Trump Raises Tariffs on Canada to 35% Amid Trade and Border Disputes
August 01, 2025.
Trade Publications
On July 31, President Trump signed an executive order increasing tariffs on Canadian goods from 25% to 35%, effective August 1, 2025. The administration links the tariff hike to national security, arguing that insufficient Canadian enforcement against illicit drug smuggling – particularly fentanyl – poses “an unusual and extraordinary threat” to the U...
Read MoreWhite House Issues New Executive Order Modifying Reciprocal Tariff Rates Effective August 7, 2025
August 01, 2025.
Trade Publications
On July 31, 2025, President Trump signed an executive order under the International Emergency Economic Powers Act (IEEPA), adjusting reciprocal tariff rates for certain trading partners, expanding tariff measures originally established in Executive Order 14257 (issued April 2, 2025, Liberation Day). Provisions of the Order Tariff Rate Adjustments: Goods from certain trading partners...
Read MoreWhat to Expect on August 1: Trump’s Tariff Deadline and Its Global Implications
July 31, 2025.
Trade Publications
On August 1, 2025, the U.S. is poised to impose a sweeping set of “reciprocal” tariffs on imports from dozens of countries, with rates ranging from 15% to 50%. President Trump has framed the move as a strategy to force better trade deals by targeting nations that, in his view,...
Read MoreU.S. and South Korea Confirm Trade Deal Ahead of August 1 Deadline
July 31, 2025.
Trade Publications
The U.S. and South Korea have announced a trade agreement that sets 15% tariffs on South Korean goods, including vehicles, averting the previously threatened 25% rate. The agreement reflects $350 billion in South Korean investment in the U.S, with a commitment of $150 toward shipbuilding under the “Make American Shipbuilding Great...
Read MoreCopper Tariff Announcement Shakes Markets Ahead of August 1 Implementation
July 31, 2025.
Trade Publications
The U.S. copper market experienced dramatic swings this week following President Trump’s announcement of a 50% tariff on semi-finished copper products and copper-intensive goods (e.g., cables, connectors, electrical components), effective August 1. To view the list of Copper HTSUS: Click here. While the tariff excludes refined copper...
Read MoreCanadian Surtax Updates
July 29, 2025.
Logistics Publications, Trade Publications
Amidst the uncertainty of these interesting times, it can be a challenge to keep up to date with various tariffs, retaliatory measures and surtaxes. Thankfully, the Canadian Department of Finance has kept its latest update, regarding the Tariff Rate Quotas applied to steel, short and sweet. The Canadian Government is...
Read MoreU.S. and E.U. Reach Trade Agreement Framework
July 29, 2025.
Logistics Publications, Trade Publications
The U.S. and the E.U. have reached a trade agreement that sets a 15% U.S. tariff on most European goods, averting a potential trade conflict between two of the world’s largest economic partners. The agreement, announced after weeks of intensive negotiations, establishes a framework intended to...
Read MoreU.S. – Philippines Trade Agreement Finalized
July 24, 2025.
Trade Publications
The U.S. and the Philippines have finalized a comprehensive trade agreement that strengthens economic ties and advances defense collaboration between the two allies. The deal reflects a shift in regional strategy as both nations look to reinforce cooperation amid growing geopolitical tensions in the Indo-Pacific. The main terms of...
Read MoreU.S. – Japan Strike High-Stakes Trade Agreement Ahead of Tariff Deadline
July 23, 2025.
Trade Publications
On Tuesday evening, the U.S. and Japan finalized a sweeping new trade agreement, averting a 25% blanket tariff that was set to take effect on August 1. Announced by President Trump and confirmed by Japanese Prime Minister Shigeru Ishiba, the deal represents a major breakthrough in the on-going negotiations of the...
Read MoreIndonesia Lands U.S. Trade Win While Courting the EU
July 17, 2025.
Logistics Publications, Trade Publications
Indonesia Secures a Trade Agreement with the U.S. In a deal announced by President Trump and confirmed by Indonesian President Prabowo Subianto, the U.S. has agreed to reduce its tariff on Indonesian goods from 32% to 19%. In exchange, Indonesia committed to a range of major purchases from the U...
Read MoreTrump Announces 30% Tariff on E.U. and Mexico
July 14, 2025.
Logistics Publications, Trade Publications
On July 12, President Donald J. Trump announced via social media that the United States will impose a 30% tariff on goods imported from the European Union (E.U.) and Mexico, effective August 1. If implemented, the new rate will replace the existing IEEPA reciprocal tariffs of 10% for the E.U. and 25% for...
Read MoreDOJ Shifts Focus to Trade and Customs Fraud
July 14, 2025.
Logistics Publications, Trade Publications
The U.S. Department of Justice (DOJ) is shifting its enforcement priorities from healthcare, federal program, and procurement fraud to trade, tariff, and customs fraud committed by corporations. This change follows a Goldman Sachs report estimating that tariff evasion may have accounted for as much as $90 billion in U.S....
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