News
April 9, 2025
China will levy an 84% tariff on U.S. imports starting Thursday, the country’s Ministry of Finance said Wednesday. The retaliatory duty was originally set at 34%, matching the new duty the Trump administration announced for the country last week. But the U.S. responded to China’s tariff plan with 50% additional duties, which went into effect Wednesday.
April 9, 2025
President Donald Trump announced a complete pause on all the “reciprocal” tariffs that went into effect at midnight, with the exception of China.
April 8, 2025
China has until Tuesday to back down from new tariffs on U.S. imports that are currently set to go into effect on Thursday, according to Trump. China unveiled the duties following Trump’s announcement last week of 34% tariffs against the country as part of a reciprocal trade strategy, escalating the two nations’ ongoing trade war.
April 7, 2025
President Donald Trump said Sunday that he won’t back down on his sweeping tariffs on imports from most of the world unless countries even out their trade with the U.S., digging in on his plans to implement the taxes that have sent financial markets reeling, raised fears of a recession and upended the global trading system.
April 7, 2025
The National Customs Brokers and Forwarders Association of America (NCBFAA), which represents more than 1,300 Regular Member companies that provide customs brokerage services to hundreds of thousands of U.S. importers – large and small, remains at the forefront of providing pertinent regulatory and operational information to our nation’s customs brokers to ensure utmost compliance with the recently announced import tariffs by the White House.
April 7, 2025
On 24 March 2025, President Trump issued an Executive Order imposing a 25 percent tariff on all goods imported into the United States from any country that imports Venezuelan oil, whether directly or indirectly.
April 4, 2025
President Trump has declared a national emergency due to large, persistent U.S. trade deficits caused by non-reciprocal trade practices from key trading partners. The order aims to address these imbalances by imposing reciprocal tariffs.
April 4, 2025
The Donald J. Trump administration is imposing the toughest trade barriers in generations, levying new duties of at least 10% on every major trading partner. But the duties exempt many chemicals and most pharmaceuticals, semiconductors, and energy products.
April 4, 2025
The U.S. will implement a universal baseline tariff of 10%, effective April 5, along with increased tariff rates on various countries, President Donald Trump announced at the White House Wednesday.
April 2, 2025
The U.S. will implement a universal baseline tariff of 10%, effective April 5, and increased tariff rates on various countries, President Donald Trump announced at the White House Wednesday.