Trump’s 50% Tariffs on India Take Effect Over Russian Oil Purchases
Trump’s 50% tariff on Indian imports kicks in amid New Delhi’s Russian oil purchases, igniting a fresh trade dispute and rattling global markets.
TradePolicy
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25 Countries Freeze Mail to US Over Tax Uncertainty
25 countries have halted mail shipments to the US as new customs rules end the de minimis duty-free exemption, sending ripples through SMEs, e-commerce platforms, and consumer prices.
US Ends De Minimis Rule: Small Businesses Brace for New Import Duties
From August 29, the U.S. ends its $800 de minimis exemption, taxing all shipments under this limit. Small businesses and global sellers face higher costs and supply chain shifts.
Tariffs Push U.S. Back-to-School Costs Up 7%
Tariffs on imports from the Chinese mainland have pushed U.S. back-to-school costs up 7.3%, driving families to shop early and stretch budgets.
US Tariffs Cloud Africa’s Industrial Growth, Warns Zambian Expert
Zambian think tank leader Sydney Mwamba warns US tariffs threaten industrial growth and jobs across Africa, potentially slowing the continent’s economic momentum.
Postal Services Worldwide Suspend U.S. Parcel Deliveries Ahead of Tariff Changes
Postal services in India, Korea, Italy and other regions are suspending parcel deliveries to the U.S. from late August as the global de minimis exemption on low-value shipments ends.
300% Tariffs Threaten Global Semiconductor Supply Chain
US President Trump’s proposed 300% semiconductor tariffs could disrupt the global chip ecosystem, warns ITIF vice-president Stephen Ezell.
Trump Launches Major Furniture Tariff Probe
President Trump kicked off a Section 232 probe on furniture imports, targeting higher duties after a 7% rise in imports and job losses in U.S. wood products. What’s next?
ASEAN Reporters Explore Hainan’s Island-Wide Customs Reforms
ASEAN delegation visits Hainan to explore island-wide customs reforms as the region prepares to launch a global Free Trade Port.
Economists Say Trump’s Tariffs Won’t Cut U.S. Debt
U.S. economists warn President Trump’s tariff hikes may slow debt growth but won’t dent America’s $37 trillion debt. Revenue falls short of interest costs.