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The President and the UK Prime Minister announced a trade deal, providing American companies access to the UK markets.
The trade deal will expand US market access in the UK, creating a $5 billion opportunity for new exports for US farmers, ranchers, and producers.
Additionally, the deal will create preferential access to UK aerospace components, and 10% reciprocal tariff rate on the first 100,000 UK origin vehicles per year (with the rate increasing to 25% after that threshold).
The White House Fact Sheet also states that “The United States…will negotiate an alternative arrangement to the Section 232 tariffs on steel and aluminum.”
No dates have been provided on when these actions will take effect. Click below to check out the White House Fact Sheet:
The President has issued an executive order “Further Modifying Reciprocal Tariff Rates to Reflect Ongoing Discussions with the People’s Republic of China” on August 11, 2025. This executive action falls under the International Emergency Economic Powers Act (IEEPA).
The United States has been in discussions with the PRC, and the rate has been 10% while discussions on details of a China deal have been continuing. The 10% was scheduled to expire on August 12, 2025, at 12:01 am EDT.
The Executive order notes that “The United States continues to have discussions with the PRC to address the lack of trade reciprocity in our economic relationship and our resulting national and economic concerns.” It goes on to say, “Through these discussions, the PRC continues to take significant steps toward remedying non-reciprocal trade arrangements and addressing the concerns of the United States relating to economic and national security matters.”
Because of these efforts, the President has continued the suspension of the duties until November 10, 2025 at 12:01 am.
Click below to read more:
The President has issued an executive order “Addressing Threats to the United States by the Government of the Russian Federation” on August 6, 2025. This executive action falls under the International Emergency Economic Powers Act (IEEPA).
This order addresses findings that the Government of India is currently directly or indirectly importing Russian oil. As a result, articles of India imported into the United States shall be subject to an additional ad valorem rate of duty of 25%. This will take affect on August 27 and will be in addition to the 25% reciprocal tariff that takes effect for India on August 7.
Goods that were loaded onto a vessel at the port of loading and in transit on the final mode of transit prior to entry into the United States before 12:01 am EDT on August 27, and are entered for consumption, or withdrawn from warehouse for consumption before 12:01 am EDT on September 17, 2025, the tariff will not apply.
Click below to read more:
Per the Executive Order “Amendment to Duties to Address the Flow of Illicit Drugs Across Our Northern Border” issued July 31, 2025, goods that are products of Canada, that are entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. EST on August 1, 2025, the following will be subject to additional duty rates:
All articles that are subject to the additional ad valorem rate of 25% under EC 14193 as amended, shall instead be subject to an additional ad valorem of 35%.
Check out the links below:
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