US

Chinese President Xi Jinping and US President Donald Trump met in Busan on October 30, marking a key step toward stabilizing China-US relations.

U.S. and China are set to negotiate a trade deal that could slash tariffs on certain Chinese goods by half, from 20% to 10%, as reported.

U.S. secures trade and critical minerals pacts with four Southeast Asian nations, tackling tariff and non-tariff barriers.

U.S. and Vietnam finalize trade framework agreement, marking progress toward more balanced bilateral commerce.

President Trump, following White House talks with Australian PM Albanese, unveiled significant new statements on U.S.-China trade on October 20.

Colombia recalls Ambassador Daniel García-Peña following directive from President Gustavo Petro, as announced by Foreign Minister Rosa Villavicencio.

Recently, Trump signals openness to ease tensions, while his administration quietly relaxes key tariff policies.

President Trump imposes new tariffs on imported autos and parts, citing national security under a 1962 trade law. The administration states the move aims to protect American industry.

Vietnam faces up to $25 billion in projected export losses to the U.S. due to new tariffs, positioning it as Southeast Asia's most affected economy.

On 13 October 2025 Eastern Time, US Treasury Secretary Scott Bessent stated during an interview with Fox Business that the proposed 100% tariffs on Chinese imports were not a foregone conclusion.

President Trump threatened major new tariffs on China and cast doubt on a key meeting, only to later backtrack and leave the possibility open.

President Trump announces a staggering 100% additional tariff on all Chinese imports, effective November 1, 2025. This move will push the total tariff rate to 130% or more, compounding existing duties.

President Putin stated that restoring full ties with the U.S. is in Russia's vital national interest during his address at the 22nd annual meeting of the Valdai Discussion Club.

On June 9-10 local time, Chinese Vice Premier He Lifeng, China's lead representative on economic and trade issues, held the first meeting of the China-U.S. Economic and Trade Consultation Mechanism in London with U.S. counterparts

On May 13, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) officially announced on its website the repeal of the Biden administration's AI Diffusion Rule issued in January 2025

The tariff rate will be adjusted from 34% to 10%, and the 24% additional tariff rate on the United States will be suspended within 90 days.

The 'reciprocal tariffs' on Chinese goods will be reduced to 10%, and the tax rates for 'small-value imports' will be lowered.

As needed, both sides can conduct working-level consultations on relevant economic and trade issues.

High-level China-U.S. economic and trade talks were held in Geneva, Switzerland, from May 10 to 11.

The move is intended to prevent circumvention of trade regulations through false origin declarations for goods exported to the U.S.

In response, the three countries submitted official letters to the U.S. Department of Commerce opposing the investigation.

In April 2025, the U.S. state of New Mexico passed the Per- and Poly-Fluoroalkyl Substances Protection Act

The United States has announced new anti-dumping and countervailing duties on solar products imported from Cambodia, Vietnam, Thailand, and Malaysia, following the conclusion of a year-long trade investigation.

On April 17, 2025, the Office of the United States Trade Representative (USTR) announced updates to its plan to impose fees on Chinese vessels.

On April 15, the White House announced that President Trump has signed an executive order formally launching a Section 232 investigation into critical minerals and their derivatives.

The Regulation serves as a detailed follow-up to Executive Order 14117, which was issued to prevent countries of concern from acquiring sensitive personal data of U.S. citizens and government-related information.

Spanning 397 pages, the report outlines hundreds of tariff and non-tariff barriers affecting U.S. exports, with 48 pages specifically addressing trade issues with China.

CBP also granted a grace period for in-transit goods. Shipments that were loaded and in final transport mode before 12:01 AM (ET) on April 5, 2025, and that arrive in the U.S. before May 27, 2025, are exempt from the 10% reciprocal tariff.

According to a report by Agence Ecofin, on April 2, U.S. President Donald Trump announced a new round of tariffs on imported goods from various countries.

However, in the services sector, the United States recorded a surplus of over $290 billion last year - approaching an all-time high.