Trump says copper, pharmaceutical tariffs coming ‘very soon’

The stated levies, including 50% for copper, would add to the list of sector-specific tariffs the Trump administration has introduced this year.

By Philip Neuffer • July 8, 2025

Trump rolls out reciprocal tariffs for Japan, South Korea, others

The U.S. detailed the rates it will impose on imports from certain countries starting Aug. 1 in identical letters shared by the president Monday.

By Philip Neuffer • Updated 19 hours ago

US preps for August return of country-specific reciprocal tariffs

The Trump administration plans to reinstate the levies Aug. 1 after alerting individual trading partners of their specific duty rates starting Monday.

By Philip Neuffer • July 7, 2025

De minimis exemption slated to end in 2027

Commercial use of the trade tool allowing low-cost imports to avoid duties will be repealed as part of an expansive bill President Donald Trump signed on Friday.

By Max Garland • July 4, 2025

US, Vietnam reach trade deal, Trump says

Stateside imports from Vietnam will be subject to a 20% tariff under the agreement, the president announced Wednesday.

By Kelly Stroh • July 2, 2025

Trump threatens up to 35% tariffs on Japan

The president said he doesn't expect a U.S.-Japan deal before country-specific duties are reinstated next week.

By Philip Neuffer • July 2, 2025

Canada threatens further tariffs on US steel, aluminum

The exact new rate will depend on progress made towards a tariff deal with the Trump administration as of July 21.

By Philip Neuffer • June 20, 2025

US, UK implement trade deal

The two countries formally enacted previous agreements, including a 10% tariff for a quota of 100,000 U.K. car imports. 

By Philip Neuffer • Updated June 17, 2025

US steel tariffs now include refrigerators, dishwashers

The steel and aluminum content of several household appliances will be subject to 50% duties starting June 23.

By Robert Freedman , Philip Neuffer • June 16, 2025

Trump says tariff deal with China is ‘done’

The proposed agreement, pending approval from both countries, sets 55% tariffs on imports from China and a 10% rate on U.S. products, the president said Wednesday.

By Philip Neuffer • June 11, 2025

Trump’s tariffs can stay while appeal weighed, court rules

Oral arguments are tentatively set for July 31 in the case, which is centered around the president’s authority to impose sweeping duties.

By Antone Gonsalves • June 11, 2025

White House extends exclusions for Section 301 China tariffs

Exemptions to the duties installed during previous administrations will remain until Aug. 31, the Office of the U.S. Trade Representative announced last week.

By Philip Neuffer • June 5, 2025

Trump to increase steel, aluminum tariffs to 50%

The president announced the tariff hikes while touting Nippon Steel’s proposed acquisition of U.S. Steel during a rally in Pittsburgh.

By Sara Samora • Updated June 3, 2025

US court blocks Trump’s sweeping tariffs

The Court of International Trade said the president overstepped his authority, halting various duties. After an appeal, the ruling has been paused.

By Edwin Lopez • Updated May 29, 2025

Trump calls for 50% tariffs on EU

The duties are slated to take effect July 9 as the trading bloc and the U.S. reengage in trade talks, the president said.

By Philip Neuffer • Updated May 27, 2025

Commerce Department asks automakers for supply chain data for tariff evaluations

The federal agency will require submissions of information such as declared customs value of imports and country of final assembly for carmakers to qualify for reduced duty rates.

By Kelly Stroh • May 21, 2025

US signals reciprocal tariffs will return for some countries

The White House will alert countries of their specific rates in the next two to three weeks, President Donald Trump said Friday.

By Philip Neuffer • Updated May 20, 2025

Trump revives ‘most favored nation’ plan in effort to cut US drug prices

The proposal could hold substantial ramifications for drugmakers and comes as the administration reviews pharmaceutical supply chains.

By Jonathan Gardner , Ned Pagliarulo • Updated May 12, 2025

US launches Section 232 probe into aircraft industry

The Commerce Department is weighing whether sector-specific tariffs are necessary to protect national security.

By Antone Gonsalves • May 13, 2025

European Commission readies countermeasures to US tariffs

The commission is taking steps to target roughly $107 billion worth of imports if it can’t make a tariff deal with the U.S.

By Antone Gonsalves • May 13, 2025

US, China agree to reduce tariff rates for 90 days

By Wednesday, the two countries will charge 10% baseline duties during the period and remove certain retaliatory levies that pushed rates over 100%.

By Philip Neuffer • May 12, 2025

US, UK agree on framework for tariff, market access deal

Although not yet legally binding, the proposed agreement outlines the potential makeup of the Trump administration’s first trade pact since unveiling its reciprocal tariff plan in April.

By Philip Neuffer • Updated May 9, 2025

Trump orders FDA to help speed building of new drug factories

Pharma companies are looking to avoid potential tariffs by boosting U.S. manufacturing capacity, but such efforts take time.

By Jonathan Gardner • May 7, 2025

Tariffs stall P&G supply chain strategy

Procter & Gamble will take a wait-and-see approach to Trump administration tariffs before making changes to the company’s supply chains.

By Antone Gonsalves • May 6, 2025

‘We’re headed in the wrong direction’: Tariffs drive up prices, hurt output: PMI

Manufacturers pulled back on production last month as the Trump administration's volatile trade policy caused consumer confusion and a drop in demand, per the Institute for Supply Management.

By Kate Magill • May 1, 2025