News
May 23, 2025
President Donald Trump is recommending the implementation of a 50% tariff on imports from the European Union starting June 1, he announced Friday.
May 22, 2025
A reduction in U.S. tariffs on China-made goods has generated optimism among direct-to-consumer shippers, but there’s still plenty of work ahead for their supply chains to adjust to evolving trade rules.
May 20, 2025
Since the ‘Liberation Day’ announcement, when Trump announced ‘reciprocal’ tariffs on individual countries that were meant to be applied on 9 April, Trump and his administration implemented a 90-day pause and have applied a standard rate of 10% to almost all countries importing goods to the US.
May 19, 2025
The European economy will grow more slowly than previously expected this year and next as higher U.S. tariffs hit exports, while inflation will cool more rapidly, the European Union’s economists said Monday.
May 16, 2025
President Donald Trump on Friday said the U.S. would begin unilaterally informing many of its trading partners of new tariff rates, acknowledging for the first time that his administration will be unable to negotiate deals to lower tariffs with more than 50 trading partners by a self-imposed early July deadline.
May 15, 2025
An updated summary of the IEEPA tariffs that were announced on February 1, 2025, and went into effect on February 4, 2025.
May 14, 2025
The tariff on small packages worth up to $800 (£606) have been cut from 120% to 54%, according to a White House statement.
May 13, 2025
The European Commission is preparing to launch countermeasures against a wide range of U.S. industrial and agricultural products if ongoing tariff negotiations fail to remove U.S. levies and produce a deal beneficial to both parties, the commission said in a May 7 press release.
May 12, 2025
The U.S. and China on Monday agreed to suspend most tariffs on each other’s goods in a move that shows a thawing of trade tensions between the world’s two largest economies.
May 9, 2025
President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to deescalate the trade war between the world’s two largest economies.