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
White House Suspends Tariffs on Canadian and Mexican USMCA Goods—AGAIN!
In an important development impacting trade relations within North America, the White House announced today that effective 12:01 a.m. EST on March 7, 2025, the recently imposed International Emergency Economic Powers Act (IEEPA)-based tariffs on goods from Canada and Mexico will be temporarily suspended for all products compliant with USMCA origin requirements. This temporary suspension will remain in effect until April 2, 2025, the date … Read More