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President Trump's Tariff Moves Keep U.S. Rates Below Historical Peaks

President Trump's Tariff Moves Keep U.S. Rates Below Historical Peaks

President Trump has announced a series of new tariffs, including 10% to 12.5% on global goods and 25% on Brazilian imports. Despite these moves, the overall U.S. tariff rate remains below pre-Supreme Court levels, currently at 11.1% and expected to rise to 11.8% by year-end. The Supreme Court had previously struck down Trump's blanket tariffs, which had rates above 15% in 2025. The new tariffs include plans for a 50% tariff on Canadian goods and 100% on generic drugs by 2028, with further threats of tariffs on Europe.
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New U.S. Tariffs on South African Goods Highlight Trade Tensions

New U.S. Tariffs on South African Goods Highlight Trade Tensions

The U.S. has implemented a new 12.5% tariff on goods from South Africa, part of a broader trade policy affecting 60 countries. This decision follows a U.S. Trade Representative investigation into forced labor practices. The tariffs are part of a tiered system, with South Africa falling into the highest category due to perceived failures in prohibiting forced labor imports. While some goods like oranges and nuts are exempt, the tariffs are expected to impact South Africa's agricultural exports to the U.S., which are a significant part of its economy.
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South Africa to Prohibit Goods Produced by Forced Labour Following U.S. Tariff

South Africa to Prohibit Goods Produced by Forced Labour Following U.S. Tariff

South Africa is planning to issue regulations to prohibit the importation of goods produced using forced and child labor. This decision follows the imposition of a 12.5% tariff by the United States on certain South African exports. The U.S. Trade Representative's decision was based on an investigation into whether South Africa's policies were discriminatory and burdensome to U.S. commerce. The South African government, led by Trade, Industry, and Competition Minister Parks Tau, is seeking public comments on the proposed regulations. The tariffs affect a range of South African exports, although some products, such as automobiles and steel, are exempt.
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U.S. Imposes New Tariffs on Over Sixty Economies for Forced Labor Concerns

U.S. Imposes New Tariffs on Over Sixty Economies for Forced Labor Concerns

U.S. Imposes New Tariffs on Over Sixty Economies for Forced Labor Concerns
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US Tariff on India Presents Unique Trade Opportunities

US Tariff on India Presents Unique Trade Opportunities

US Tariff on India Presents Unique Trade Opportunities
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GTRI Challenges U.S. Tariffs on Indian Exports, Citing Lack of Evidence

GTRI Challenges U.S. Tariffs on Indian Exports, Citing Lack of Evidence

The Global Trade Research Initiative (GTRI) has raised concerns over the U.S. imposing a 10% tariff on Indian exports under Section 301. The U.S. claims the tariffs are in response to India's failure to prohibit forced labor effectively. However, GTRI argues that the U.S. has not provided credible evidence to justify these tariffs. The tariffs were initially proposed at 12.5% but were reduced following India's ban on imports made with forced labor. GTRI suggests that the tariffs are more about maintaining U.S. trade barriers than addressing forced labor issues.
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US tariff hikes linked to claims of foreign forced labor dismay and anger trading partners

US tariff hikes linked to claims of foreign forced labor dismay and anger trading partners

U.S. President Donald Trump’s latest set of tariff hikes has provoked heated objections from America’s trading partners
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US tariff hikes linked to claims of foreign labor dismay and anger trading partners

US tariff hikes linked to claims of foreign labor dismay and anger trading partners

U.S. President Donald Trump’s latest set of tariff hikes has provoked heated objections from America’s trading partners
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End of De Minimis Exemption Alters U.S. Import Strategies for SMBs

End of De Minimis Exemption Alters U.S. Import Strategies for SMBs

End of De Minimis Exemption Alters U.S. Import Strategies for SMBs
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U.S. Government Reaffirms Commitment to 15% Tariff Cap with South Korea Amid New Section 301 Duties

U.S. Government Reaffirms Commitment to 15% Tariff Cap with South Korea Amid New Section 301 Duties

The United States has confirmed its commitment to maintaining a 15% tariff cap on South Korean goods, as per the existing Seoul-Washington trade agreement. This comes in light of newly announced Section 301 tariffs on imports from 60 trade partners, which range from 10% to 12.5%. The announcement follows the expiration of temporary 10% worldwide tariffs and a Supreme Court decision that struck down previous reciprocal tariffs. South Korea, along with Japan and Switzerland, is subject to a 12.5% tariff under the new scheme. The South Korean government, led by Industry Minister Kim Jung-kwan, has been in talks with U.S. officials to ensure that any tariffs resulting from ongoing investigations into forced labor and excess industrial capacity remain within the agreed 15% ceiling.
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US Tariff on India: Implications for Export Strategy

US Tariff on India: Implications for Export Strategy

US Tariff on India: Implications for Export Strategy
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New U.S. Tariffs Impact South African Agricultural Exports

New U.S. Tariffs Impact South African Agricultural Exports

The U.S. has increased tariffs on South African agricultural exports from 10% to 12.5% as part of a broader policy affecting 60 countries. This decision follows previous 'Liberation Day Tariffs' of 30%, which had a significant impact on South African exports. The U.S. remains a key market for South Africa, accounting for 4% of its agricultural exports, including citrus, berries, and nuts. Despite the tariff increase, the current rate is more favorable compared to the previous 30% tariff.