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On March 26, 2025, President Donald Trump announced a new set of 25% tariffs on all automobiles imported as of midnight April 3, 2025. But the tariffs issued will be imposed on more than just automobiles. The tariffs will...more
No new tariffs have been implemented this week. But, President Trump has publicly committed to rolling out reciprocal tariffs, as well as tariffs on automobiles, on April 2. While only limited details have been released as to...more
President Trump told reporters at Mar-a-Lago that he would likely announce tariffs on April 2 on imports of automobiles, semiconductors, and pharmaceuticals, starting at 25 percent. He added that such tariffs would “go very...more
We are entering the “Summer of Disruption” to global trade based on five (5) recent US actions and other countries’ responses: 1. China The US announced on Friday the imposition of 25% tariffs on approximately $33.8...more