I wanted to start this short week with comparing new tariffs vs. old tariffs for May 20, 2025, across multiple countries, including the exporting country: For anything not listed here please contact us and we can add an or send to you. Importing Country Exporting Country Product Category Old Tariff (Before May 20, 2025) New…
United States Tariff Adjustments On May 19, 2025, the U.S. government reaffirmed several tariff policies and introduced new measures affecting imports from various countries. Retail Price Impact Trade War Effects Ontario’s Budget Response Canada’s Tariff Adjustments Canada reaffirmed its preferential tariff treatments for countries with free trade agreements, including the USMCA and CPTPP. Grocery Price…
United States Tariff Adjustments On May 18, 2025, the U.S. government reaffirmed several tariff policies and introduced new measures affecting imports from various countries. IEEPA Tariffs Section 232 Duties on Steel and Aluminum Universal Tariffs Auto Tariffs De Minimis Elimination China’s Tariff Adjustments China responded to U.S. trade policies with its own tariff measures. Retaliatory…
The Age of Trade and Protectionism Tariffs—taxes imposed on imported goods—have played a critical role in shaping economies, protecting industries, and influencing international relations. Though often seen merely as tools of economic policy, their history is deeply interwoven with nationalism, industrialization, war, and diplomacy. For centuries, major world powers have struggled to balance protectionism and…
The EU’s Expanding Global Trade Influence The European Union (EU) remains one of the most powerful economic blocs in the world, shaping international trade policies, negotiating tariffs, and securing strategic alliances across multiple continents. Over the last 30 days, the EU has been particularly active, signing multiple high-profile trade agreements with key global partners such…
The Evolving Trade Landscape Between the U.S. and the Middle East The United States and Middle Eastern nations have long maintained strategic trade partnerships, driven by energy exports, defense agreements, technology investments, and infrastructure development. On May 15, 2025, several major trade deals were signed, reinforcing economic ties between the U.S. and key Gulf states,…
The United Kingdom has long been a key player in international trade, shaping economic policies through bilateral agreements, European partnerships, and global market strategies. Since Brexit, the UK has pursued independent trade deals, strengthening relationships with the U.S., China, India, and Middle Eastern nations. The May 14, 2025 tariff updates mark a significant shift in…
Germany, as Europe’s largest economy, plays a critical role in shaping international trade policies. Whether through European Union negotiations, direct trade agreements, or global financial market influence, Germany is a powerhouse in industrial exports, technological innovation, and economic diplomacy. The May 13, 2025 tariff updates have brought new trade dynamics, as Germany strengthens partnerships with…
. Tariff policies are central to global trade, influencing economic stability, supply chains, industry growth, and diplomatic relations. In the latest May 13, 2025 tariff updates, the world’s largest economies—including the United States, China, and Middle Eastern nations—have enacted key trade modifications that will shape commerce for years to come. These tariff adjustments reflect a…
The relationship between the United States and China has long been defined by economic competition, trade negotiations, and tariff disputes. Over the past few decades, both nations have enacted significant tariff policies, often as tools of political leverage, economic protection, or geopolitical strategy. On May 12, 2025, key tariff updates mark another turning point in…