U.S. Pharmaceutical Tariffs Take Effect July 31: What Changes
Tariffs on some imported patented drugs begin July 31, but generic medicines and biosimilars remain excluded as companies face different rates and deadlines.
Trade policy
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U.S. Investigation Could Turn Google’s EU Fine Into a Trade Fight
A European Commission fine against Google has prompted a U.S. trade investigation and tariff warning, but no tariff has been imposed.
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U.S. Tariffs on 60 Economies Take Effect, With Uneven Price Effects
New U.S. tariffs on goods from 60 economies took effect July 24, but exemptions, shipment timing and court challenges could make the price impact uneven.
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U.S. Sets August 19 Start for 50% Tariffs on Some Canadian Goods
New duties on selected Canadian goods are scheduled to begin August 19, with U.S. shoppers and businesses watching costs, exemptions and trade talks.
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U.S. Section 301 forced-labor tariffs start July 24: exemptions, TRQ
White House and USTR finalized Section 301 forced-labor “responsive action” for 60 economies. Exemptions and a textile TRQ apply starting July 24.
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White House Section 338 proclamation adds 50% duty on some Canadian auto imports (Aug. 19)
A July 20 White House Section 338 proclamation adds a 50% duty on certain Canadian motor-vehicle imports effective Aug. 19 at 12:01 a.m. ET.
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U.S.-Jordan reciprocal trade agreement announced July 21: impact on exporters
July 21: White House and USTR announce a U.S.-Jordan reciprocal trade deal promising duty-free access and less customs and licensing friction for U.S. exporters.
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White House orders Section 232 talks on aircraft imports—180-day update
The July 9 Section 232 proclamation orders Commerce and USTR to negotiate aircraft-import agreements and report progress within 180 days.
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Trump signs Section 232 aircraft-import proclamation—180-day talks window
Trump signed a Section 232 proclamation for commercial aircraft, jet engines and parts—launching Commerce-USTR talks and a required 180-day update.
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U.S. trade probe into Germany’s drug pricing revives transatlantic tariff risk
World Economy Trade Energy and Technology Scan – USTR opened a Section 301 probe into Germany’s drug pricing, a step that could escalate into tariff pressure.
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White House declares fertilizer emergency, suspends some Morocco duties
United States Breaking National Politics – The White House says the temporary move is meant to keep phosphate fertilizer available for U.S. farmers.
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White House trims tariffs on farm, HVAC and some industrial equipment
The White House cut tariffs on some farm and HVAC equipment and parts of industrial machinery, effective June 8, through Dec. 31, 2027.
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U.S. proposes tariffs on goods from 60 economies after forced-labor review
USTR proposed new tariffs after a forced-labor review of 60 economies, starting a July comment period that could affect prices if finalized.
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White House trims metal tariffs for farm gear, HVAC and some machinery
A June 1 White House proclamation lowers tariffs on some farm gear and HVAC products, while raising duties on other metal items and machinery.
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USTR tariff hearings could shape import costs and consumer prices
USTR hearings this week could lead to new trade actions on excess capacity, with possible ripple effects for prices and supply chains.