US imposes 104% tariffs on Chinese imports, China retaliates with 84%
US President Donald Trump's "reciprocal" tariffs on numerous countries, including a steep 104% duties on Chinese goods, officially took effect today, 9 April 2025. In response, China is raising its tariff on the United States to 84%, up from 34%,
See More
Canada announces new countermeasures to US tariffs
Canada’s Government has published a statement on 3 April 2025 outlining new countermeasures in response to the tariffs introduced by the US President Donald Trump on 2 April 2025. The statement claims that the United States administration
See More
China responds with additional tariffs on imports from US
China's Ministry of Finance announced the implementation of additional tariffs as a direct response to the reciprocal tariffs previously imposed by the Trump Administration on 4 April 2025. “This practice of the US is not in line with
See More
US: USTR details reciprocal tariff calculation formula
The Office of the United States Trade Representative (USTR) has released a detailed explanation outlining the methodology behind the reciprocal tariff calculations announced by President Donald Trump on 2 April 2024. This includes a 10% baseline
See More
US: Trump introduces ‘reciprocal tariffs’, rattles global trade relations
Appearing in the White House Rose Garden, where large US flags were draped along the colonnades, President Trump signed an executive order implementing a 10% baseline tariff on imports from all countries on Wednesday, 2 April 2025. The move is
See MoreUS: Trump imposes tariffs on Venezuelan oil buyers, foreign auto imports
President Donald Trump has announced plans to impose a 25% tariff on any country purchasing oil from Venezuela on 31 March 2025. The latest tariffs follow the Trump administration's implementation of tariffs under the America First Trade Policy,
See More
EU postpones response to US tariffs until mid-April 2025
EU Commissioner-Designate Maros Sefcovic announced, on 20 March 2025, to the Committee on International Trade that the EU's countermeasures against the US, in response to President Donald Trump's metals tariffs, will be postponed. The
See MoreCanada: Ontario suspends 25% power surcharge following Trump’s tariff threat
Canadian province Ontario has suspended its 25% surcharge on electricity exports to the US after talks between US Commerce Secretary Howard Lutnick and Ontario Premier Doug Ford. The talks followed after President Donald Trump announced to raise
See MoreUS: Trump orders lumber import probe and boost domestic production, raising concerns on potential tariffsÂ
US President Donald Trump has issued two executive orders concerning the timber industry on 1 March 2025. The first executive order aims to boost domestic production, and the second investigates the impact of imported timber on US security and
See MoreCanada retaliates against US tariffs with multi-level countermeasures
Canada’s federal government has announced a detailed tariff package, which includes a comprehensive list of US products that will now face a 25% tariff, effective 4 March 2025, in response to the recent US tariffs on imports of Canadian
See MoreUS: Trump halts tariffs on USMCA products
US President Donald Trump signed executive orders halting the recently imposed tariffs on imports from Canada and Mexico covered under the United States-Mexico-Canada Agreement (USMCA) yesterday, on 6 March 2025. The USMCA allows goods to move
See MoreUS: Trump exempts automakers from Mexican, Canadian tariffs for a month
According to the White House, on 5 March 2025, US President Donald Trump has decided to exempt automakers from his 25% tariffs on Canada and Mexico for one month if they follow existing free trade rules. Following discussions with the three
See MoreChina retaliates with new tariffs, export restrictions, import ban on select US products
China's Ministry of Finance has released Tax Commission Announcement No. 2 of 2025 on 4 March detailing the implementation of additional tariffs on select US products. The additional measures include a 15% tariff on US imports of chicken, wheat,
See MoreUS raises tariffs on Chinese goods
US President Donald Trump signed an Executive Order on 3 March 2025, increasing tariffs on Chinese products from 10% to 20%. The order amends previous actions targeting the synthetic opioid supply chain and cites China's insufficient efforts to curb
See MoreCanada retaliates with 25% tariffs on US products
In a retaliatory move, Canada’s Prime Minister Justin Trudeau, in a statement and a post on X, announced that Canada will implement 25% tariffs on CAD 155 billion of American products. This follows after US President Donald Trump’s new 25%
See MoreUS: Trump’s tariffs enters into force, Canada and China announces retaliationÂ
US President Donald Trump’s new 25% tariffs on imports from Canada and Mexico, and 20% tariffs on Chinese imports entered into force today, 4 March 2025, raising fears of trade conflicts with the top three US trading partners. In response,
See MoreWTO Working Paper: Evolution of Preferential Trade Under Regional Trade Agreements
A WTO working paper of 7 February 2025, written by Rohini Acharya and Thakur Parajuli has the title The Evolution of Preferential Trade Under Regional Trade Agreements: Has Anything Changed? The paper looks at the question of whether the share of
See More
Nigeria approves 50% telecom tariff increase
The Nigerian Communications Commission (NCC) has approved a 50% increase in telecommunication service tariffs on 20 January 2025. The tariff hike, capped at a maximum of 50% of current tariffs, is a response to the telecommunication operators,
See More