
President Trump has signaled that the United States and India are “pretty close” to reaching a trade deal, an unexpected development given the recent frictions and policy divergences between the two countries. India’s Ministry of Commerce declined to comment on Tuesday, November 11th, but Trump’s remarks suggest that tariff relief could be on the horizon.…

Author: Maria Pechurina, Director of International Trade It is Tuesday, November 4th, and the 100% tariff on China we so feared (did we, though, after so many empty threats?) is nowhere to be seen. The internet is exploding with images of President Trump decked out in CCP gear and saluting Chairman Xi, with the recent…

Wall Street’s Tariff Refund Trade: A Billion-Dollar Bet on Judicial Reversal and Presidential Power In an unprecedented fusion of trade law, financial speculation, and constitutional brinkmanship, Wall Street firms are now buying up the rights to tariff refunds from U.S. importers wagers that hinge on the Supreme Court striking down President Trump’s emergency tariffs. This…

A balancing act between giants – leveraging opportunities with the US, EU and China while defending domestic industrialization priorities Author: Maria Pechurina, Director of International Trade @ Peacock Tariff Consulting Indonesia has quickly emerged as a dynamic hot-spot for global supply chain reshuffling, successfully balancing its relationships with the US, EU, and China while prioritizing domestic industrialization…

Author: Maria Pechurina, Director of International Trade @ Peacock Tariff Consulting Status Quo: US-India Deeply Intertwined & Complex Trade Relationship Before the recent tariff escalations, the U.S. and India shared a robust and growing bilateral trade relationship. In 2024, total trade reached approximately $212.3 billion, an 8.3% increase from the previous year, signifying a good…

A Global Power Shift in Motion The year 2025 marks a pivotal moment in the evolution of global commerce. The United States, once the undisputed leader in international trade, has triggered a dramatic reordering of supply chains by imposing sweeping tariffs on Chinese imports. The elimination of the de minimis exemption previously allowing goods under…

Tariffs have re-emerged as a powerful tool in global trade policy, reshaping the cost structures of countless companies. As governments impose import taxes to protect domestic industries or retaliate in trade disputes, businesses are left grappling with higher costs many of which are inevitably passed on to consumers. From retail giants like Walmart and Target…

In a high-stakes moment for global trade diplomacy, China’s top trade negotiator, Vice Minister of Commerce Li Chenggang, has arrived in Washington, D.C., for a series of strategic meetings with senior U.S. officials. The visit marks a renewed effort by Beijing to stabilize its economic relationship with the United States amid mounting tensions, particularly surrounding…

In a sweeping and consequential decision, the U.S. Court of Appeals for the Federal Circuit has ruled that most of President Donald Trump’s global tariffs were unlawfully imposed under the International Emergency Economic Powers Act (IEEPA). The 7–4 ruling, delivered in late August 2025, marks a dramatic turning point in the ongoing debate over presidential…

Author: Maria Pechurina, MA, Director of International Trade @ Peacock Tariff Consulting Introduction Last year, over 4 million packages entered the United States under the De Minimis exemption, with a trade value of roughly 1 billion USD. Just a decade ago, that figure stood at 140 million USD, a staggering increase tied mainly to e-commerce and…