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Trump says any country that purchases oil from Venezuela will have to pay 25% tariff on trade with U.S.

Mar 24, 2025 | Tariff Updates

President Trump announced that starting April 2nd, any country buying oil and gas from Venezuela will face a 25% tariff on trade with the U.S.

After the announcement, U.S. crude rose by 1.13% to $69.05 per barrel, and Brent increased by 1.01% to $72.89.

Trump accused Venezuela of sending members of the Tren de Aragua gang, which the Trump administration designates as a foreign terrorist organization.

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Imports from China now face tariffs of up to 245%, White House says

by | April 17, 2025 | Tariff Updates | 0 Comments

The U.S. is imposing tariffs as high as 245% on Chinese imports due to national security concerns and China's retaliatory actions, including rare earth export restrictions. These tariffs include a 125% reciprocal...
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Trump tariffs on China will soon bring ‘irreversible’ damage to many American businesses

by | April 15, 2025 | Tariff Updates | 0 Comments

President Trump’s decision to exempt Apple’s iPhone and other tech products from new China tariffs offered limited relief, as the broader U.S. economy, especially small businesses, faces growing strain from a sweeping 145% tariff...
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China strikes back with 125% tariffs on U.S. goods as trade war intensifies

by | April 11, 2025 | Tariff Updates | 0 Comments

China has sharply raised tariffs on U.S. goods to 125% in retaliation for President Trump's recent tariff hikes, which now bring the total U.S. tariff rate on Chinese imports to 145%. Beijing criticized...
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Trump temporarily drops tariffs to 10% for most countries, hits China harder with 125%

by | April 9, 2025 | Tariff Updates | 0 Comments

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. He also raised tariffs on Chinese imports to 125%, citing disrespect towards global markets. Following the announcement,...
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Trump’s reciprocal tariffs plan kicks in; China vows again to impose countermeasures

by | April 9, 2025 | Tariff Updates | 0 Comments

President Donald Trump's tariffs are now in effect, including a projected 104% tariff on imports from China. On Tuesday, U.S. Customs and Border Protection announced that it was ready to start collecting country-specific tariffs from 86 trading partners at 12:01 a.m....
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Tariff Update – April 3

by | April 3, 2025 | Future in Logistics | 0 Comments

April 3rd: Section 232 tariffs apply to all imported passenger vehicles and light trucks as classified below - 22.01, 8703.23.01, 8703.24.01 31.01, 8703.32.01, 8703.33.01 40.00, 8703.50.00, 8703.60.00 70.00, 8703.80.00, 8703.90.01 21.01, 8704.31.01, 8704.41.00 51.00,...
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Trump to impose tariffs of at least 10%, higher reciprocal rates for some countries

by | April 2, 2025 | Future in Logistics | 0 Comments

President Trump announced that the U.S. will impose a minimum baseline 10% tariff on all imported goods and higher "reciprocal" tariffs on countries that impose tariffs on U.S. exports. These tariffs, set to take...
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Trump Tariff Updates

by | April 1, 2025 | Tariff Updates | 0 Comments

President Trump is due to hold an event in the White House Rose Garden on Wednesday, April 2nd at 4 p.m. ET. to announce his plans for reciprocal tariffs on countries around the world.  These tariffs are expected to be applied to every country that taxes U.S. imports,...
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Trump slaps 25% tariffs on auto imports, warns EU and Canada will face ‘far larger’ levies if they ally

by | April 1, 2025 | Tariff Updates | 0 Comments

President Trump is reshaping US trade policy with new tariffs, including a 25% levy on foreign-made vehicles starting April 2. While he has promised the tariffs will be "fair," Trump warned...
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Mexico and Canada

by | March 7, 2025 | Tariff Updates | 0 Comments

Sandler, Travis & Rosenberg, P.A. (ST&R) reports that the President has amended the IEEPA tariffs on Mexico and Canada. Key points are: For Mexico and Canada: The new tariffs are effective from 12:01 a.m. ET, March 7. Goods from Mexico or Canada qualifying for...
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