Announced on July 8, 2025, the Federation of Thai Industries (FTI) stated that the U.S.’s decision to impose a 36% import tariff on all Thai goods, effective August 1, 2025, as an anti-dumping measure, is higher than expected. This rate exceeds tariffs on regional competitors like Vietnam, Indonesia, and Malaysia, pu

Reported on July 8, 2025, beginning August 1, the U.S. will impose a 25% tariff on Malaysian-made goods as part of a broader policy targeting countries with trade imbalances. This follows an Executive Order signed by President Trump on July 7, which postpones the expiration of certain tariff rates from July 9 to Augu

On July 8, President Trump said at a Cabinet meeting at the White House that he will impose a 50% tariff on copper imports and suggested more steep sector-specific duties are coming.
“Today, we’re doing copper,” Trump said at the Cabinet meeting. “I believe the tariff on copper, we’re going to make it 50%.” He did no

The European Union is seeking to conclude a preliminary trade deal with the U.S. by July 9 that would allow it to lock in a 10% tariff rate ahead of President Trump’s new August 1 deadline for an agreement, according to a spokesperson for the European Commission.
For the EU, tariffs on nearly all its exports to the U

On July 7, Nissan informed suppliers that it will postpone the start of production of two EV crossovers at its plant in Canton, Mississippi, by ten months, citing the delay on “recent slowing EV demand in the U.S.”
A Nissan-branded crossover, codenamed PZ1K, now will begin production in November 2028, while a partner

On July 8, Ford Motor Co. said it will continue building its USD 3 billion battery plant in Marshall, Michigan, after President Trump’s newly enacted USD 3.4 trillion budget legislation retained key production tax credits that an earlier proposal by Congress would have eliminated.
“BlueOval Battery Park Michigan is o

On July 7, U.S. President Trump revealed that the United States will impose 25% blanket tariffs on imports from Japan and South Korea starting August 1.
Trump, in a pair of Truth Social posts, shared screenshots of letters apparently sent to Japanese Prime Minister Ishiba Shigeru and South Korean President Lee Jae-my

On July 6, U.S. President Trump announced on his Truth Social that “UNITED STATES TARIFF Letters, and/or Deals, with various Countries from around the World, will be delivered starting 12:00 P.M. (Eastern), Monday, July 7th.”
In a separate post, he said that “Any Country aligning themselves with the Anti-American pol

On July 5, Korea's Trade Minister Yeo Han-koo stressed Seoul's focus on maximizing "practical interests" in ongoing trade talks with the U.S., as he arrived in Washington with just days left before U.S. President Donald Trump's pause on steep tariffs expires.
Speaking to the press, Yeo noted that "all possibilities"

Within the big beautiful spend-and-tax bill passed under President Trump’s July 4 deadline were a number of automotive related items, including:
   •    Both the USD 7,500 federal EV tax credit for new lease or purchased electric vehicles will end on September 30, 2025, which is also true of the USD 4,000 credit for

On July 7, it was reported that chairman of Nissan Americas Christian Meunier said on June 27 that Nissan had suspended production of three models for the Canadian market at its Tennessee and Mississippi assembly plants while awaiting the outcome of Canada-U.S. trade talks.
Meunier said that the decision was prompted

On July 2, 2025, the General Secretary of Vietnam and the U.S. President participated in a phone conversation to advance bilateral ties and finalize a trade agreement aimed at easing reciprocal tariffs. The two sides celebrated the positive momentum in Vietnam - U.S. relations and endorsed the newly agreed framework

On July 3, it was reported that Volkswagen’s Audi will not increase prices in the U.S. in July after its sales there fell 19% in the second quarter, the sixth consecutive quarterly decline. Audi cited a challenging economic environment as well as model changeovers for the drop.
President Trump’s tariffs have raised c

South Korea will seek an extension to the 90-day pause in U.S. tariffs that is set to expire on July 9, as negotiations are likely to continue past the deadline set between the two countries, a senior South Korean trade official said on June 30.
"We will do our best to be granted by July 8 an extension to continue ne

On July 1, the Department of Trade, Industry and Competition, South Africa, announced that on the sidelines of the US-Africa Summit in Luanda, the Deputy Minister met with the US Assistant Trade Representative for Africa on June 24, 2025. 
The meeting followed South Africa's submission of a proposed Framework Deal wi

On July 1, multiple sources reported that the European Union is willing to accept a trade arrangement with the U.S. that includes a 10% universal tariff on many of the bloc’s exports, but wants the U.S. to commit to lower rates than that on key sectors including pharmaceuticals, alcohol, semiconductors and commercial

On June 30, the UK Government announced that the UK-US trade deal had come into force, slashing US export tariffs for the UK's automotive and aerospace sectors.
UK car manufacturers can now export to the US under a reduced 10% tariff quota, saving hundreds of millions annually and supporting hundreds of thousands of

On June 29 in an interview on Fox News Sunday Morning Futures, U.S. President Trump noted that among other countries including South Korea and India, that he and Japanese Prime Minister, Shigeru Ishiba have so far failed to reach a deal on tariffs. 
Trump said that with his approaching July 9 deadline, resulting from

On June 30, White House economic adviser Kevin Hassett said that the U.S. will restart trade negotiations with Canada immediately after Canada scrapped its digital services tax targeting U.S. technology firms.
Trump said on June 27 that he was ending all U.S. trade discussions with Canada because of the digital servi