Archive for the ‘Tarrifs’ Category

Canada, News, Tarrifs

June 26, 2026

The Canadian government’s decision to initiate a 30-day public consultation on July 2, 2026, represents a significant step toward aligning its trade policies with those of its key allies. According to Reuters, the consultation will examine potential tariffs on Chinese-made electric vehicles, a move that follows similar tariff increases implemented by the United States and […]

Canada, News, Tarrifs

June 24, 2026

The Department of Finance Canada announced the launch of public consultations regarding potential policy responses, including surtaxes, targeting Chinese electric vehicles (EVs), steel, and aluminum. According to reports from Reuters and Bloomberg, this initiative is designed to protect domestic manufacturing sectors and align Canada’s trade policies more closely with those of key international partners, such […]

Colombia, News, Tarrifs

June 19, 2026

Colombia’s Ministry of Commerce established a provisional countervailing duty of 4.86% on milk powder imported from the United States, according to reports from Reuters, the Associated Press, and El Espectador. The ministry’s investigation concluded that US agricultural subsidies allow American exporters to sell milk powder at artificially low prices, causing material injury to Colombia’s domestic […]

China, News, Tarrifs

June 17, 2026

The Customs Tariff Commission of China's State Council announced a comprehensive plan to adjust its import and export tariff codes, as reported by Xinhua. The primary objective of these adjustments is to optimize the country's import and export structures, aligning them with current economic and environmental priorities. According to reports from Reuters and Bloomberg, the [...]

News, South Africa, Tarrifs

June 5, 2026

The South African Revenue Service (SARS) has finalized the legal and operational framework to administer China's temporary zero-tariff export scheme, according to an announcement on May 30, 2026. The scheme, which officially runs from May 1, 2026, to April 30, 2028, grants qualifying South African exports duty-free access to the Chinese market, provided they comply [...]

News, Tarrifs, United Kingdom

June 2, 2026

The international trade landscape is currently undergoing significant upheaval, with ongoing global conflicts and proposed tariff policies fundamentally reshaping the warehousing and logistics industry. The UK warehousing and logistics sector, in particular, is experiencing increased pressure due to disruptions in international trade networks caused by global conflicts. Businesses are responding by increasing domestic stockholding and [...]

News, Tarrifs, United States

June 1, 2026

U.S. Customs and Border Protection (CBP) has significantly increased the ceiling on accepted tariff refund claims, nearly doubling the previous threshold to an unprecedented $85 billion. This substantial adjustment is a critical customs policy development for U.S. manufacturing balance sheets in 2026, according to Plocamium Holdings.   The expanded refund pool is specifically designed to […]

India, News, Tarrifs

May 11, 2026

India has strategically navigated global trade challenges by actively negotiating with the European Union to open its market for seafood exports, a move that has helped the country overcome the impact of steep US tariffs. Commerce and Industry Minister Piyush Goyal highlighted that this proactive approach contributed to a significant 12-14% growth in seafood exports [...]

News, Tarrifs, United Kingdom

April 7, 2026

The United Kingdom government has unveiled stringent new steel trade measures, set to take effect on July 1, 2026, which will profoundly alter the landscape for steel imports. The new regulations will limit tariff-free steel imports by reducing overall quota volumes by a substantial 60% compared to current safeguard measures. Imports that exceed these revised […]

News, Tarrifs, Thailand, Trade

February 26, 2026

In a strategic move to counter global trade uncertainties, Thailand is accelerating its free trade agreement (FTA) strategy on multiple fronts, with a pact with the United States expected to be concluded by July 2026. According to Thailand’s Minister of Commerce, Suphajee Suthumpun, negotiations for the Thailand-U.S. Tariff Agreement are actively ongoing, though some issues […]

Europe, News, Tarrifs

February 25, 2026

In a week marked by contentious disputes at the WTO, separate developments in Europe and Asia highlight alternative approaches to managing trade friction, from proactive tariff suspensions to negotiated settlements. The European Commission on February 24 proposed a one-year suspension of import duties on key nitrogen fertilizers, including ammonia and urea, in a bid to […]

News, Tarrifs, United States

February 20, 2026

As global trade tensions simmer, the world’s major economic powers are pursuing starkly divergent strategies. While the United States doubles down on protectionist tariffs, China is expanding its influence through broad tariff exemptions for developing nations, and the European Union is flexing its regulatory muscle in the digital domain. On February 19, JDSupra reported that […]

News, Tarrifs, United States

February 11, 2026

The United States and the European Union are aggressively pursuing new, strategic trade agreements designed to counter the impact of tariffs and secure critical supply chains, according to several reports. The moves signal a coordinated effort by Western powers to build resilient economic alliances amidst global competition. In Brussels, the European Parliament’s trade committee is […]

News, Tarrifs, United States

February 5, 2026

In a complex global trade environment, importers are gaining access to new mechanisms for cost reduction and data analysis. Effective February 2, 2026, the U.S. has introduced a new process that can lower the Section 232 tariff burden for importers of certain medium- and heavy-duty vehicles (MHDVs). According to Sandler, Travis & Rosenberg, P.A., this […]