Mexico: Senate approves tariffs of up to 50% on Asian imports
Mexico’s Senate has approved tariffs of up to 50% on more than 1,400 products from countries without free trade agreements, including China, India, South Korea, Thailand, and Indonesia. The increases, effective 1 January 2026, target goods such
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UK to maintain duty-free access for Bangladeshi exports until 2029
The UK will continue to allow Bangladeshi products to enter its market duty-free until 2029, British High Commissioner to Dhaka Sarah Cook announced. She made the statement during the HSBC Export Excellence Award 2025 event on 7 December in
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Taiwan seeks reduction in US tariffs
Taiwan is seeking to lower tariffs on its exports to the US from 20% to 15%, as trade negotiations between the two sides near completion, officials said on 1 December 2025. Taiwan’s top trade negotiator, Jenni Yang, said the talks follow the
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India: Government introduces excise bills to replace GST compensation cess on ‘sin goods’
India’s government introduced two tax bills in Parliament on 1 December 2025 aimed at overhauling levies on ‘sin goods’ such as tobacco, pan masala, and other similar products ahead of next year’s phase-out of the Goods and Services Tax
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UK: Secretary of State approves anti-dumping duties on Chinese biodiesel
The UK’s Secretary of State has approved the Trade Remedies Authority’s (TRA) final recommendation to impose a new anti-dumping duty on biodiesel imports from China on 24 November 2025. This announcement was made on 25 November 2025. The
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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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Australia, Canada sign customs mutual assistance agreement
Canada Border Services Agency (CBSA) announced on 19 November 2025 that officials from Australia and Canada signed a Customs Mutual Assistance Agreement. CBSA announces Customs Mutual Assistance Agreement with Australia Strong partnerships
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Argentina, US customs agencies establish cooperation agreement
Argentina’s tax and customs agency (ARCA) has signed a cooperation agreement with US Customs and Border Protection (CBP) on 26 November 2025. The framework agreement aims to continue modernising and automating processes in bilateral trade and
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Azerbaijan, Israel conclude fourth Joint Economic Commission
The fourth session of the Joint Economic Commission between Azerbaijan and Israel was held on 20 November 2025 in Jerusalem, co-chaired by Azerbaijani Economy Minister Mikayil Jabbarov and Israeli Minister Zeev Elkin. The meeting highlighted the
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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,
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Argentina introduces export rebate refunds, lowers export duties on select oils
Argentina’s government published two key measures in the Official Gazette to support exporters and reduce trade costs. The initiatives allow accumulated export rebates and certain tax balances to be expressed in US dollars and remove export duties
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US: 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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EU Commission sets import limits on ferro-alloys to protect market
The EU Commission announced on 18 November 2025 that it has imposed three-year import quotas on steel alloys containing manganese and silicon to protect domestic producers from a surge of low-cost imports. This decision brings to a close an
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