US maintains tariff exemptions on select Chinese industrial products
The US has announced a one-year extension of tariff exemptions on certain Chinese industrial and medical goods, including equipment used to produce solar-energy products, following a recent US-China trade agreement. These exemptions, originally
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US, UK strike agreement for tariff free pharmaceuticals
The US and the UK reached an agreement on 1 December 2025 that eliminates tariffs on British pharmaceutical products and medical technology. In exchange, the UK has committed to increasing its spending on medicines and reforming how it determines
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US reduces tariffs on Korea (Rep.) vehicles to 15%
The US will reduce import duties on Korea (Rep.) automobiles to 15%, retroactive to 1 November, aligning with the tariffs applied to Japan and the EU, Commerce Secretary Howard Lutnick announced on 2 December 2025. The measure follows last
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Taiwan: MoF imposes anti-dumping duties on Chinese beer, steel
Taiwan’s Ministry of Finance (MoF) announced on 27 November 2025 that it will impose anti-dumping duties on beer and certain hot-rolled flat steel products imported from China. The duties, retroactive to 3 July 2025, will remain in effect for five
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Argentina expands use of signed document as customs guarantee across import, export regimes
The Argentine government has issued a decree extending the use of a signed document as a valid guarantee for both import and export procedures, including definitive and suspensive regimes. The measure, effective upon publication in the Official
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India considers extending steel import duty
India is considering extending an import tariff on certain steel products to address cheaper imports, mainly from China, Reuters reported. The move follows concerns that low-priced inflows are impacting domestic producers. In its final findings
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US: Trump postpones tariffs on Brazil beef, coffee
US President Donald Trump lifted the 40% tariffs on Brazilian food products, including beef, coffee, cocoa, and fruits, on 20 November 2025, which were imposed in July in response to Brazil’s legal actions against former President Jair Bolsonaro,
See MoreUS: Trump semiconductor tariff policy plan most likely deferred, sources say
Several Trump administration officials are reconsidering the timing of the long-promised semiconductor tariffs, with people familiar with internal discussions indicating that officials have recently begun signalling a slower, more cautious rollout,
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US: Trump Administration reduces tariffs on Switzerland imports
The US and Switzerland, joined by Liechtenstein, have released a joint statement on 14 November 2025 regarding a major trade framework aimed at boosting investment and reducing tariffs. Under the deal, US tariffs on Swiss goods will drop from 39%
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US: Trump Administration to lift import tariffs on Argentina, Ecuador, Guatemala, El Salvador
US President Trump signed an executive order on 14 November 2025, excluding certain agricultural products and some fertilisers from reciprocal tariffs. Affected items include coffee, tea, tropical fruits and juices, cocoa, spices, bananas, oranges,
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EU: ECOFIN ends duty-free entry for imports below EUR 150
The EU’s Economic and Financial Affairs Council (ECOFIN) agreed to end the exemption for goods under EUR 150 from customs duties on 13 November 2025. ECOFIN noted that such small parcels, especially from China, have led to unfair competition
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US, South Korea (Rep.) release fact sheet of trade deal
US President Donald Trump and Korea (Rep.) President Lee Jae Myung released a joint fact sheet regarding the signed trade and investment agreement between the two countries on 13 November 2025. The US and Korea (Rep.) signed a major trade
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Australia welcomes US beef tariff rollback, calls for full trade reciprocity
Australia welcomed US President Donald Trump’s removal of tariffs on beef and other food products, while urging the US to eliminate all tariffs on Australian goods. However, Australian Prime Minister Anthony Albanese emphasised the
See MoreECB: China began flooding European markets before US tariffs
The European Central Bank (ECB) reported, on 11 November 2025, that China’s surge of low-priced exports to Europe is driven more by weak domestic demand than by US tariffs. According to the ECB, the trend began around 2021, when a slowdown in
See MoreUS: Trump administration working on reducing tariffs on Swiss imports
The US is in discussions with Switzerland to reduce the 39% tariff imposed on Swiss exports, President Donald Trump announced on 10 November 2025, although no final agreement has been reached. The high tariffs, introduced in August as part of
See MoreUS: Supreme Court scrutinises Trump’s global tariffs in high-stakes legal battle
The US Supreme Court is currently examining the legality of sweeping tariffs imposed by President Donald Trump as of 5 November 2025, a case that represents a significant test of presidential power and carries major implications for the global
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China eases tariffs on select US agricultural products
China announced plans today, 5 October 2025, to suspend some of the retaliatory tariffs it imposed on US imports, following a recent meeting between the leaders of the two nations. Starting 10 November, China will lift duties of up to 15% on
See MoreUS: Trump administration releases factsheet on US-China trade deal
The Trump Administration released a fact sheet detailing the trade agreement reached between the US and China on 30 October 2025, on 1 November 2025. This follows the announcement by US Treasury Secretary Scott Bessent on 26 October 2025 that the
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