On September 29, President Trump issued a proclamation announcing new Section 232 tariffs on lumber, kitchen cabinets and vanities, and other wood products. These tariffs will take effect at 12:01 a.m. ET on October 14. According to the proclamation, the following duties will apply: 10% global tariff on imports of softwood lumber. 25% global tariff…
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UPDATED: 10/1/2025—Key trade and tariff operations are moving forward largely unaffected by the recent government funding lapse. USTR is keeping all 237 employees on staff, emphasizing its role in advising the President on tariff negotiations. Commerce will continue most export control work, with the Bureau of Industry and Security retaining the majority of its staff.…
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On Thursday night, September 25, President Trump announced via Truth Social a new set of tariffs that will take effect October 1. These measures target a range of imports, including pharmaceuticals, furniture, and heavy trucks, with the stated goal of encouraging US manufacturing and protecting domestic industries. PharmaceuticalsA 100% tariff will be placed on branded…
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Since January 20, 2025, the Trump Administration has rolled out a series of new tariff measures under multiple trade authorities, including IEEPA and Section 232. These actions cover a wide range of imports including steel, aluminum, autos, copper, and more. To help make sense of these fast-moving developments, a timeline has been published that outlines:…
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President Trump signed an Executive Order on September 4, 2025, implementing a sweeping new trade agreement with Japan. At the core of the agreement is a 15% baseline tariff on nearly all Japanese imports, including cars and auto parts, unless existing duties already meet that level. CBP's guidance clarifies that these tariffs are applied retroactively…
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The United States and European Union have announced a new framework agreement setting the stage for closer cooperation on tariffs, market access, and supply chain security. Both sides describe it as a starting point that could expand over time to cover additional areas of trade and investment. As part of the agreement, the EU intends…
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On August 15, the trade community was alerted to a significant development: more than 750 additional HTS codes have been added to the Section 232 steel and aluminum derivative list under Presidential Proclamations 10895 and 10896. These updates became effective, August 18, 2025, meaning imports of these products are now subject to higher tariffs. All…
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On August 12, 2025, the White House issued a new Executive Order extending the temporary suspension of certain ad valorem reciprocal tariffs on goods from the People’s Republic of China (PRC) until 12:01 a.m. EST on November 10, 2025. Key Changes in the New Order Suspension Extended – The additional ad valorem duties imposed under…
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Effective August 1, 2025, the US government imposed a significant 50% ad valorem tariff on all imports of semi-finished copper and intensive copper derivative products, from all countries. This action stems from a Presidential Proclamation issued July 30 under Section 232 of the Trade Expansion Act of 1962, which authorizes the President to adjust imports…
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On August 6, President Trump issued a new Executive Order under the International Emergency Economic Powers Act (IEEPA) in response to actions taken by the Government of the Russian Federation against Ukraine that impose threats to national security and foreign policy of the US. To deal with the national emergency, a new 25% tariff has been imposed on imports from India,…
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