Tariff

China and the United States struck a wide-ranging preliminary trade agreement covering tariffs, agriculture, rare earths and a 200-aircraft Boeing deal, following high-level talks in Seoul and Beijing.

Thousands of U.S. companies await Trump-era tariff refunds, but CBP's slow system and legal hurdles could delay payments for months, costing taxpayers billions in interest.

A U.S. court has ordered refunds of $166 billion in IEEPA tariffs, affecting over 330,000 importers. U.S. Customs says an automated refund system could launch within 45 days, with payments starting as early as late April.

U.S. International Trade Court orders the Trump administration to refund over $130 billion in invalidated global tariffs. Major companies including Costco, FedEx, and Pandora are seeking reimbursement.

After the Supreme Court invalidated IEEPA-based tariffs, the US replaced reciprocal and fentanyl duties with a temporary 10% Section 122 surcharge on all imports, reshaping global trade deals.

The U.S. Department of Commerce sets preliminary countervailing duties up to 143.3% on solar imports from India, Indonesia and Laos, intensifying trade tensions in the global photovoltaic market.

The Trump administration is weighing new Section 232 national security tariff probes targeting six industries, separate from the recently announced 15% global tariff plan.

The United States and Bangladesh signed a Reciprocal Trade Agreement on February 9, 2026, lowering U.S. tariffs on Bangladeshi exports to 19% and expanding bilateral market access.

President Trump announced a tariff hike on key South Korean imports from 15% to 25%, citing Seoul’s failure to ratify a 2025 trade agreement covering autos, lumber and pharmaceuticals.

India plans to reduce import tariffs on European cars from 110% to 40%, marking a significant opening of its automotive market. This move is part of an upcoming EU-India free trade agreement, boosting bilateral trade.

The US will levy a 25% tariff on certain advanced semiconductor imports from January 15, citing national security, while temporarily suspending new duties on critical minerals amid supply chain talks.

Amazon is pushing suppliers, especially those sourcing from China, to cut prices by up to 30% to offset potential tariff costs and protect margins ahead of a key US Supreme Court ruling.

As Europe's farmers struggle with soaring fertiliser costs, the EU has moved to temporarily halt carbon and import tariffs, offering urgent relief ahead of CBAM's full launch in 2026.

President Donald Trump has delayed planned Section 232 tariff hikes on furniture and cabinets until 2027, easing near-term price pressures while trade talks continue.

Facing trade turmoil and weak U.S. demand, carriers are canceling sailings at a pace not seen since the pandemic's peak.

Canadian Prime Minister Justin Trudeau suggests a potential warming in Canada-China relations, a notable shift from his earlier description of China as the 'greatest threat'.

On September 25, U.S. President Donald Trump announced that the United States will implement a new round of substantial tariffs on a broad range of imported goods effective October 1, with some tariff rates escalating to as high as 100%.

Trump Administration Launches National Security Probes into Imports of Robots, Machinery, and Medical Devices.

Indonesia and EU Seal Landmark Trade Deal, Slashing Tariffs on Vast Majority of Indonesian Exports.

The American Chemistry Council (ACC) projects a 0.4% decline in U.S. chemical production in 2024, followed by modest growth of 1.9% in 2025.

The Office of the United States Trade Representative (USTR) has announced a significant tariff increase on Chinese imports of solar wafers, polysilicon, and select tungsten products.