GUIDANCE: Extending the Modification of the Reciprocal Tariff Rates

GUIDANCE: Extending the Modification of the Reciprocal Tariff Rates The purpose of this message is to provide guidance on the implementation of the Executive Order (EO), “Extending the Modification of the Reciprocal Tariff Rates” issued July 7, 2025. This EO extends the suspension of the country specific bespoke rates, except for products of China, including […]

U.S.-Vietnam Trade Deal: A Step Toward Balanced Trade

U.S.-Vietnam Trade Deal: A Step Toward Balanced Trade On July 2, 2025, President Donald Trump announced a new trade agreement with Vietnam, a pivotal move in U.S.-Vietnam economic relations. Unveiled via a Truth Social post, the deal comes just before the July 9 deadline for the expiration of a 90-day pause on steep reciprocal tariffs, […]

U.S. Tariff Updates: Trade Deals, Tensions, and Economic Impacts

U.S. Tariff Updates: Trade Deals, Tensions, and Economic Impacts As of June 27, 2025, U.S. tariff policies under President Donald Trump continue to shape global trade dynamics, with significant developments unfolding in recent days. The Trump administration has prioritized tariffs as a tool to address trade imbalances, protect domestic industries, and negotiate new agreements, but […]

U.S. Tariff and Trade Negotiations Update June 19, 2025

U.S. Tariff and Trade Negotiations Update June 19, 2025 The past week has seen significant activity in U.S. tariff and trade negotiations, with developments centered on agreements, ongoing talks, and looming deadlines. Here’s a concise overview of the key events: Economic Context and Outlook: Federal Reserve Chair Jerome Powell noted that tariffs are complicating inflation […]

President Trump Announces New U.S.-China Trade Agreement

President Trump Announces New U.S.-China Trade Agreement On June 11, 2025, President Donald J. Trump announced a new trade agreement with China, marking a significant step in addressing trade tensions between the world’s two largest economies. The deal, pending final approval from Trump and Chinese President Xi Jinping, aims to ease tariffs and secure critical […]

Understanding the New 50% Steel and Aluminum Tariffs: What Importers Need to Know

Understanding the New 50% Steel and Aluminum Tariffs: What Importers Need to Know On May 30, 2025, President Donald Trump announced that tariffs on steel and aluminum imports to the United States will double from 25% to 50%, effective June 4, 2025. This change, enacted under Section 232 of the Trade Expansion Act of 1962, […]

Trump’s Tariff Threat Looms Over EU Trade Talks

Trump’s Tariff Threat Looms Over EU Trade Talks President Donald Trump’s bold trade strategy has once again shaken global markets, with the European Union at the center of his latest tariff saga. On May 23, 2025, Trump sent shockwaves through the financial world, announcing a potential 50% tariff on all EU imports to the U.S., […]

The First Memorial Day: A Tribute in Charleston, 1865

The First Memorial Day: A Tribute in Charleston, 1865 On May 1, 1865, just weeks after the Civil War ended, a remarkable event unfolded in Charleston, South Carolina, often cited as the first Memorial Day commemoration. Hundreds of Black Charlestonians, many recently freed from slavery, gathered at a former Confederate racecourse-turned-prison where 257 Union soldiers […]