Canada has announced that, starting September 1, it will drop retaliatory tariffs on most CUSMA-compliant U.S. imports, while maintaining tariffs on autos, steel, and aluminum. An official notice is pending. (22/08/2025).
United States and the European Union have issued a Joint Statement outlining a framework for an agreement on reciprocal, fair and balanced trade. (21/08/2025)
United States updated the HTS list under Section 232: Additional Steel derivative tariff inclusion products, effective August 18, 2025, according to the CBP guidance. (15/08/2025)
United States updated the HTS list under Section 232: Additional Aluminum derivative tariff inclusion products, effective August 18, 2025, according to the CBP guidance. (15/08/2025)
China, the Ministry of Commerce (MOFCOM) spokesperson announced that the suspension of measures against the 28 U.S. entities, initially announced on April 4 and April 9, will be extended for an additional 90 days (12/08/2025)
United States and China have announced a 90-day extension of the tariff suspension, extending the deadline to November 10, 2025 (12/08/25)
United States' revised reciprocal tariff rates take effect from today, pursuant to Executive Order dated July 31. Countries not listed in Annex I will be subject to a 10% rate. According to the CBP guidance, the 10% (in total 30%) reciprocal tariff on imports from China remains in effect until August 12 (07/08/2025)
United States has officially announced an additional 25% tariff on India due to its oil purchases from the Russian Federation, effective 21 days from the publication of the Executive Order dated August 6 (06/08/2025)
Switzerland is set to negotiate the recently announced 39% “reciprocal” tariff imposed on its exports to the United States. (04/08/2025)
United States announced revised rates of reciprocal tariffs, effective 7 days from the publication of the Executive Order dated July 31. Countries not mentioned in Annex I will be subject to 10%. (31/07/2025)
United States increased IEEPA duties on Canada from 25% to 35%, effective August 1, 2025. (31/07/2025)
United States announced a 90-days extension to the August 1 deadline for Mexico. (31/07/2025)
United States announced copper tariffs (50%), effective August 1, 2025. Goods subject to Section 232 duties on automobiles and automobile parts will not be subject to these tariffs. (31/07/2025)
China announced a possible extension of the 90-days pause on 24% of United States tariffs and China's countermeasures. (30/07/2025)
United States announced tariffs for the Republic of Korea (15%) as part of a broader deal. An official notice is pending. (30/07/2025)
United States announced copper tariffs (50%), effective August 1, 2025. (30/07/2025)
United States announced an additional 40% ad valorem tariff on most imports from Brazil under the IEEPA, effective seven days after the Executive Order of July 30, 2025. The duty applies in addition to existing tariffs, including reciprocal tariffs, but excludes products listed in Annex I (e.g., silicon metal, pig iron, civil aircraft, alumina, tin ore, wood pulp, precious metals, energy products, and fertilizers) and goods covered by Section 232 actions. (30/07/2025)
United States suspends duty-free De Minimis treatment for all countries, starting August 29, 2025. (30/07/2025)
United States announced tariffs for India (25%) and an additional penalty for trade with the Russian Federation. An official notice is pending. (30/07/2025)
European Union and United States sign a deal on trade and tariffs. According to the White House Fact Sheet, EU goods will be subject to 15% tariffs, including autos and auto parts, pharmaceuticals, and semiconductors. Sectoral tariffs on steel, aluminum, and copper remain at 50%. An official notice on implementation is pending. (28/07/2025)
European Union and United States sign a deal on trade and tariffs. According to EU's Press Release Statement, the agreement includes (1) a flat 15% tariff on EU exports (no stacking); (2) zero-for-zero tariffs on several strategic goods; (3) tariffs cut and a quota system for steel and aluminum; and (4) the EU will replace Russian gas and oil with significant purchases of US LNG, oil and nuclear fuels. An official notice is pending. (27/07/2025)
European Union adopted Implementing Regulation (EU) 2025/1564, establishing commercial rebalancing measures in response to U.S. safeguard actions. The regulation introduces ad valorem duties on a broad range of U.S.-origin goods—particularly as countermeasures to U.S. safeguard measures on steel, aluminium, automobiles, and cans, as well as reciprocal tariffs. These duties, set out in Annexes I–XIII, will be phased in between August 7, 2025, and February 7, 2026. In addition, the EU has prohibited the direct or indirect export of certain EU-origin products listed in Annex XIV to the U.S., effective from September 7, 2025. (25/07/2025)
United States announced tariffs for Japan (15%) as part of a broader deal. According to the White House Fact Sheet, Japan commits $550 billion through a joint investment vehicle targeting critical U.S. sectors (energy, semiconductors, critical minerals, pharmaceuticals, defense); a 15% baseline tariff is introduced on Japanese imports; U.S. gains significant market access for agriculture, energy, aerospace, and autos. An official notice on implementation is pending. (23/07/2025)
United States announced tariffs for Indonesia (19%) as part of a broader deal. According to the White House Fact Sheet, Indonesia will eliminate tariffs on over 99% of U.S. exports, remove key non-tariff barriers across sectors, liberalize digital trade, and lift export restrictions on critical minerals. An official notice on implementation is pending. (22/07/2025)
United States announced reciprocal tariffs for the Philippines (19%). An official notice is pending. (22/07/2025)
United States terminates the 2019 Suspension Agreement on Mexican fresh tomato imports and issues an antidumping duty order. Effective immediately, U.S. CBP will suspend liquidation of all covered tomato imports from Mexico and collect cash deposits at final dumping margins—ranging from 3.91% to 30.48%, with an “all-others” rate of 17.09%. (15/07/2025)
United States initiated Section 301 investigations of Brazil's unfair trade practices. (15/07/2025)
United States launched Section 232 national security investigations into imports of Unmanned Aircraft Systems (UAS) and their parts and components. (15/07/2025)
United States announced reciprocal tariffs for the EU (30%) and Mexico (30%). An official notice is still pending. (12/07/2025)
United States announced reciprocal tariffs for Brazil (50%) and Canada (35%). The countries that would not receive tariff letters could expect blanket tariffs of 15-20%. An official notice is still pending. (11/07/2025)
United States issued a second round of letters for reciprocal tariffs to 7 countries: Algeria, Brunei, Iraq, Libya, Moldova, the Philippines, and Sri Lanka. An official notice is still pending. (09/07/2025)
China included 8 entities of Chinese Taipei to its Export Control List. (09/07/2025)
United States issued a list of new reciprocal tariffs for 14 countries, to take effect on 1 August 2025. The following rates will apply: Japan (25%), Republic of Korea (25%), South Africa (30%), Kazakhstan (25%), Laos (40%), Malaysia (25%), Myanmar (40%), Tunisia (25%), Bosnia and Herzegovina (30%), Indonesia (32%), Bangladesh (35%), Serbia (35%), Cambodia (36%), and Thailand (36%). For all other trading partners, the existing 10% reciprocal tariff is extended from the 9 July deadline to 1 August 2025. The bespoke rate suspension for China, Hong Kong, and Macau is extended separately until 12 August 2025. (07/07/2025)
United States and Viet Nam agreed on a tariff deal: Viet Nam to allow duty-free U.S. imports; U.S. to impose 20% tariffs on Vietnamese goods and 40% on transshipped goods. An official notice is still pending. (02/07/2025)
United States- United Kingdom Economic Prosperity Deal establishes: (1) TRQ for 100,000 UK-origin vehicles at 10% duty (65,205 in 2025); (2) 10% duty on eligible UK parts (vs. 25% MFN); and (3) removal of tariffs on UK civil aircraft/parts. (30/06/2025)
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Russian invasion of Ukraine
Total: (Last update: July 25, 2025)
European Union adopts 18th package of trade sanctions against Russia including refined petroleum oil products ban via third countries, lowered price cap for Russian seaborne crude oil from $60 to $47.6 per barrel, and expanded export ban list with high-technology items such as computer numerical control (CNC) machines and constituent chemicals for propellants. (18/07/2025)
United Kingdom introduced a new trade sanctions package against Russia including business software restrictions, technology controls and additional export and import prohibitions. (24/04/2025)
Belarus implements an export prohibition of 253 foreign-made product categories, including household appliances, vehicles, clothing and medical clothing. (24/03/2025)
European Union adopts 16th package of sanctions against Russia, including an import quota on primary aluminium. (25/02/2025)
Japan updates export ban to 335 industrial products that contribute to strengthening the industrial base of Russia (23/01/2025
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