Trump says India will face 25% tariffs

The duty will go into effect Aug. 1, per the president, but is slightly lower than the 26% levy unveiled as part of his original country-specific tariffs announced in April.

By Philip Neuffer • Updated July 30, 2025

Tariffs to drive up trade compliance costs: Fed

Much of the new regulatory cost from higher tariffs stems from greater complexity in determining the national source of a product, according to the Federal Reserve.

By Jim Tyson • July 29, 2025

US, EU agree to lower tariffs in ‘framework’ deal

Most imports from the bloc would face a 15% tariff under the pact, U.S. President Donald Trump and European Commission President Ursula von der Leyen announced Sunday.

By Philip Neuffer • July 27, 2025

EU preps latest round of US tariff countermeasures

The European Commission plans to install duties of up to 30%, starting Aug. 7, if the bloc cannot reach a deal with the U.S. by the end of the month.

By Philip Neuffer • Updated July 25, 2025

‘Losing steam’: Economy stalls amid trade uncertainty

As tariff impacts hit, production output, hiring and inventory levels are flatlining, per Victoria Bloom, chief economist at the National Association of Manufacturers.

By Sara Samora • July 25, 2025

Why Yedi Houseware isn’t shifting sourcing amid tariffs

The SMB is raising some prices and rethinking its inventory mix instead of shifting production from China, where many of its products are made.

By Kelly Stroh • July 24, 2025

US, Philippines strike tariff deal

If finalized, the agreement would lower tariffs on imports from the Philippines to 19%, down from a 20% rate previously planned by the Trump administration.

By Kelly Stroh • July 23, 2025

US, Japan reach deal on tariffs, market access

If finalized, the agreement would place a 15% duty on imports from Japan, including for cars and auto parts.

By Philip Neuffer • Updated July 24, 2025

US, Indonesia agree to tariff deal framework

Provisions of the proposed pact include a 19% tariff on imports from Indonesia and the removal of export restrictions for critical minerals.

By Philip Neuffer • July 22, 2025

US preps 93.5% tariff on graphite from China

The Commerce Department will determine the final duty rate in December as the Trump administration promotes domestic critical mineral production.

By Philip Neuffer • July 21, 2025

US installs 17% tariff on tomatoes from Mexico

The action came after the Commerce Department ended a six-year agreement favored by U.S. distributors and importers.

By Antone Gonsalves • July 21, 2025

US Postal Service’s new CEO stands against privatization

David Steiner told employees that the agency can "justify and preserve" its independence by meeting expectations in terms of performance and finances.

By Max Garland • July 18, 2025

US officially begins Section 301 investigation of Brazil

The review, which President Donald Trump teased last week, will examine the country’s digital trade, tariff and intellectual property protection practices. 

By Philip Neuffer • July 17, 2025

All FDA-regulated de minimis imports now face agency review for entry

The change rescinds previous rules allowing sub-$800 cosmetics, TVs, dinnerware and other products to be released without FDA notification.

By Max Garland • July 17, 2025

US, Indonesia strike trade deal, Trump says

Imports from Indonesia would be subject to a 19% tariff under the agreement, a reduction from the 32% rate the president shared last week.

By Philip Neuffer • Updated July 16, 2025

EU, Canada delay retaliatory tariffs against US

Meanwhile, Brazil announced its own countermeasures while Mexico remains confident it will reach a deal by Aug. 1.

By Philip Neuffer • July 15, 2025

US plans 30% tariffs on EU, Mexico

President Donald Trump unveiled the new duty rates, set to begin Aug. 1, in separate letters shared on social media Saturday morning. 

By Max Garland , Philip Neuffer • July 12, 2025

US imposes 35% tariff on Canada imports

President Donald Trump said the duties on non-USMCA goods will take effect Aug. 1 while decrying the country’s retaliatory levies to U.S. tariffs.

By Philip Neuffer • Updated Aug. 1, 2025

Flexibility key in tariff turmoil: Toyota, Rivian execs

Executives from the two companies suggest that with fluctuating trade policies, the short-term priority for automakers should be staying the course.

By Larry Avila • July 10, 2025

US to levy 50% copper tariffs Aug. 1

President Donald Trump made the announcement days after indicating duties were coming soon for copper and pharmaceutical imports.

By Philip Neuffer • July 10, 2025

Trump orders Section 301 investigation on Brazil

The U.S. also will levy 50% tariffs on the country starting Aug. 1, the president said Wednesday.

By Philip Neuffer • July 9, 2025

Trump’s ‘One Big Beautiful Bill’ wins industry praise

Retail, manufacturing and logistics organizations commended the bill’s tax cuts, lower depreciation rates and the end of the de minimis exemption.

By Antone Gonsalves • July 9, 2025

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 mostly identical letters shared by the president.

By Philip Neuffer • Updated July 12, 2025

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