`customs-duties` Related Article Results

The 2025 tariffs are a series of measures initiated by President Donald Trump of the United States of America (USA) that have significantly influenced international trade policies. Implemented at the beginning of 2025, these tariffs were announced on grounds of national security, reducing the trade deficit, protecting domestic production, and combating law smuggling and migration trafficking narcotic. These tariffs have affected Türkiye’s largest trading partners including Canada, Mexico, China,

The Donald Trump administration introduced new customs duties targeting numerous countries through a presidential proclamation titled “Further Modifying the Reciprocal Tariff Rates,” which was signed on July 31, 2025. These new regulations are a continuation of the “Liberation Day” tariffs announced on April 2, 2025, and have comprehensively redefined the differentiated tax rates applied to countries with which the U.S. has a trade deficit. Under the new tariff regime, special tax rates have bee

The Trump administration introduced a number of new customs duties on 31 July 2025 through Presidential Proclamation titled “Further Modifying the Reciprocal Tariff Rates”. These measures constitute a continuation of the “Liberation Day” tariffs announced on 2 April 2025 and comprehensively redefine differentiated tariff rates applied against countries with trade deficits. Under the new tariff regime, special tariff rates have been set for 69 countries ranging from 10% to 41%. A universal tariff

A commercial and economic agreement signed on 12 May 2025 between the United States of America and the People’s Republic of China, providing for the temporary reduction of mutual customs duties. The agreement was signed following negotiations held in Geneva Switzerland on 10–11 May 2025. The United States delegation was led by Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer while the Chinese delegation was headed by Deputy Prime Minister He Lifeng. Under the agreement ta