US: USTR signals 100% additional tariffs on China contingent on Beijing’s actions
US Trade Representative Jamieson Greer stated that the planned 100% tariffs on Chinese exports, scheduled for November 1 or earlier, depend on China’s actions. US Trade Representative Jamieson Greer stated on 14 October 2025 that the
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US delays enforcement of tariff on Singaporean pharmaceutical exports
The US has delayed its planned 100% tariff on Singaporean drug exports, allowing local pharmaceutical firms to seek exemptions. The US has postponed the implementation of a 100% tariff on branded drugs exported from Singapore, initially set to
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US: Trump to impose 100% additional tariffs on Chinese imports in response to rare earth export restrictions
President Trump announced additional 100% tariffs on Chinese imports and new export controls on US software in response to China’s tightened restrictions on rare earth exports. US President Donald Trump announced on Truth Social, on 11 October
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Bangladesh approves US wheat purchase amid trade talks
Bangladesh approves 220,000 tons of US wheat to boost trade ties and diversify supplies. Bangladesh has authorised the purchase of around 220,000 metric tons of wheat from the US under a government-to-government agreement, officials said on 7
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EU Commission moves to raise tariffs to shield steel sector
The European Commission proposed halving tariff-free steel import quotas and imposing a 50% duty on excess imports to support the EU steel industry. The European Commission has proposed measures on 7 October 2025 to safeguard the EU steel sector,
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Argentina suspends export duties on aluminium, steel until December 2025
The temporary suspension of export duties will last until the end of 2025. Argentina's government has announced a temporary removal of export taxes on aluminium, steel, and related products, which went into effect on 8 October 2025. The
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US: Trump to postpone implementation of 25% tariff on trucks by one month
The tariff was initially announced as part of a broader package of import duties unveiled last month, aimed at strengthening domestic manufacturing and addressing what the administration has described as national security concerns. President
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US: Trump weighs major tariff relief to boost US auto manufacturing
The proposal aims to cut costs for major U.S. carmakers by rewarding companies that assemble vehicles domestically, supporting Trump’s job creation goals. US President Donald Trump is considering a major tariff relief plan aimed at boosting US
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Liberia introduces road fund levy on petroleum imports
All fuel imports in Liberia are now subject to a Road Fund Levy and taxes. The Commissioner of Customs issued a public notice on 17 September 2025, directing the Liberia Revenue Authority (LRA) to begin collecting the road fund levy of USD 0.30
See MoreUS: Trump imposes 10% tariff on lumber, 25% on furniture and cabinets
Trump argued that these imports were undermining the US economy by threatening domestic wood mills, disrupting supply chains, and reducing the utilisation of American wood industries. US President Donald Trump signed a presidential proclamation
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India, Uzbekistan IPA enters into force
The agreement encourages investment, ensures protection and transparency, provides mechanisms for resolving disputes, and supports a strong investment climate to strengthen economic ties between the two countries. The India–Uzbekistan
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Russia extends export duties on sunflower seeds, products until 2028
The export customs duty on sunflower seeds will remain at 50%, but not less than RUB 32,000 per tonne. For sunflower oil and sunflower meal, a “floating” export duty will continue to apply, calculated as 70% of the difference between the
See MoreWorld Bank: Analysis of Tax Data to Understand Job Creation
A World Bank blog on 16 September 2025 looked at how administrative data drawn from tax returns can reveal information about the businesses that are creating employment. The blog, written by V. Wiedemann, T. Scot, L. Zavala and L. Serrano Pajaro,
See MoreEU to impose 25–50% tariffs on Chinese steel
The move aims to protect Europe’s steel industry, which faces pressure from global overcapacity and limits on existing safeguards set to expire in mid-2026. The European Commission plans to introduce tariffs of 25% to 50% on Chinese steel and
See MoreLesotho Trade Minister: US to extend Africa trade agreement for an additional year
This trade agreement provides African nations with preferential access to US markets. Lesotho's Trade Minister, Mokhethi Shelile, said, on 24 September 2025, that the US is planning to extend the African Growth and Opportunity Act (AGOA) by one
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Kenya pursues US trade agreement, requests five-year extension to Africa pact
Kenyan President William Ruto aims to finalise a landmark trade deal with the US by the end of 2025, seeking a five-year AGOA extension to boost exports like tea, coffee, and textiles, while exploring new export sectors. Kenyan President
See MoreUS imposes 100% tariffs on branded pharmaceuticals, adds new tariffs on trucks and furniture
The Trump administration announced sweeping tariffs effective 1 October 2025, including a 100% duty on branded pharmaceuticals and 50% tariffs levied on trucks, cabinets, vanities, and 30% tariffs on upholstered furniture. President Donald
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US: Commerce Department launches tariff investigations on medical devices, robotics, machinery
The US Department of Commerce launched Section 232 investigations into imports of medical supplies, PPE, robotics, industrial machinery, and critical materials to assess domestic supply and foreign trade impacts, potentially raising tariffs. The
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