All articles tagged with #reciprocal tariffs
A comprehensive tracker of Trump 2.0 tariffs and countermeasures, detailing country- and product-specific rates, exemptions, stacking rules, and ongoing regulatory updates across Section 232, Section 301, and related measures, with notes on recent court decisions and other policy developments through early 2026.
The article details the implementation of various tariffs and trade measures by the U.S., including a 10% baseline reciprocal tariff effective April 5, 2025, potential increases to 15-20%, a 40% transshipment penalty, and threatened additional tariffs on digital services taxes and specific country imports like Russian and Venezuelan oil. Several countries have specific rates or exemptions, with ongoing investigations into digital taxes.
The article details the implementation and threats of various tariffs, tariffs on specific countries, transshipment penalties, and potential digital services tax (DST) measures under President Trump's trade policies, with specific effective dates and exemptions outlined.
A U.S. appeals court ruled that most of President Trump's reciprocal tariffs imposed in April are illegal, citing overreach of presidential authority, but sector-specific tariffs on steel and aluminum remain unaffected and are likely to continue. Trump plans to appeal to the Supreme Court, which could alter the scope of tariffs if they are deemed illegal.
A U.S. appeals court ruled that most of President Trump's tariffs are illegal, particularly those imposed in April and on China, Canada, and Mexico citing emergency powers, but has delayed enforcement pending potential Supreme Court appeal.
US Treasury Secretary Scott Bessent stated that reciprocal tariffs are expected to decrease if trade imbalances between the US and other countries, such as Japan, improve, indicating a potential easing of trade tensions as economic conditions normalize.
President Trump announced new reciprocal tariffs ranging from 10% to 41% on imports from various countries, effective August 7, 2025, with some exceptions and ongoing negotiations affecting certain nations like China, Canada, and Mexico.
New US tariffs announced in 2023 are expected to reduce the US GDP by 0.36% and negatively impact most global economies, with Switzerland, Thailand, and Taiwan experiencing significant declines, while Australia and the UK may see slight gains. The tariffs, which are part of a broader trade policy, have caused market volatility and are likely to continue affecting international trade and economic stability.
The President has issued a new executive order modifying reciprocal tariff rates on goods from various countries, replacing previous duties with new rates based on trade negotiations and agreements, aiming to address trade imbalances and national security concerns.
President Donald Trump announced the extension and adjustment of reciprocal tariffs to address the US trade deficit, sending tariff rate letters to multiple countries and emphasizing a strategy to restore economic sovereignty and fairness in trade relations.
Donald Trump has extended the deadline for reciprocal tariffs from July 9 to August 1, giving countries more time to negotiate trade deals with the US amid ongoing tensions, including potential new tariffs on Japan and South Korea, which have impacted markets and currency values.
The Court of International Trade invalidated President Trump's use of a 1977 law to impose reciprocal tariffs, but the White House remains confident in continuing its tariff policies, dismissing the ruling as a minor setback and preparing to appeal, while criticizing the judiciary and emphasizing the emergency nature of the tariffs.
A U.S. federal court has invalidated President Trump's broad 'reciprocal' tariffs on multiple countries, ruling that his justification under the International Emergency Economic Powers Act exceeded his legal authority, and ordered the tariffs collected to be vacated.