Canada threatens retaliation over Trump’s 50% tariffs
Canada’s Prime Minister Mark Carney told provincial premiers on 23 July 2026 that Canada would retaliate against new US tariffs if negotiations fail. The announcement came days after US President Donald Trump imposed 50% duties on Canadian
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US: USTR announces final tariffs following Section 301 forced labour investigations
The United States Trade Representative (USTR) has announced on 23 July 2026 the final tariff measures following its Section 301 investigations into 60 countries and economies launched in March 2026 to determine whether foreign governments had taken
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China, US consulting on proposed tariff cuts
China and the US are seeking feedback from businesses and other stakeholders on proposed reciprocal tariff reduction arrangements covering about USD 30 billion in bilateral trade, China's Ministry of Commerce (MOFCOM) said on 23 July
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Italy to apply parcel levy alongside EU customs duty
Italy will apply its planned EUR 2 levy on low-value commercial parcels in addition to the European Union's customs duty, Economy Minister Giancarlo Giorgetti told parliament on 8 July 2026. Under the proposal, the Italian government will impose
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US: Trump signs aluminium tariff adjustment to spur smelter investment
US President Donald Trump has signed a new proclamation on 20 July 2026, adjusting tariffs on aluminium imports to address the gap between US demand and domestic production capacity. The administration cited aluminium as critical to the economy
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Poland: Council of Ministers approve simplified VAT rules for trade, customs
Poland’s Council of Ministers approved draft amendments to the Goods and Services Tax Act on 21 July 2026. The changes target three pain points: redundant paperwork for importers, manual customs processes, and disagreements with tax authorities
See MoreUS targets interim USMCA deals with Mexico, Canada by year-end as full overhaul slips to 2027
US Trade Representative (USTR) Jamieson Greer signalled this week that the Trump administration has abandoned hope of completing a full USMCA overhaul this year. Speaking before the Senate Finance Committee on 22 July 2026, Greer said he aimed to
See MoreUS: Trump Administration imposes zero-tariff window for generics through July 2028, then 100% and 200% tariffs
President Donald Trump announced on 21 July 2026 that generic drugs imported into the United States will enjoy a zero-tariff window through 31 July 2028, after which tariffs will accelerate sharply. Once the grace period ends, imported generics will
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US, Jordan sign reciprocal trade agreement
The Office of the United States Trade Representative (USTR) announced the signing of a reciprocal trade agreement with Jordan on 21 July 2026 and released a fact sheet outlining its key provisions. “President Trump is deepening our economic and
See MoreUS: Trump Administration set to replace expiring 10% tariff with forced-labour duties on 60 countries
US President Donald Trump is set to impose new tariffs on dozens of countries as early as this week, according to a Financial Times report published yesterday, 21 July 2026, ahead of the expiration of the temporary 10% global tariff on Friday, 24
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Singapore updates guidance on current areas of GST audits
The Inland Revenue Authority of Singapore (IRAS) updated its guidance on the Current Areas of GST Audits, introducing clearer content, improved readability and new sections explaining the actions taxpayers should take and the consequences of errors
See MoreUS: Trump Administration invokes century-old law to hit Canada with 50% tariffs
President Donald Trump announced 50% tariffs on approximately USD 20 billion of Canadian imports on 20 July 2026, marking the first use of Section 338 of the Tariff Act of 1930 in nearly a century. The action targets a wide array of
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UK tariff sees major liberalisation for India, new scrutiny on Chinese machinery
After a quiet start, the week in UK trade policy was defined by a massive mid-week surge of activity. The dominant events were a significant liberalisation for Indian agricultural goods, with hundreds of new 0% duties taking effect, and a swift
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EU tariff activity surges with fruit tariffs, food controls, new China scrutiny
This week in EU trade policy was a story of parallel streams. While the activation of over 300 pre-scheduled seasonal tariffs on fresh fruit dominated the middle of the week, regulators also signalled a new strategic focus by targeting Chinese glass
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Belgium clarifies origin proof requirements for US imports under Turnberry Agreement
Belgium’s tax authorities, SPF Finance, announced on 14 July 2026 that starting 1 July 2026, American exporters can ship into Europe at reduced or zero customs duties under the Turnberry Agreement, inked on 27 July 2025. The rules sit in
See MoreUS, Mexico to convene for third round of USMCA negotiations tomorrow
The US will meet with Mexico in Mexico City for the third bilateral negotiating round related to the Joint Review of the United States-Mexico-Canada Agreement (USMCA) on 21 July 2026, according to a release by the USTR dated 17 July 2026. This
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Brazil, Canada sign agreement on mutual administrative assistance in customs matters
Brazil and Canada held the fifth Brazil-Canada Strategic Partnership Dialogue on 14 July 2026. During the meeting, participants discussed collaboration on trade, investment, mining, energy, science and technology, defence, customs, countering
See MoreUS lawmakers push Trump administration to block solar import loophole
A bipartisan group of US lawmakers urged the Trump administration, on 16 July 2026, to clamp down on imports of partially finished solar cells—called "blue wafers"—that manufacturers use to sidestep tariffs and claim federal tax credits they're
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