Tariff Update

Tariff Updates

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  • Expanded global trade and tariff update as of May 23rd, 2025, covering major trade agreements, tariff changes, economic impacts, and global responses.

    United States: Tariff Adjustments & Trade Negotiations U.S.-China Tariff Truce Trump Administration’s Reciprocal Tariff Policy U.S.-UK Trade Agreement European Union: Trade Deals & Tariff Adjustments EU’s Trade Proposal to the U.S. EU’s Response to U.S. Tariffs Asia-Pacific: Japan & China’s Trade Stance Japan’s Firm Stance on U.S. Tariffs China’s Trade Strategy Canada & Mexico: Trade…

  • Major Trade Deals May 22nd 2025

    Kenya & U.S. Trade Agreement Uncertainty Kenya is facing concerns over the potential expiration of its duty-free trade agreement with the U.S. under the African Growth and Opportunity Act (AGOA). This agreement, which has been in place for 25 years, allows Kenyan exports—such as textiles, agricultural products, and handicrafts—to enter the U.S. market without tariffs.…

  • Global tariff update as of May 22nd, 2025

    U.S.-China Trade Talks & Tariff Adjustments China’s Response to U.S. Tariffs Impact on Global Markets Automotive Tariffs & Industry Impact New Exemptions & Adjustments Industry Responses Potential Consumer Effects Consumer Price Increases Across Key Industries Household Goods & Electronics Retail & Ecommerce Global Trade Responses & Retaliation Canada’s Countermeasure Tariffs European Union & Mexico’s Response…

  • The Global History of Tariffs and Trade Agreements

    Introduction: Why Tariffs Matter Tariffs—taxes on imported goods—have shaped economies for centuries. They influence economic growth, protect domestic industries, and impact diplomacy. Some nations use high tariffs to shield local businesses, while others advocate free trade, believing that open markets drive innovation and prosperity. Throughout history, nations have shifted between protectionism and free trade, depending…

  • Step Back and See the before and After May 20th 2025

    I wanted to start this short week with comparing new tariffs vs. old tariffs for May 20, 2025, across multiple countries, including the exporting country: For anything not listed here please contact us and we can add an or send to you. Importing Country Exporting Country Product Category Old Tariff (Before May 20, 2025) New…

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    Tariff Updates