On July 30, 2025, the White House issued a new Presidential Proclamation imposing 50% ad valorem duties on imports of certain copper products under Section 232 of the Trade Expansion Act of 1962. These tariffs—effective August 1—apply broadly to semi-finished copper products and intensive copper derivative products from all countries, significantly expanding the reach of national security-related duties. New Guidance […]
On July 28, 2025, the U.S. Court of International Trade (CIT) denied a motion for a preliminary injunction which sought to block the end of the de minimis exception for imports from China. The decision adds another layer of complexity for importers navigating recent executive actions on trade—especially those relying on low-value shipments that previously entered the U.S. duty-free. Background […]
On July 27, 2025, the United States and European Union reached a trade agreement that imposes a 15% tariff on most EU goods entering the U.S. The agreement, finalized during a meeting at President Trump’s Turnberry golf resort in Scotland, effectively halves the previously threatened 30% tariff and helps avert a broader transatlantic trade conflict. What to expect Under the […]
The U.S. Department of Commerce has officially initiated country-wide circumvention inquiries to determine whether disposable aluminum containers, pans, trays, and lids completed in Thailand and Vietnam using Chinese-origin aluminum foil are evading the existing antidumping (AD) and countervailing duty (CVD) orders on aluminum containers from China. This action follows a petition filed by the Aluminum Foil Containers Manufacturers Association (AFCMA) […]
In a new escalation of U.S. trade policy, President Trump announced that beginning in August 2025, the United States will impose a 30% tariff on products imported from both Mexico and the European Union. The announcement came through letters sent to Mexican President Claudia Sheinbaum and European Commission President Ursula von der Leyen. The President justified the tariffs on Mexico […]
On July 9, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a new round of sanctions targeting 22 companies based in Hong Kong, the United Arab Emirates, and Turkey. Among them, 18 companies are based in Hong Kong and have been designated for allegedly facilitating the sale of Iranian oil in violation of U.S. […]
On July 7, 2025, President Trump issued an Executive Order titled “Extending the Modification of the Reciprocal Tariff Rates”, and U.S. Customs and Border Protection (CBP) has now released guidance on its implementation. This action formally extends the temporary pause on heightened, country-specific tariff rates until August 1, 2025, with one major exception: China (including Hong Kong and Macau). What […]
Overnight on July 6, 2025, President Trump issued a statement threatening additional tariffs on imports from countries that align themselves with the BRICS bloc. This statement comes just as BRICS countries have begun their annual summit in Brazil. BRICS, originally formed by Brazil, Russia, India, China, and South Africa, has in recent years expanded both its membership and its coordination […]
On July 2, 2025, President Trump announced that the United States has entered into a new trade agreement with the Socialist Republic of Vietnam. This agreement introduces significant reductions in the country-specific rate for Vietnamese goods imported into the United States while providing duty free access for U.S. exports into the Vietnamese market. According to the President’s statement, this deal […]