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