Tariff Update

Tariff Updates

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  • Key Tariff Changes and Business Responses May 30th 2025

    Companies across various industries have been adapting to the shifting tariff landscape in 2025, implementing strategic measures to mitigate financial impacts and maintain supply chain stability. Key Tariff Changes and Business Responses Industry-Specific Adaptations Retail & Consumer Goods Technology & Gaming Manufacturing & Logistics Startups & Investment Food & Beverage Aviation & Travel Automotive Industry…

  • U.S. Trade Court Ruling on Trump’s Tariffs & More May 29th 2025

    A three-judge panel from the U.S. Court of International Trade ruled that several of President Trump’s tariffs exceeded his authority under the International Emergency Economic Powers Act (IEEPA). The court found that the tariffs lacked identifiable limits and did not align with the threats outlined in Trump’s executive orders. As a result, the ruling blocks…

  • Global Trade Developments – May 28, 2025

    U.S.-EU Trade Negotiations Gain Momentum The European Union (EU) has agreed to fast-track trade talks with the United States following President Donald Trump’s decision to delay a planned 50% tariff on EU imports until July 9, 2025. The EU’s trade chief, Maroš Šefčovič, is leading negotiations, focusing on semiconductors, automobiles, pharmaceuticals, and aluminum to avoid…

  • The King is in!, May 27th 2025

    King Charles III’s Historic Opening of Canada’s 45th Parliament King Charles III is set to officially open Canada’s 45th Parliament, marking a rare and historic moment. It will be only the third time in Canadian history that a reigning monarch delivers the Speech from the Throne, with Queen Elizabeth II doing so in 1957 and…

  • Tariff’s and Trade Deals May 27th 2025

    U.S.-India Trade Agreement The U.S. and India have finalized a landmark trade deal, which India’s finance ministry believes will energize exports and open up new market access. The agreement is expected to flip current economic headwinds into tailwinds, potentially accelerating India’s growth toward the upper end of forecasts (6.3% to 6.8%). Key Provisions of the…

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