On July 31, 2025, President Trump declared a national emergency to issue new tariffs, raising some EU tariffs to 15%, adding a 10% tariff on other...
Modifying Reciprocal Tariffs
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Tariff Updates
Tariff Update – July 7th Announcement Recap
Overview: President Trump announced a new wave of tariff increases, closely resembling the “Liberation Day” tariffs from April 2nd. The key change...
Trump tells Japan, South Korea leaders he’s imposing 25% tariff
On Monday, President Trump issued letters threatening 25% duties on goods from Japan and South Korea, up to 40% on goods from Laos and Myanmar,...
U.S. and China agree to slash reciprocal tariffs in major step toward easing trade war
The U.S. and China agreed to a 90-day pause on most tariffs, easing tensions in their ongoing trade war and boosting...
Trump set to unveil ‘full’ US-UK trade deal, first since ‘Liberation Day’ tariffs
President Trump is set to announce a comprehensive trade deal with the UK, marking the first such agreement since his administration...
China eases tariffs on select US goods as Trump says Beijing will ‘eat’ the costs
China is quietly exempting select U.S.-made goods from its steep 125% tariffs to ease trade tensions while preserving a tough...
What’s in Trump’s move to ease US automotive tariffs
Tariff Stacking Removed: Vehicles and parts hit with the new 25% Section 232 auto tariff will no longer face an additional 25% tariff on steel,...
Trump’s autos tariff relief aimed at reshoring production to US, Lutnick says
On April 29, President Donald Trump is set to sign an order offering temporary relief from his 25% vehicle tariffs to...
Imports from China now face tariffs of up to 245%, White House says
The U.S. is imposing tariffs as high as 245% on Chinese imports due to national security concerns and China's...
Trump tariffs on China will soon bring ‘irreversible’ damage to many American businesses
President Trump’s decision to exempt Apple’s iPhone and other tech products from new China tariffs offered limited relief, as the...
China strikes back with 125% tariffs on U.S. goods as trade war intensifies
China has sharply raised tariffs on U.S. goods to 125% in retaliation for President Trump's recent tariff hikes,...
Trump temporarily drops tariffs to 10% for most countries, hits China harder with 125%
President Donald Trump announced a 90-day pause on new tariffs, reducing them to 10% for most U.S. trade partners to allow for trade negotiations....
