📰 Tariff Newsletter
Latest news and updates on US trade tariffs and import regulations.
US and China agree to slash tariffs as trade war eases - BBC
In a significant development signaling a potential de-escalation of the ongoing trade dispute, the United States and China have reportedly agreed to roll back existing tariffs on each other's goods. This agreement is part of a "phase one" trade deal, as confirmed by China's commerce ministry spokesman Gao Feng and corroborated by White House economic adviser Larry Kudlow, who stated the US was "getting close" to such…
Stocks soar after U.S. and China agree to temporarily slash tariffs - NPR
The United States and China have reportedly agreed to a temporary rollback of some tariffs as part of a "phase one" trade deal. This development was initially announced by China's Commerce Ministry spokesman, Gao Feng, and subsequently confirmed by the U.S. White House economic adviser, Larry Kudlow, who indicated that the U.S. is "getting close" to finalizing an agreement. The agreement, as described, involves both …
What's in China-US trade deal? Tariff cuts and key details - Reuters
A recent Reuters report, titled "What's in China-US trade deal? Tariff cuts and key details," indicates that a trade agreement has been reached between China and the United States. While specific details of the agreement are still emerging, the report highlights that it includes provisions for tariff cuts. This development is significant for the global trade landscape, particularly for businesses involved in U.S.-Chi…
Global stocks rally after US, China pause tariff war, but uncertainty remains - Reuters
Global markets have reportedly experienced a rally following a significant development in the trade relationship between the United States and China: a pause in their ongoing tariff war. This temporary de-escalation, as reported by Reuters, has brought a moment of relief to international trade, though underlying uncertainties persist. This pause directly impacts a wide array of stakeholders, particularly importers, c…
U.S., China agree to lower most tariffs for 90 days amid trade talks - The Washington Post
The United States and China have reportedly reached an agreement to lower most tariffs for a temporary period of 90 days. This development emerges amidst ongoing trade talks between the two economic powers. While the agreement signals a potential, albeit brief, reprieve for businesses engaged in U.S.-China trade, specific details regarding the tariffs affected and the exact timeline remain to be officially announced.…
Tracking the money Trump's tariffs are bringing in - Politico
Tariffs imposed during the Trump administration continue to be a significant source of revenue for the U.S. government, generating substantial funds that flow directly into the U.S. Treasury. This ongoing collection highlights the lasting impact of trade policies initiated several years ago, particularly the Section 301 tariffs on goods from China and the Section 232 tariffs on steel and aluminum imports. Despite ini…
United States Seeks Mexico’s Review of Alleged Denial of Workers’ Rights at Amphenol Optimize México, S.A. de C.V.
On May 9, 2025 , the United States formally requested that Mexico review an alleged denial of workers' rights at Amphenol Optimize México, S.A. de C.V. This action was initiated under the labor provisions of the United States-Mexico-Canada Agreement (USMCA), specifically utilizing the Rapid Response Labor Mechanism (RRLM). This development directly impacts Amphenol Optimize México, S.A. de C.V., and its workforce, as…
Roaring tariffs: The global impact of the 2025 US trade war - CEPR
A recent analysis titled "Roaring tariffs: The global impact of the 2025 US trade war," published by CEPR on May 6, 2025 , highlights the potential for significant disruptions to global trade. The article discusses a projected US trade war set to commence in 2025 , emphasizing the widespread implications of such an event. While specific details regarding the triggers or initial actions of this projected trade war are…
Death of foreign trade zones? - Clark Hill
On May 5, 2025 , the legal firm Clark Hill published an article titled "Death of foreign trade zones?," raising a significant question for the import and trade compliance community regarding the future landscape of Foreign Trade Zones (FTZs). While the summary provided does not delve into the specifics of the article's content, the provocative title itself signals a potential re-evaluation or challenge to the long-st…