U.S. to Raise Tariffs on Chinese Semiconductor Imports in 2027

Trump Admin. Delays China Chip Tariffs Until 2027 Amid Trade Truce

The USTR announcement sets an initial tariff rate of zero percent, effective December 23, 2025, with the rate scheduled to increase June 23, 2027, to be announced at least 30 days prior. China responded it remains opposed to the "abuse of tariffs."

U.S. Threatens to Use 'Every Tool' Against EU Digital Tax, Names SAP, Siemens as Potential Targets

The Trump administration is reportedly preparing an investigation under Section 301 of the Trade Act of 1974 that would allow the government to impose trade remedies, including tariffs.

Britain Agrees to Raise NHS Drug Spending 25% in Exchange for U.S. Tariff Exemption

Britain will boost medicine spending by 25% and cap rebates drugmakers pay to the NHS at 15%, down from approximately 23%. The agreement could cost the NHS an estimated additional £3 billion annually.

Indian Commerce Chief Eyes Trade Deal to Lower U.S. Tariffs by Year-End

India's Commerce Secretary Rajesh Agrawal said both sides are "very close" to reaching a deal, with most issues now resolved.

Canada to Impose Extra Levies to Protect Steel Industry from Trump's Tariffs

Canada also announced C$1 billion in support for the lumber industry and tightened quotas on steel imports from non-free trade agreement countries.

Canada to Impose New Tariffs on Steel Products to Shield Industry From Trade War Fallout

S. Korea's Ruling Party to Propose Bill Boosting U.S. Investments Under Trade Deal

South Korea to Boost EV Subsidies by 20% to Offset Impact of U.S. Tariffs

U.S. to Lift Tariffs on Select Latin American Imports to Ease Food Prices