On July 27, the US and EU reached a breakthrough trade agreement that may have dodged a full-blown transatlantic tariff war. Instead of the steep 30% tariffs previously threatened, most EU imports will now face a reduced 15% rate.
US Imports Could Soon Surge
🚢📦 Is a wave of imports about to hit U.S. ports? Importers and retailers say yes! With a 90-day break in the U.S.–China tariff war, businesses are racing to frontload shipments before the pause ends.
U.S. and China Will Slash Tariffs
The U.S. and China struck a major deal to slash tariffs in a move that could reshape global shipping. On May 14, the U.S. will lower tariffs on Chinese imports from 145% to 30%, while China cuts its tariffs on U.S. goods from 125% to 10%.
U.S. And China Talks Are Starting
After weeks of mounting tariffs and economic strain, U.S. and Chinese officials are finally meeting face-to-face in Switzerland from May 9–12. Could this be the first step toward ending the tariff war?
Trump Pausing Reciprocal Tariffs
In the wake of a global market meltdown, President Trump is hitting pause on reciprocal tariffs for 90 days. Despite this, Trump’s 10% baseline tariff (from April 5th) still remain.
Trump Imposing A 104% Tariff
Trade war escalation! Starting today, April 9th, the U.S. is hitting Chinese imports with a massive 104% tariff—the latest move in President Trump’s aggressive trade strategy.