Canada announced new measures to protect its steel and lumber industries, further limiting foreign steel imports through tighter tariff-rate quotas, a new 25% tariff on selected steel-derivative products, and the phase-out of temporary tariff remissions. (26/11/2025)
United States extended the 178 tariff-exclusions from China Section 301 Tariffs Related to Forced Technology Transfer Investigation (that had been scheduled to expire on 29 November 2025) until 10 November 2026, as part of the November negotiations. (26/11/2025)
India is considering extending its steel safeguard duties, which lapsed earlier this month, according to media reports. (25/11/2025)
United States announced a broad economic and defense partnership with Saudi Arabia, including civil-nuclear and critical-minerals cooperation, major defense sales, and commitments to reduce non-tariff barriers and expand U.S. market access. (18/11/2025)
United Statesmodified the scope of Executive Order 14323 of July 30, 2025 (Addressing Threats to the United States by the Government of Brazil), adding certain agricultural products to the list of exceptions. Changes take effect 13 November 2025, with updated Annexes now published. (14/11/2025).
United States announced a trade framework with Switzerland and Liechtenstein, capping cumulative reciprocal tariffs at 15% (down from the previously signaled 39%). Section 232 tariffs on pharmaceuticals and semiconductors would also be capped at 15%. (14/11/2025)
United States exempted 237 agricultural HTSUS classifications and eleven additional categories of agricultural products from reciprocal tariffs, effective November 13, 2025. Annex II and PTAAP Annex of the EO 14257 were modified accordingly. (14/11/2025)
United States published Joint Fact Sheet outlining details of the trade deal with the Republic of Korea. (13/11/2025)
United States published Customs Guidance confirming reduced tariffs on Chinese imports under the IEEPA fentanyl-related and reciprocal tariff lines: rates drop from 20% to 10% effective 10 November 2025, with the 10% reciprocal rate maintained until 10 November 2026. (07/11/2025)
United States President Trump has announced a trade deal with Uzbekistan via Truth Social. An official notice is pending. (07/11/2025)
United States announced agreements with pharmaceutical manufacturers Eli Lilly and Company and Novo Nordisk to reduce prices of major drugs in the U.S. under a “most‑favored‑nation” (MFN) pricing approach. (06/11/2025)
China confirmed that, effective 10 November 2025, it will suspend the March additional tariffs on U.S. agricultural goods (15% on chicken, wheat, corn, cotton; and 10% on sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, dairy), retain its existing 10% tariff line, and suspend the planned 24% increase for one year. (05/11/2025)
United States published Customs Guidance on Section 232 duties on Medium- and Heavy-Duty Vehicles (MHDVs), Medium- and Heavy-Duty Vehicle Parts (MHDVPs) and buses, effective November 1, 2025. (29/10/2025)
United States concluded Framework Agreements on Reciprocal Tariffs with Thailand (19% tariffs) and Viet Nam(20% tariffs). (26/10/2025)
United States announced reciprocal-tariff agreements with Malaysia and Cambodia, both maintaining 19% rates: the U.S. applies 0% tariffs on products in Schedule 2, while Malaysia and Cambodia apply duties on U.S. goods per Schedule 1, alongside additional market-access conditions in the annexes. (26/10/2025)
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Russian invasion of Ukraine
Total: (Last update: December 1, 2025)
Lithuanian railways halts transit of oil-related goods of Russian companies Lukoil and Rosneft, including fuel, to Kaliningrad region of Russia due to US and UK sanctions. (21/11/2025)
Kazakhstan bans exports of crude oil and oil products to all countries for 6 months starting from November 20. (12/11/2025)
European Union energy ministers approve a stepwise prohibition on both pipeline gas and liquefied natural gas (LNG) imports from Russia starting January 1, 2026, with a full ban to apply from January 1 2028. (20/10/2025)
United Kingdomannounces a new sanctions package against Russia, including banning imports of oil products refined in third countries using Russian-origin crude oil. (16/10/2025)
European Union publishes origin guidance on the ban of refined products obtained from Russian crude oil starting January 16, 2026. (16/10/2025)
Russia extends fuel export ban until end of 2025. (16/10/2025)
Russia removes 5% tariff on imports of petroleum products until mid-2026. (16/10/2025)
Kyrgyzstan bans exports of crude oil and petroleum products. (08/10/2025)
European Union adopts 18th package of trade sanctions against Russia including refined petroleum oil products ban via third countries, lowered price cap for Russian seaborne crude oil from $60 to $47.6 per barrel, and expanded export ban list with high-technology items such as computer numerical control (CNC) machines and constituent chemicals for propellants. (18/07/2025)
Serbia suspends all exports of weapons and military equipment manufactured in Serbia. (25/06/2025)
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