US Extends 10% Tariff Suspension, Announces New Country-Specific Rates

US Extends 10% Tariff Suspension, Announces New Country-Specific Rates

On July 7, 2025, the White House announced a two-part update to the United States' reciprocal tariff policy: an extension of the current 10% tariff suspension and the introduction of new, country-specific tariff rates effective August 1, 2025. The Executive Order extends the temporary suspension—originally implemented under Executive Order 14266—for most US trading partners through…

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Steel & Aluminum Derivatives: Key Invoice & Duty Guidelines

Steel & Aluminum Derivatives: Key Invoice & Duty Guidelines

What is a derivative?A derivative article is a product made from a primary material, such as auto parts, cookware, nails, or furniture. What steel or aluminum derivatives are subject to additional duties under Section 232?On February 10, 2025, the President issued Proclamation 10895 and 10896 on Adjusting Imports of Aluminum and Steel into the United…

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Trade Developments Update: Where Things Stand Mid-2025

Trade Developments Update: Where Things Stand Mid-2025

The global trade landscape has been in constant flux since the beginning of 2025. Amid a flurry of executive actions, evolving tariff structures, and high-stakes negotiations, staying informed is more important—and more difficult—than ever. Here's a breakdown of the latest developments shaping US trade policy and its key relationships. Reciprocal Tariff Suspension A major area…

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A Shift in Tariffs: New Executive Order Redefines Tariff Stacking

A Shift in Tariffs: New Executive Order Redefines Tariff Stacking

A recent Executive Order issued by the White House has realigned the application of overlapping tariff authorities, particularly those related to national security—Section 232— and the International Emergency Economic Powers Act (IEEPA). Under the revised framework, the Executive Order preserves the current treatment for auto parts. This means that if a product is subject to…

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New Executive Order Eases Tariff Burden on Certain Cumulative Tariffs

New Executive Order Eases Tariff Burden on Certain Cumulative Tariffs

On April 29, President Trump signed an Executive Order aimed at easing tariff pressures on specific duties that “stack” and resulted in cumulative tariffs that exceeded intended policy goals.  This executive order is specific to only those proclamations or executive orders specifically addressed in that notice.  It does not apply to the tariffs applied to…

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