US removes tariffs on New Zealand agricultural products
The US has removed tariffs on more than USD 2 billion of New Zealand exports, including beef and kiwifruit, Trade Minister Todd McClay said. The move follows an executive order by President Donald Trump reversing previous import duties. Rising US
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Trump administration lifts tariffs on Peruvian agricultural products
Peru’s Foreign Trade and Tourism Minister, Teresa Mera, announced that the US has exempted more than 100 Peruvian agricultural products from tariffs. The move is part of a broader rollback under President Donald Trump, which removed tariffs on
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US: Trade deals with several countries pledge to avoid discriminatory treatment of US digital goods, services
The Trump Administration's trade framework agreements, announced this week by the White House, include commitments from Argentina (signed 13 November 2025), Ecuador (signed 13 November 2025), El Salvador (signed 13 November 2025), Guatemala (signed
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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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Thailand, US to continue trade talks despite border clashes with Cambodia
Thailand will continue trade talks with the US independently of its border dispute with Cambodia, the government said after Prime Minister Anutin Charnvirakul spoke with President Trump on Friday, 14 November 2025. The decision came after
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US hopes to finalise rare earths agreement with China by Thanksgiving
US Treasury Secretary Scott Bessent expressed optimism on 16 November 2025 that a trade deal on rare earths between the US and China could be finalised by Thanksgiving. Bessent’s remarks came after a framework agreement reached last month,
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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
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ECB: 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
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US: 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
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China eases export controls on select materials to US
China’s Ministry of Commerce (MOFCOM) announced on Sunday, 9 November 2025, that it will temporarily suspend part of its 2024 export-control rules on certain dual-use materials shipped to the US. The change, effective from 9 November 2025 to 27
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China allows civilian use of Nexperia chips despite export restrictions
China announced exemptions to its export controls on Nexperia chips for civilian applications on 9 November 2025, aiming to ease the global auto industry's supply chain issues. Nexperia, a Netherlands-based chipmaker owned by China's Wingtech,
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Uzbekistan agree on trade deal with the US
The US and Uzbekistan agreed on a trade and economic deal on 7 November 2025. President Donald Trump announced on Truth Social that Uzbekistan intends to invest and purchase approximately USD 35 billion from U.S. sectors over the next three
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US: 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
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US: 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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