COOPERATION AGREEMENT BETWEEN U.S. AND EU FOR RECIPROCAL, FAIR, AND BALANCED TRADE The White House announced a trade arrangement with the European Union (EU). It aims to update transatlantic economic ties, expand market access, and establish reciprocal tariffs and investments. The agreement introduces a 15% reciprocal tariff on qualifying EU-origin [...]
RECIPROCAL TRADE AGREEMENTS WITH INDONESIA, JAPAN, AND PHILIPPINES ADVANCE U.S. EXPORT ACCESS The White House has confirmed three new reciprocal trade arrangements designed to expand U.S. export opportunities and address longstanding tariff imbalances with key Indo-Pacific partners. A formal framework has been released for an Agreement on Reciprocal Trade with [...]
NMFC 2025-1 IMPLEMENTATION BRINGS CHANGES TO LTL FREIGHT CLASSIFICATION On July 19, 2025, the National Motor Freight Traffic Association (NMFTA) enacted NMFC Docket 2025-1, introducing some of the most significant overhauls to less-than-truckload (LTL) freight classification in nearly a century. These changes are part of ongoing work to modernize [...]
The U.S. Department of Transportation (DOT) recently announced a series of America First actions to address unresolved operational barriers impacting U.S. air carriers serving Mexico. These actions seek to align with the bilateral 2015 U.S.-Mexico Air Transport Agreement following ongoing slot reductions and cargo restrictions a Benito Juarez International Airport [...]
In two nearly identical letters dated July 11, 2025, President Donald J. Trump informed Mexico’s President‑elect Claudia Sheinbaum Pardo and European Commission President Ursula von der Leyen that, effective August 1, 2025, the United States will impose a 30 percent tariff on “all” Mexican‑ and EU‑origin products entering the country citing the measure as a response to national‑security concerns and long‑standing trade imbalances. ADDITIONAL 30% TARIFF FOR MEXICO AND EUROPEAN UNION Universal [...]
During an Oval Office appearance with NATO Secretary-General Mark Rutte, President Donald Trump warned that if Russia “doesn’t stop bombing Ukraine within 50 days,” the United States will impose 100 percent duties on the U.S. imports of any third-country that continues to purchase from Russia. WATCH: JULY 14 WHITE HOUSE BRIEFING WHAT “SECONDARY TARIFFS” MEAN The President [...]
DE MINIMIS ENDS FOR FDA REGULATED SHIPMENTS In a recent Bulletin, U.S. Customs and Border Protection announced that all prior de minimis exemption guidance notifications for FDA-regulated products have been rescinded as of July 9, 2025. This operational shift leverages significant technological enhancements within both the trade and FDA systems [...]
U.S. SUPPLY CHAIN IMPACTS FROM THE 2025 BUDGET RECONCILIATION PACKAGE On July 4, 2025, H.R. 1, known as the One Big Beautiful Bill Act, was signed into law by the White House. As a budget reconciliation package, the legislation modifies federal tax policy, raises the country's debt ceiling, and sets [...]
NEW U.S.-VIETNAM TRADE FRAMEWORK The White House has announced a new bilateral trade framework with Vietnam, which includes the application of tariffs on U.S. imports from Vietnam and expanded market access for U.S. exports to Vietnam. According to public statements on social media, goods originating from Vietnam will be subject [...]
IMPLEMENTATION MARKS A NEW COMPLIANCE ENVIRONMENT FOR U.S.-UK TRADE June 30, 2025, signaled the first operational checkpoint in the rollout of the U.S.-UK Economic Prosperity Deal under Executive Order 14309. The new tariff provisions introduce quota administration, reduced duty rates, and non-stacking protocols that directly impact how eligible UK-origin goods [...]
