Category: Uncategorized
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48 Hours That Shook Global Trade: The Tariff Avalanche of July 31–August 1, 2025 Summary Introduction: A Global Economic Shockwave In the span of just two days, the world watched the economic compass spin wildly as former U.S. President Donald Trump executed a sweeping trade overhaul. On July 31 and August 1, 2025, the United…
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Trump’s Tariffs on Canada: A New Trade Flashpoint On July 31, 2025, President Donald Trump signed an executive order officially raising tariffs on Canadian goods entering the United States from 25% to 35%, effective August 1. This move marks a significant escalation in trade tensions between the two countries and has already sent ripples through…
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U.S. Trade Policy Overhaul: Tariffs on Brazil and South Korea, and the End of De Minimis The United States has initiated a sweeping transformation of its trade policy under President Donald Trump, marking a decisive pivot toward economic nationalism and protectionism. This shift includes the imposition of steep tariffs on Brazil and South Korea two…
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If countries like India, Canada, Mexico, Brazil, South Korea, and Taiwan don’t finalize trade agreements with the U.S. by August 1, they’ll face steep tariffs ranging from 25% to 50%. These tariffs will apply to a wide range of goods, including: The U.S. will also begin collecting these tariffs immediately, with no further grace period.…
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Can the U.S. Department of State – European Union Trade Pact Spark a Transatlantic Business Renaissance? The newly signed U.S.–EU trade agreement marks a seismic shift in global commerce. With a 15% flat tariff on most EU exports to the U.S., and zero tariffs on U.S. goods entering the EU, the deal unlocks unprecedented opportunities…
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The U.S.–EU trade deal locks in a uniform 15% tariff on all EU-origin goods entering the United States and eliminates duties on every American export bound for the 27-nation bloc. In return, the EU commits to purchasing $750 billion in U.S. energy products, investing $600 billion across U.S. infrastructure and technology projects, and streamlining defense…
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In a landmark ceremony at Chequers, UK Prime Minister Keir Starmer and Indian Prime Minister Narendra Modi signed a £6 billion free trade agreement, concluding over three years of negotiations. This pact is the largest trade deal Britain has signed since Brexit, and it signals a bold pivot toward high-growth economies and strategic alliances. Summary:…
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India–Bangladesh Textile Pact of July 20, 2025: A Strategic Stitch in South Asian Trade Relations On July 20, 2025, India and Bangladesh signed a landmark bilateral trade agreement focused on textiles and jute, marking a significant shift in regional economic cooperation. The pact includes India’s decision to lower duties on Bangladeshi garments, a move welcomed…
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U.S.–China Trade Truce: A Strategic Pause in a Global Economic Chess Match On July 21, 2025, the United States and China two titans of global commerce announced a 90-day trade truce, formalizing terms negotiated in Geneva earlier that year. This agreement, while temporary, represents a critical inflection point in a trade war that has reshaped…
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From Steel to Pharmaceuticals: UK–Vietnam Trade Enters a New Era As the global economy shifts and countries redefine their partnerships, the United Kingdom and Vietnam have taken a decisive step forward. On July 18, 2025, a landmark agreement saw the UK lower tariffs on Vietnamese steel and electronics, while Vietnam began granting broader access to…