President Donald Trump proclaimed that semi-finished copper products and copper derivative products will be subject to a 50% tariff starting at 12:01 a.m. EDT Aug. 1.
The U.S. is imposing an additional 40% duty on certain imports from Brazil, according to a new executive order released by the White House, bringing the total tariff rate to 50%. Trump, invoking the International Emergency Economic Powers Act, said the duties are in response to policies, practices, and actions of the Brazilian government that threaten the national security, foreign policy and economy of the U.S.
The ability to buy low-value goods from outside the U.S. and avoid duties will end Aug. 29. President Donald Trump signed an executive order effecting the change, but it hasn't been published yet.
President Donald Trump said "the tariff -- straight across for automobiles, and everything else -- will be 15%," as he announced a trade deal with the EU in Scotland July 27.
President Donald Trump reached a deal with Japan, which reduces 25% tariffs on cars to 15% -- including the 2.5% MFN rate -- with no quota on imports, according to a poster shared by a White House official on X, and a clarification about the details of the car arrangement from Japan's prime minister.
President Donald Trump, speaking to reporters at the White House, said that Indonesian goods will face a 19% tariff as part of a deal he previewed on social media earlier in the day. That is much lower than the 32% he had threatened in a recent letter. He also said U.S. goods will face no tariffs in Indonesia.
President Donald Trump, in a press conference at the White House July 14, said that Russian President Vladmir Putin should have stopped fighting in Ukraine two months ago, and if he does not stop bombing Ukraine within 50 days, the U.S. will impose "secondary tariffs" of 100%.
Antidumping duties on Mexican tomatoes take effect July 14 after the Commerce Department announced its withdrawal from a 2019 agreement suspending those duties, the agency said in a pre-publication notice released that day. AD rates set in the order range from 2.81% to 273.43% -- the company-specific rates are for companies that participated in an investigation that took place in 1996 – and the “all-others” rate is 17.09%.
Canada will face a 35% tariff on Aug. 1, based on a letter posted by President Donald Trump on social media late July 10. “Goods transshipped to evade this higher Tariff will be subject to that higher Tariff,” the letter said.
Several FDA-regulated products previously exempt from partner government agency filing requirements when falling under the $800 de minimis threshold must now be reported to the FDA, “effective immediately,” CBP said in a cargo systems message issued July 9.