On July 12, 2025, President Donald Trump announced plans to impose 30% tariffs on nearly all imports from the European Union and Mexico, with the measures scheduled to take effect on August 1. The announcement, made via Truth Social, marks one of the most aggressive trade moves in recent history and has triggered global concern, from diplomatic circles to financial markets. What’s Behind the Tariff … Read More
Massive U.S. Tariff Increases Coming August 1st
In a strategic and unilateral move, the U.S. government has extended its tariff pause from July 9 to August 1, 2025, and implemented new tariff rates for 14 countries, including key trade partners like Japan, South Korea, Malaysia, and Indonesia. On July 7, 2025, President Trump invoked the International Emergency Economic Powers Act (IEEPA), the National Emergencies Act, and the Trade Act of 1974, reaffirming a national emergency over … 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
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
Trump Halts Tariffs on Mexican Imports – But for How Long?
The trade landscape took another sharp turn this week as President Donald Trump announced a temporary pause on tariffs for Mexican goods covered under the United States-Mexico-Canada Agreement (USMCA). This decision, which grants a reprieve until April 2, comes amid heightened economic uncertainty, market fluctuations, and growing concerns from businesses about rising costs. A Strategic Pause Amid Trade Tensions After discussions with Mexican President Claudia … Read More