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US pharma tariffs likely weeks away as Trump plans for Alaska, sources say
The announcement by President Donald Trump's administration of the results of a probe into pharmaceutical imports and new sector-specific U.S. tariffs likely remains weeks away,…
White House’s Navarro says pharma tariffs likely under Section 232 probe
White House trade adviser Peter Navarro said on Thursday that the Trump administration is likely to levy tariffs on pharmaceutical imports under a "Section 232"…
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The Freight Buyers’ Club: De Minimis ban, tariffs & peak season: The air cargo outlook
From May 2025, low-value shipments from China and Hong Kong lost their U.S. duty-free status. On 29 August, that de minimis exemption will be suspended…
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India trade deficit hits eight-month high in July ahead of US tariff hikes
India's merchandise trade deficit hit an eight-month high of over $27 billion in July as imports surged faster than exports ahead of U.S. President Donald…
Trump signs order to ensure ‘resilient’ supply chain for essential medicines in US
President Donald Trump signed an executive order aimed at ensuring a "resilient" supply chain for essential medicines in the U.S. by filling the Strategic Active…
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Footwear retailers’ Priest says Trump tariffs cast gloom on sales
Trump-era tariffs are reshaping the footwear industry, says FDRA’s Matt Priest, with higher prices, sourcing struggles, and nervous retailers bracing for the year’s second half.
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US embeds trackers in AI chip shipments to catch diversions to China, sources say
U.S. authorities have secretly placed location tracking devices in targeted shipments of advanced chips they see as being at high risk of illegal diversion to…
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US deficit grows to $291 billion in July despite tariff revenue surge
The U.S. government's budget deficit grew nearly 20% in July to $291 billion despite a nearly $21 billion jump in customs duty collections from President…
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Apparel and Footwear industry responds to the suspension of the heightened tariffs on China
The American Apparel & Footwear Association responds following President Trump's executive order "Further Modifying Reciprocal Tariff Rates to Reflect Ongoing Discussions with The People's Republic…
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European Union awaits US follow-up on trade deal promises
The European Union could not say when a joint statement on tariffs with the United States would be ready, nor when the White House would…