Australia anticipates export boost as Trump maintains 10% US tariff rate

01 August, 2025

Australia expects a boost in exports to the US following President Trump's decision to keep a 10% minimum tariff. Australia’s Trade Minister Don Farrell said Australian products may become more competitive in the US market, aiding export

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US: Trump raises tariff on Canada to 35%

01 August, 2025

Goods transshipped to evade the 35% tariff will be subject, instead, to a transshipment tariff of 40%. US President Donald Trump signed an executive order on 31 August 2025, raising tariffs on Canadian goods from 25% to 35% for products not

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US: Trump administration imposes 10%–41% reciprocal tariffs on multiple countries

01 August, 2025

The development follows Trump’s warning that countries failing to reach a trade deal with the US by 1 August would face higher export tariffs. US President Donald Trump signed an executive order on 31 July 2025, imposing high tariffs on exports

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US announces 25% tariff on India, cites trade barriers and Russian ties

31 July, 2025

The new tariffs will enter into force on 1 August 2025.  The Trump Administration will impose 25% tariffs on Indian imports, citing India's high tariffs, trade barriers and ongoing defence and energy ties with Russia. US President Donald Trump

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US: Trump to set 15% tariff on South Korean imports under new trade deal

31 July, 2025

President Trump announced a reduced 15% tariff on South Korean imports, down from a planned 25%, as part of a new trade deal. US President Donald Trump announced a reduced 15% tariff on imports from South Korea on 30 July 2025, down from the

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US: Trump administration imposes 50% tariffs on Brazilian imports

31 July, 2025

The new tariffs will take effect on 6 August 2025.  US President Donald Trump imposed 50% tariffs on most Brazilian imports on 30 July 2025. However, key sectors like aircraft, energy, orange juice, pig iron, and fertilisers will be

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US, EU finalise trade agreement featuring 15% tariff on imports

28 July, 2025

The trade deal imposes a 15% tariff on most EU imports and zero tariffs on key strategic goods, including aircraft, certain chemicals, generic drugs, semiconductors, and raw materials.  US President Donald Trump and European Commission President

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Malaysia aims to secure the lowest possible tariff rates in ongoing US trade negotiations 

25 July, 2025

Malaysia is at risk of a 25% tariff on its goods unless it secures an agreement with the US by 1 August.  Malaysia’s Investment, Trade, and Industry Minister Tengku Zafrul Aziz stated that Malaysia is negotiating with the US to secure the

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US reduces tariffs on Japanese auto imports to 15% in new trade deal

24 July, 2025

The US and Japan struck a trade deal, which lowers tariffs on Japanese auto imports to 15%. In return, Japan committed to a USD 550 billion investment in the US, including Boeing planes, defence spending, and increased agricultural and rice

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US to possibly settle for 15% tariffs on EU imports

24 July, 2025

The EU and the US are reportedly nearing a trade agreement to impose a 15% tariff on EU goods imported into the US.  According to EU diplomats, the EU and the US are moving towards a trade agreement that would impose a 15% tariff on EU goods

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Indonesia to reduce tariffs, ease trade barriers in US trade deal

23 July, 2025

Indonesia and the US have reached a trade agreement that eliminates tariffs on over 99% of US goods and reduces non-tariff barriers. In return, the US lowered tariffs on Indonesian products to 19%, alongside significant purchases of US jets, energy,

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Bangladesh sends position paper to US, seeks tariff relief in final round of negotiations 

23 July, 2025

Commerce ministry seeks to launch final round of tariff talks from 26 July; seeks 5–10-year transition period for labour and environmental reforms. Bangladesh formally submitted its position paper to the Office of the United States Trade

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Indonesia: Chief Economic Minister says 19% US tariff may take effect before 1 August

22 July, 2025

Trump imposed a 19% tariff on Indonesian goods as part of a new trade agreement, effective 1 August Indonesia's Chief Economic Minister, Airlangga Hartarto, announced on 21 July 2025 that the 19% tariff on Indonesian goods entering the US could

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Canada expands steel quotas, imposes surtax on Chinese imports amid rising global tariffs

21 July, 2025

Canada is implementing various trade defences, which include a CAD 1 billion investment in the industry, CAD 70 million in worker retraining, enhanced financing, tightened procurement, and the launch of a CAD 500 million fund to support the

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EU halts retaliatory tariffs on US imports until 6 August ‘25

17 July, 2025

This follows EU's warning on 14 July 2025 that it may implement countermeasures if ongoing trade negotiations with the US fail to prevent the imposition of 30% tariffs scheduled to begin on 1 August. The European Union has decided to halt the

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US: Trump imposes 19% tariff on Indonesia after trade talks

16 July, 2025

The trade agreement imposes stricter penalties for transhipment and Indonesia’s commitment to purchasing 50 Boeing jets and USD 19.5 billion in US energy and agricultural products. US President Donald Trump announced a 19% tariff on Indonesian

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US imposes 17% tariff on Mexico tomato imports

15 July, 2025

The 17% duty on Mexican tomatoes was imposed after the US withdrew from a 2019 agreement that suspended an antidumping investigation on Mexican tomatoes.  The Trump administration announced a 17% duty on Mexican fresh tomato imports on 14 July

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US: Trump to impose higher tariffs on major trading partners including Canada, EU, Mexico starting August ’25

14 July, 2025

Trump announced 35% tariffs on Canadian imports, 30% on imports from Mexico and the EU, and 20% to 50% tariffs on 23 other trading partners, including Japan and Brazil. US President Donald Trump announced a 35% tariff on Canadian imports and

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