Tag: United States
-
The global economy has entered a new phase of strategic recalibration, and nowhere is this more evident than in the shifting corporate footprints across North America and Europe. Since January 2025, a fresh wave of tariffs primarily imposed by the United States has triggered a cascade of decisions by multinational companies to relocate operations, restructure…
-
The beauty industry often seen as resilient and trend-driven is now facing a less glamorous challenge: tariffs. As global trade tensions intensify, beauty brands are grappling with rising costs, disrupted supply chains, and shifting consumer behavior. From luxury skincare giants to indie makeup startups, the impact is widespread and growing. Here’s a comprehensive look at…
-
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…
-
Author: Maria Pechurina, MA, Director of International Trade @ Peacock Tariff Consulting Executive Summary: De minimis is widely criticized as a “trade loophole” that lets goods enter duty-free, even if tariffs (e.g., 145% import tariff against China) or national security duties apply. CBP says the exemption is “built on a false premise that low value means…
-
Author: Maria Pechurina, MA, Director of International Trade @ Peacock Tariff Consulting US Tariffs & Malaysia’s Economic Impact The 24% US tariffs, announced in April 2025, hit Malaysia, which is a popular location for Chinese transshipment, hard. These trade challenges manifested in the key export-led industries such as palm oil, electronics and solar panels, further tightening…
-
In the wake of escalating global trade tensions and sweeping tariff reforms, the United States has undergone a significant transformation in its import strategy. From 2024 to 2025, U.S. importers have increasingly pivoted away from countries burdened by high tariffs such as China, India, and Brazil and toward duty-free partners like Mexico, Canada (under USMCA),…
-
Recent Developments On July 15, Canada’s federal cabinet convened to formulate its response after U.S. President Donald Trump announced a 35 percent tariff on Canadian imports, set to commence August 1. Prime Minister Mark Carney signaled that a “tariff-free” outcome was unlikely and acknowledged the prospect of enduring sector-specific levies. The new 35 percent rate…
-
Author: Maria Pechurina, MA, Director of International Trade @ Peacock Tariff Consulting Earlier in 2025, on St. Patrick’s Day, US President Donald J. Trump lamented that Ireland, a “beautiful island of just 5 million people, has got the entire US pharmaceutical industry in its grasp.” In America’s pursuit of self-sufficiency, its overwhelming reliance on foreign…