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
U.S. to Impose 35% Tariff on Canadian Goods
In a major escalation of trade tensions, President Trump announced that the United States will impose a 35% tariff on Canadian-origin goods starting August 1, 2025. The decision, shared via social media late on July 10, was justified by the administration as a response to several concerns: the flow of illicit fentanyl across the northern border, Canadian tariffs on U.S. dairy, and ongoing non-tariff trade … 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
Steel & Aluminum Duties Double Under Trump’s Latest Trade Action
On June 4, 2025, steel and aluminum tariffs in the United States will double, from 25% to 50%, under a new directive by President Donald Trump. This move marks the administration’s latest effort to shield America’s core manufacturing industries from what it calls “unfair trade practices and global excess capacity,” and to restore critical production capabilities that the White House argues are essential to national … Read More
Trump’s Global Tariffs Face Legal Setback After Court Decision
In a landmark decision, the U.S. Court of Appeals for the Federal Circuit has issued a permanent injunction blocking key portions of former President Trump’s tariff program—potentially reshaping U.S. trade policy. The Trump administration has already filed an appeal, setting the stage for a legal showdown that may ultimately reach the Supreme Court. The ruling stems from the case V.O.S. Selections, Inc. v. Trump (Docket … 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
Canada and EU Hit Back: How Trump’s New Tariffs Are Shaking Global Trade
On March 12, 2025, President Donald Trump’s administration implemented a 25% tariff on all imported steel and aluminum, marking a significant shift in U.S. trade policy. This move aims to bolster domestic metal industries but has sparked widespread debate and concerns about potential economic repercussions. The decision to impose these tariffs was announced on February 10, 2025, with the intent to reduce reliance on foreign … 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
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
New Guidance on Additional Tariffs for Canadian Imports
As of March 4, 2025, new additional duties on imports from Canada are officially in effect. These tariffs, imposed under Executive Order 14193, are part of the U.S. government’s efforts to combat the flow of illicit drugs across the northern border and strengthen national security. If your business imports goods from Canada, it’s crucial to understand the changes and ensure compliance with U.S. Customs and … Read More
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