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Trade compliance teams are once again at the forefront of significant policy shifts, as a broad set of new U.S. tariffs officially takes effect. The updated import measures impose higher duties—ranging from 10% to 50%—on goods from more than 60 countries and the European Union.

President Donald Trump has once again turned to tariffs to bolster one of America’s oldest industries. This time, he’s doubling down—literally. On Tuesday, Trump signed an executive order raising tariffs on imported steel and aluminum from 25% to 50%, with the new rates taking effect just after midnight Wednesday.

In a major development in the ongoing U.S.-China trade dispute, both countries have agreed to a 90-day pause on most of the tariffs they’ve imposed on each other in recent months — a temporary truce aimed at cooling one of the world’s most consequential economic conflicts.

In a dramatic shift, President Donald Trump announced Wednesday that he is temporarily slashing tariffs on imports from most U.S. trade partners to 10% for the next 90 days, opening the door for negotiations with dozens of nations. The move comes just hours after heightened tariffs—dubbed “reciprocal”—went into effect on

China has fired a major shot in the escalating trade war with the United States, slapping steep new tariffs on American goods in direct retaliation to President Donald Trump’s latest round of import taxes.

President Donald Trump has unleashed a sweeping wave of new tariffs on nearly all U.S. trading partners, imposing a staggering 34% tax on imports from China and a 20% levy on goods from the European Union. This aggressive move threatens to upend the global economy, dismantle long-standing trade relationships, and