President Trump Announces U.S. Trade Deal Reached with Japan
President Trump Announces U.S. Trade Deal Reached with Japan President Trump on Tuesday evening, July 22, announced that his administration reached a “massive [trade] Deal” with Japan. According to the president’s post on Truth Social, Japan has agreed to invest $550 billion in the U.S., with 90% of the profits of those deals remaining in […]
U.S. and Indonesia Joint Statement Details Recently Reached Framework on Reciprocal Trade Deal
U.S. and Indonesia Joint Statement Details Recently Reached Framework on Reciprocal Trade Deal The Trump Administration, together with the Indonesian government, released the following fact sheet on July 22 regarding the recent framework on a reciprocal trade deal reached between the two countries. The agreement promises to “strengthen our bilateral economic relationship, which will provide […]
Customs User Fees to Increase
Customs User Fees to Increase U.S. Customs and Border Protection has adjusted the following customs user fees for fiscal year 2026, which will be required as of Oct. 1, 2025. – customs broker permit: $185.38 (up from $180.57) – express consignment carrier/centralized hub facility, per individual waybill/bill of lading: minimum $0.47 (up from $0.46) and […]
USTR Initiates Section 301 Investigation of Brazil’s ‘Unfair’ Trading Practices
USTR Initiates Section 301 Investigation of Brazil’s ‘Unfair’ Trading Practices The Office of the U.S. Trade Representative (USTR) on July 15 initiated an investigation of Brazil under Section 301 of the 1974 Trade Act. USTR said the investigation will seek to determine whether acts, policies, and practices of the Government of Brazil related to digital […]
Trump Administration Imposes Tariffs on Mexican Tomato Imports
Trump Administration Imposes Tariffs on Mexican Tomato Imports The Trump Administration on July 14 announcement the imposition of a 17% tariff on Mexican tomato imports, effectively ending a nearly three-decade old agreement between the U.S. and Mexico to monitor this trade. According to economists at the University of Arizona, the retail price at U.S. grocery […]
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 […]
Trump Administration Letters to Countries Threaten Tariffs If Trade Deals Not Reached by Aug. 1
Trump Administration Letters to Countries Threaten Tariffs If Trade Deals Not Reached by Aug. 1 President Trump on Monday, July 7, authorized letters to be sent to numerous countries, stating that if suitable trade agreements are not reached by Aug. 1, then they will be subject to additional tariffs. The White House letters follow President […]
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 […]