European Union announced a draft regulationto protect EU steel industry from unfair impacts of global capacity, proposing to limit tariff-free import volumes to 18.3 million tons a year, double the level of out-of-quota duty to 50%, and introduce a Melt and Pour requirement to prevent circumvention. (07/10/2025)
United States announced 25% tariffs on all imports of medium and heavy duty trucks, effective November 1, 2025, according to the President's Truth Social post. (06/10/2025)
United States implemented new fees for vessels owned, operated, or built in China, and for all foreign-built vehicle carrier vessels, effective October 14, 2025. (03/10/2025)
European Union, according to media sources, considers cutting steel import quotas by nearly half and hiking duties on volumes above those levels to 50% in line with tariffs imposed by the U.S. and Canada. (01/02/2025)
United States published a Proclamation imposing new Section 232 tariffs on timber, lumber, and derivative wood products: 10% on softwood timber and lumber, 25% on upholstered wooden products, and 25% on kitchen cabinets, vanities, and their derivatives effective October 14, 2025, with the latter two rates increasing to 30% and 50% respectively from January 1, 2026. The measure includes specified exceptions, tariff stacking rules, and caps of 10% for the UK and 15% for the EU and Japan. (30/09/2025)
United States announced the first agreement with a major pharmaceutical company, Pfizer, to bring American drug prices in line with the MFN prices, pursuant to the Executive Order dated September 30, 2025. (30/09/2025)
United States announced 100% tariffs on movies made outside the country. (29/09/2025)
China amends its International Maritime Transport regulations. (29/09/2025)
China added 3 U.S. companies to its Unreliable Entity List and 3 U.S. entities to its Export Control List. (25/09/2025)
China announced an investigation into trade and investment barriers to relevant China-related restrictions in Mexico. (25/09/2025)
China launches an anti-dumping investigation into imported pecans originating in Mexico and the U.S. (25/09/2025)
United States launched Section 232 national security investigations into (i) robotics and industrial machinery and (ii) personal protective equipment (PPE), medical consumables, and medical equipment including devices. (25/09/2025)
United States published guidance in the Federal Register and CBP notices implementing the U.S.–EU Framework Agreement, amending the HTSUS to adjust tariffs on EU-origin products, including automobiles and parts, cork and other unavailable natural resources, aircraft and aircraft parts, and generic pharmaceuticals with their ingredients and precursors. (24/09/2025)
Türkiye announced it is lifting tariffs on U.S. goods that were originally imposed in 2018 in response to U.S. measures on Turkish steel and aluminum. (22/09/2025)
United States issued updated CBP guidance on the U.S.–Japan Agreement pursuant to EO 14345: a 15% baseline tariff applies to nearly all Japanese imports, with sector-specific treatment for autos, aerospace, generic pharmaceuticals, and certain natural resources. The measure is retroactive to imports entered on or after August 7, 2025. (16/09/2025)
Mexico announced a planned increase in tariffs on imports from countries with which it has no FTA, as part of the 2026 Economic Package. An official notice is pending. (09/09/2025)
United States amended the scope of the reciprocal tariff by updating Annex II (exclusions), adding some products and removing others, pursuant to a new Executive Order. (05/09/2025)
Canada removed counter-tariffs on U.S. goods, except steel, aluminum, and autos. Effective September 1, 2025, it lifted 25% duties covering $14.2 billion in trade imposed on March 13 and $30 billion imposed on March 4 (01/09/2025)
European Commission proposed two legislative acts to implement the EU–US Joint Statement (21 August 2025): (1) eliminating EU tariffs on U.S. industrial goods and granting preferential access for U.S. seafood and agricultural products; (2) extending tariff-free treatment of lobster, including processed lobster. (28/08/2025).
United States President Trump announced imposing additional tariffs on countries adopting digital taxes or regulatory frameworks perceived as discriminatory toward U.S. technology companies. An official notice is pending. (26/08/2025)
United States published CBP guidance pursuant to EO 14329 (“Addressing Threats…”), effective August 27, 2025: most imports from India face an additional 25% duty, with certain exemptions including products covered by Annex II of EO 14257. (25/08/2025)
United States updated the HTS list under Section 232 to include additional steel derivative products, effective August 18. (15/08/2025)
United States updated the HTS list under Section 232 to include additional aluminum derivative products, effective August 18. (15/08/2025)
United States initiated Section 232 investigations into imports of wind turbines. (13/08/2025)
China announced updates to its April trade measures against U.S. entities. For the Export Control List, measures against 16 entities added on April 4 were further suspended for 90 days, while restrictions on 12 entities added on April 9 were fully lifted. For the Unreliable Entity List, measures against the April 4 group remain suspended, while those on the April 9 group have been lifted. (12/08/2025)
United States and China have announced a 90-day extension of the tariff suspension, extending the deadline to November 10, 2025. (12/08/2025)
United States' revised reciprocal tariff rates take effect from today, pursuant to Executive Order dated July 31. Countries not listed in Annex I will be subject to a 10% rate. According to CBP guidance, the 10% reciprocal tariff on imports from China remains in effect until August 12. (07/08/2025)
United States increased IEEPA duties on Canada from 25% to 35%, effective August 1, 2025. (31/07/2025)
United States announced a 90-days extension to the August 1 deadline for Mexico. (31/07/2025)
United States announced copper tariffs (50%), effective August 1, 2025. Goods subject to Section 232 duties on automobiles and automobile parts will not be subject to these tariffs. (31/07/2025)
United States announced tariffs for the Republic of Korea (15%) as part of a broader deal. An official notice is pending. (30/07/2025)
United States announced an additional 40% ad valorem tariff on most imports from Brazil under the IEEPA, effective seven days after the Executive Order of July 30, 2025. The duty applies in addition to existing tariffs, including reciprocal tariffs, but excludes products listed in Annex I (e.g., silicon metal, pig iron, civil aircraft, alumina, tin ore, wood pulp, precious metals, energy products, and fertilizers) and goods covered by Section 232 actions. (30/07/2025)
United States announced tariffs for Japan (15%) as part of a broader deal, detailed in a White House Fact Sheet. (23/07/2025)
United States announced tariffs for Indonesia (19%) as part of a broader deal, detailed in a White House Fact Sheet. (22/07/2025)
United States launched Section 232 national security investigations into polysilicon and its derivatives. (16/07/2025)
United States launched Section 232 national security investigations into imports of Unmanned Aircraft Systems (UAS) and their parts and components. (15/07/2025)
United States- United Kingdom Economic Prosperity Deal establishes: (1) TRQ for 100,000 UK-origin vehicles at 10% duty (65,205 in 2025); (2) 10% duty on eligible UK parts (vs. 25% MFN); and (3) removal of tariffs on UK civil aircraft/parts. (30/06/2025)
SHOW MORE UPDATES
Russian invasion of Ukraine
Total: (Last update: July 25, 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)
United Kingdom introduced a new trade sanctions package against Russia including business software restrictions, technology controls and additional export and import prohibitions. (24/04/2025)
Belarus implements an export prohibition of 253 foreign-made product categories, including household appliances, vehicles, clothing and medical clothing. (24/03/2025)
European Union adopts 16th package of sanctions against Russia, including an import quota on primary aluminium. (25/02/2025)
Japan updates export ban to 335 industrial products that contribute to strengthening the industrial base of Russia (23/01/2025
+41 (0)22 730 05 46
+41 (0)22 730 05 4
