China reportedly exempts select US imports from tariffs, discretely communicates policy to companies 

02 May, 2025

China reportedly has drafted a list of US imports that is exempted from its 125% tariffs. It’s unclear how many, or which, products are on the list because authorities have not publicly shared this information. The sources state that the

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US: Trump to reveal 2026 federal budget plan later today

02 May, 2025

US President Donald Trump is set to unveil his 2026 fiscal year budget proposal today, 2 May 2025, which will then be submitted to Congress. The federal budget release follows after Republicans in Congress’ attempt to resolve divisions over

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US: Trump’s latest executive order eases tariff impact on auto industry

30 April, 2025

US President Donald Trump signed an executive order yesterday, 29 April 2025, to ease the impact of auto tariffs, days before 25% import taxes on auto parts were set to take effect. Under the new executive order, which he signed aboard Air Force

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EU imposes tariffs on Chinese construction equipment

29 April, 2025

The European Commission announced on 29 April 2025 that it had imposed duties of up to 66.7% on imports of Chinese construction lifts. The extra duties on Chinese mobile access equipment (MAE) will range from 20.6% to 66.7%. MAE is used to

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US: Customs and Border Protection imposes new tariffs on Chinese imports

29 April, 2025

The US Customs and Border Protection (CBP) issued an amended notice on 24 April 2025 announcing additional duties on products from China and Hong Kong following President Donald Trump's Executive Orders 14256, 14259, and 14266. The notice was

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China reportedly exempts select US imports from tariffs 

28 April, 2025

China has reportedly exempted certain US imports from its 125% tariffs and is urging companies to identify essential goods that should be exempt from tariffs. However, they are yet to make any public statements regarding the matter. The Trump

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EU, US remain far from reaching a tariff agreement

28 April, 2025

The EU Economic Commissioner, Valdis Dombrovskis, stated on Friday, 25 April 2025, that the United States and the European Union still have work to do to reach a deal that avoids tariffs on each other's goods. The US has imposed 25% tariffs on EU

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US: Oregon, 11 States file lawsuit against Trump Administration over tariffs

25 April, 2025

The Oregon Attorney General has announced a multi-state lawsuit filed on 23 April 2025, challenging the Trump Administration's executive orders to raise tariffs globally without congressional approval. The case is led by Oregon Attorney General

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US: Trump warns Canada auto tariff could rise above 25%

25 April, 2025

The US 25% tariffs imposed on cars imported from Canada could be further increased, said President Donald Trump yesterday, 23 April 2025. "When I put tariffs on Canada - they're paying 25% - but that could go up, in terms of cars. All we're doing

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India to impose safeguard duty on steel to curb imports from China, South Korea, Japan

22 April, 2025

India plans to introduce a temporary 12% safeguard duty on certain steel imports to address a rise in low-cost shipments; mainly from China, South Korea, and Japan; according to a government source. The measure, recommended by the Directorate

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US: VP Vance lands in India to negotiate trade deal amid Trump’s tariff tensions

22 April, 2025

US Vice President JD Vance arrived in New Delhi, India, on Monday, 21 April 2025, for a four-day visit. During the visit, Vance met Indian Prime Minister Narendra Modi, where the two leaders planned to build on the framework for stronger

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Bangladesh to seek duty-free access for exports to US

21 April, 2025

Bangladesh plans to ask the US for duty-free access for its key exports during meetings in Washington from 21-25 April 2025, held alongside the World Bank and IMF Spring gatherings. Although the US offers zero tariffs on many products, most

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China cautions countries signing trade deals favouring the US

21 April, 2025

China has cautioned nations on Monday, 21 April 2025, that are affected by US President Donald Trump’s “reciprocal tariffs” that it will strongly oppose any party attempting to strike trade deals with the US at its expense. The warning

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Canada introduces relief for businesses hit by US tariffs

21 April, 2025

Canada’s Department of Finance has unveiled new support measures on 15 April 2025 aimed at assisting Canadian businesses impacted by tariffs imposed by both the US and Canada. The measures were announced by Minister of Finance, François-Philippe

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Brazil retaliates with economic reciprocity law against US tariffs

18 April, 2025

Brazil’s government has published and enacted Law No. 15.122 of 11 April 2025 in the Official Gazette on 14 April 2025. This legislation, also known as the “Economic Reciprocity Law, enables Brazil to impose import duties and suspend trade

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US: California sues Trump administration over tariffs

18 April, 2025

California Governor Gavin Newsom and California Attorney General Rob announced that they have filed a lawsuit in federal court, challenging the tariffs imposed by the Trump Administration on 16 April 2025. In the lawsuit, Governor Newsom and

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US: Trump administration advances plans to impose semiconductor tariffs

18 April, 2025

US President Donald Trump has moved forward with plans to impose tariffs on semiconductors and pharmaceutical products. His administration has announced investigations into the national security risks associated with importing goods such as

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US: Trump administration plans to impose 245% tariff on China 

17 April, 2025

The tariff wars between two of the world's largest economies, the US and China, show no signs of slowing down. In the latest move, the Trump Administration said that China could face tariffs as high as 245% in response to its retaliatory measures.

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