EU extends tariff truce with U.S. while keeping retaliation option
The EU is keeping countermeasures against U.S. trade suspended indefinitely, even as new tariff cuts offer companies more certainty and preserve a response option.
The EU is keeping countermeasures against U.S. trade suspended indefinitely, even as new tariff cuts offer companies more certainty and preserve a response option.
The SBA sought proposals for up to 20 SCALE grants helping organizations support small businesses in six strategic supply chains. The deadline was Aug. 7.
Section 301 duties took effect July 24 on products from 60 economies, making classification, origin, entry timing and exclusions central to supply-chain planning.
Brazil’s Supreme Federal Court upheld state laws limiting benefits for soy-moratorium participants while affirming the pact’s constitutionality and global supply-chain stakes.
Brazil has opened a formal reciprocity process after new U.S. tariffs, but no counter-tariffs are in force as consultations with Washington begin.
The Small Business Administration opened a competition offering 20 grants of up to $500,000 to help small businesses address supply-chain constraints and expand production.
The Justice Department said its Trade Fraud Task Force surpassed $1 billion in combined recoveries, penalties, forfeitures and publicly charged losses less than a year after its launch.
The USDA is accepting applications for the FIELDS program, which will provide competitive cost-share awards for domestic fertilizer production and related infrastructure.
Regulation (EU) 2025/40 will repeal the EU’s older packaging-waste directive in 2026, while some existing provisions remain in force through 2029.
Italian police visited the headquarters of nine luxury-fashion companies on July 16 as prosecutors examined alleged worker exploitation by subcontractors. Chanel said it was cooperating and had begun ending the relevant subcontractor relationship after a May 18 alert.
The United States Trade Representative proposed additional tariffs of 10% or 12.5% on imports from 60 trading partners, with possible exemptions for products that could disrupt domestic supply.
The United States and Uzbekistan announced an early harvest in reciprocal trade and investment discussions as USTR pursued additional negotiations in August 2026.
A July 23 presidential memorandum directs the U.S. Trade Representative to investigate 60 economies over policies involving bans on goods produced with forced labor. No tariffs or import restrictions take effect under the order itself.
The U.S. Trade Representative finalized additional tariffs tied to alleged failures to block forced-labor imports, with exemptions for some products and USMCA-compliant goods.
The World Trade Organization’s updated index, jointly developed with the IMF, records continued growth in global trade-policy activity through May 2026 amid war-related economic and energy disruption.
Wholesale inventories held by U.S. firms increased 0.3% in June from May and were up 4.4% from a year earlier, according to new Census Bureau data.
The final U.S. trade action follows public hearings, more than 360 comments and negotiations with Brazil, but the approved record does not include the full product list or effective date.
The FDA is urging infant-formula manufacturers and supply-chain partners to strengthen supplier oversight after recalls, two U.S. botulism investigations and international contamination cases.
The U.S. Trade Representative announced final tariffs on goods from 60 trading partners, saying their governments failed to prohibit and enforce bans on imports produced with forced labor.
Taylor Farms and Sysco withdrew iceberg lettuce sourced from central Mexico on July 17 as U.S. authorities investigated a major cyclospora outbreak. The FDA later said a test associated with Taylor Farms was a false positive, but the broader investigation remains open.
China and the EU created four trade workstreams and a data-monitoring channel after June talks, but tariffs, export controls and market access remain unresolved.
The EU now bars large fashion companies from routinely destroying unsold clothes, accessories and shoes, requiring documented alternatives and new supply-chain controls.