia, Japan, and the Philippines Ahead of August 1 Tariffs
With just days left until August 1st, when a new wave of U.S. tariffs is set to take effect, some countries have successfully struck deals with Washington to ease the impact on their exports. These agreements, along with retaliatory measures from the European Union and updates on negotiations with other key nations, signal major shifts for global supply chains. Here’s what you need to know: … Read More
How Middle East Tensions Are Disrupting Supply Chains
On June 13, the global energy market reacted sharply to breaking news: Israel had carried out a strike on Iranian military targets. Early fears suggested a broader escalation could be underway, perhaps even one that would drag in Iran’s critical oil infrastructure. While that didn’t happen (Iran’s oil facilities were untouched), the market didn’t wait for confirmation. Diesel futures spiked nearly 8%. Crude oil prices … 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
EU Prepares Countermeasures Against U.S. Tariffs
Tensions between the United States and European Union are escalating—again. On May 7, the European Commission launched a public consultation on potential retaliatory tariffs targeting a wide swath of U.S. goods. This move comes amid stalled negotiations to resolve newly imposed U.S. duties, including a 20% tariff on EU products and 25% on vehicle imports. The Stakes: €95 Billion in U.S. Goods at Risk The … 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
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
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
Canada Hits Back with $155B in Tariffs on U.S. Goods
“The moment U.S. tariffs came into effect this morning, so did the Canadian response. Canada will be implementing 25% tariffs against $155 billion of American products. Starting with $30 billion worth of goods immediately, and the remaining $125 billion in 21 days’ time”, was a LinkedIn post from Canadian Prime Minister, Justin Trudeau. This decisive move by Prime Minister Trudeau marks a significant escalation in … Read More