The United States and Taiwan have taken a significant step toward deepening their economic partnership with a new reciprocal trade agreement signed on February 12. Jamieson Greer, U.S. Trade Representative, and Li-chiun Cheng, Taiwan’s Vice Premier, formalized the deal, which…
In a recent announcement, President Donald Trump shared on social media that following a conversation with Indian Prime Minister Narendra Modi, the U.S. has decided to significantly reduce the tariffs imposed on India. The reciprocal tariffs, which had previously been…
President Donald Trump has issued an executive order declaring Cuba an “unusual and extraordinary threat” to U.S. national security and foreign policy, triggering a new tariff mechanism with potentially broad supply-chain implications. Using authority under the International Emergency Economic Powers…
On January 26, President Donald Trump took to Truth Social to announce that he would be raising tariffs on imports from South Korea, including automobiles, lumber, pharmaceuticals, and other goods. The tariffs, which were previously set at 15%, will now…
President Donald Trump issued a sharp warning to Canada on Saturday, January 24, signaling potential economic consequences if Ottawa moves forward with a trade agreement involving China. In a post shared on Truth Social, Trump said he would pursue a…
BREAKING UPDATE: Trump removes tariff threat related to Greenland based on constructive meeting with Secretary General of NATO, per social media post. Tariffs that were to become effective on February 1st, will not be imposed. President Donald Trump stated on…
A new U.S.–Taiwan trade agreement signed January 15th, marks a major shift for importers—bringing clearer rules, capped tariff rates, and targeted duty relief tied to investment in U.S. manufacturing. While the agreement supports large-scale reshoring of semiconductor production, it also…
According to the president’s January 12th statement on Truth Social, any country that does business with Iran will face a 25% tariff on “any and all business being done with the United States of America,” effective immediately. While details remain…
Important Update for Importers: The Transition to Electronic Refunds by CBP Starting February 6, 2026, the U.S. Customs and Border Protection (CBP) agency will be moving entirely to electronic refunds for all eligible parties. This change applies to a wide…