Chinese tariffs have surged to 145%. In a further escalation, China has just announced it will raise tariffs on U.S. goods from 84% to 125%, effective 12 April. These developments underscore the growing intensity of the trade dispute—yet history shows that a tit-for-tat tariff war helps no one, least of all small and medium-sized enterprises (SMEs), who often bear the brunt of rising costs and disrupted supply chains.
As of April 10, 2025, the European Union (EU) has finalized its retaliatory measures against U.S. tariffs on steel and aluminium imports. The EU's counter-tariffs are set to begin on April 15, 2025, and target approximately €21 billion ($23 billion) worth of U.S. goods. The affected products include:
In response to the United States' recent tariff hikes—including a blanket 10% tariff on all imports and specific tariffs up to 104% on Chinese goods—China has launched a suite of retaliatory trade measures. These actions have heightened the tensions between the world's two largest economies, amplifying the already precarious global economic situation.
A Chaotic Recipe for 2025
Ingredients:
1 cup of U.S. steel & aluminium tariffs
1 teaspoon of Section 232 & 301 spice
2 tablespoons of Chinese retaliatory tariffs
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Qatar Trade & Treasury Transformation Summit 2025
Date: Wednesday, 7th May 2025
Time: 10:00 A.M.
Venue: InterContinental Doha Beach & Spa
The U.S. is facing tariffs, strict immigration rules, economic uncertainty, and political instability…
In an era of shifting trade dynamics, economic uncertainty, and increasing supply chain challenges, now is the time to secure your place in a trusted global network of trade professionals. The Global Trade Professionals Alliance (GTPA) is offering a special 40% discount for new members throughout 2025.
Celebrating the largest GTR India in 2024 with an attendance of over 600 delegates, GTR is delighted to return to Mumbai once again in May 14, 2025.
Providing unmissable networking opportunities, the leading gathering of trade, supply chain and open account finance will enable delegates to connect with industry thought leaders, meet with highly esteemed exhibitors and forge new business contacts. Over 45 experts within the trade and trade finance sector will come together to explore the latest industry trends and developments as well as the challenges and opportunities ahead. The GTR team looks forward to welcoming you there!
The TradeExperettes cordially invite you to the second webinar in our new series centered on our flagship Ten “Quick Wins” report.
The upcoming “Job Interview'' practice session will occur on Wednesday, April 9th, 2025, at 09:00H EDT; 15:00H CET; 21:00H SGT.
Date: Tuesday, 8 April 2025
Time: 10:00–11:30 AM EST
Various Cabinet Ministers in the USA, speaking on the Sunday Morning Shows, have been justifying certain tariffs, but there's something profoundly unsettling about a President announcing sweeping tariffs—and then heading to the golf course.
EMTC is hosting a Save E-commerce - Save De Minims Open Forum where e-sellers, marketplaces, logistics companies, and others involved in the e-commerce industry can join an MS Teams meeting and ask EMTC leaders questions about the President's Executive Orders suspending de minimis shipments from Canada, China and Mexico as well as U.S. Customs and Border Protection's Proposed Rules on Entry of Low-Value Shipments.
The United States has long been a global economic powerhouse, influencing trade dynamics across multiple sectors. However, shifts in U.S. trade policy, economic instability, and regulatory changes create opportunities for other countries to capitalise on the evolving economic landscape. Key sectors where nations can benefit include the creative industries, education, innovation, foreign direct investment, and tourism.
GTPA will be providing further analysis on today’s global tariff announcement soon.
In the meantime, let’s take a moment to appreciate Happy Feet, the animated masterpiece from acclaimed Australian director George Miller. Consider this our placeholder announcement.
As U.S. President Donald Trump continues to wield the threat of steep tariffs on allies and key trade partners, the global economy is witnessing a significant trade and investment realignment. Countries across the world are seeking alternative trade relationships, moving beyond U.S. dominance in response to protectionist policies. The latest developments highlight the urgent need for nations to diversify their trade strategies and foster new economic partnerships.
Elevate Your Business Strategy
In today’s fast-changing global economy, businesses must stay agile and resilient. The Supply Chain and Market Diversification Plan Template is an essential tool designed to help organisations—big and small—navigate supply chain complexities and unlock new market opportunities. Whether you're looking to reduce supply chain risks, expand into new markets, or build a more sustainable business model, this template provides a structured approach to strategic growth.
Tuesday, March 25, 2025 9:00 AM - 10:00 AM
Trade and Investment Queensland invites you to join our upcoming webinar on navigating changes in the US market.
With increasing global uncertainties and evolving U.S. trade policies, businesses must proactively assess and strengthen their supply chains. Utilising the Supply Chain Diversification Toolkit, businesses can identify vulnerabilities and implement strategies to safeguard operations.
Consumer choice has always been a powerful force in shaping markets, but recent events may highlight just how influential individual purchasing decisions can be. When consumers actively research and seek products from other markets—particularly allied countries—they send a clear economic message.
The announcement of a 30-day hold on tariffs and the introduction of a 25% tariff on steel and aluminium underscore the importance of strategic trade relationships. These policies impact supply chains and pricing, reinforcing the necessity of consumer awareness when making purchasing decisions.
Trade wars, economic sanctions, and resource control have shaped global history—and Hollywood has taken notice. From intergalactic blockades to corporate monopolies, films often reflect real-world struggles over trade, industry, and economic power. Whether set in historical contexts, dystopian futures, or fictional worlds, these movies explore the consequences of economic conflict in gripping and often unexpected ways.
The ongoing trade tensions between the U.S., Canada, and Mexico have now expanded beyond traditional tariffs to include e-commerce and de minimis thresholds. With the U.S. recently imposing a 10% tariff on imports from China and 25% tariff on imports from Canada and Mexico, the impact on cross-border online shopping has intensified, raising new challenges for retailers, consumers, and policymakers.
The trade war just got real - new tariffs, supply chain disruptions, and changing regulations are shaking up how businesses import and sell.
Join our new set of meet-and-greet sessions for TradeExperettes members only. With these sessions, we aim to provide a space to get to know each other and interact in a less formal space where we can all start to create our network.
We're excited to invite you to the PIT’s First Trade Networking Event of 2025, an evening of relaxed networking and vibrant conversations at the beautiful Orient Hotel in The Rocks, Sydney. You will also enjoy a complimentary first drink upon arrival to kick off the evening!
🗓 Date: Thursday, February 27th
🕠 Time: 5:30 PM – 9:00 PM
📍 Location: Mrs Jones Terrace inside the Orient Hotel (Second floor)
The United States has taken a significant step forward in customs compliance education with the launch of the new LCB Customs Program. This initiative, endorsed by the EMTC and GTPA, sets a new benchmark for customs education, ensuring professionals and organizations are equipped with the knowledge and skills to excel in today’s complex trade environment.
Are you interested in carving a career in international trade? Have you just started on your professional path in this field? Are you looking to receive valuable guidance from more experienced members of TradeExperettes to help you develop a career pathway that can best serve your interests and needs?
WTO members have agreed that the organization’s 14th Ministerial Conference (MC14) will take place from 26 to 29 March 2026 in Cameroon. The dates were endorsed at a 16 December meeting of the WTO's General Council.
The General Council Chair, Ambassador Petter Ølberg of Norway, has welcomed the “significant progress” made in the ongoing negotiations on dispute settlement reform, which is taking place under the purview of the General Council. He said he would be consulting with members early next year on how to further advance the reform work. Speaking at the last General Council meeting of the year on 16-17 December, Ambassador Ølberg thanked Ambassador Usha Dwarka-Canabady of Mauritius for her important contributions as facilitator of the talks over the past six months.
On 13 December 2024, the World Health Organization (WHO), the World Intellectual Property Organization (WIPO) and the WTO held the 11th Trilateral Technical Symposium titled “Strengthening manufacturing capacities to respond to the noncommunicable diseases burden.” The event underscored the importance of strengthening production and its diversification through initiatives that promote innovation and enhance access to health technologies. It focused on the global health burden caused by non-communicable diseases (NCDs), and the role that trilateral partners can play in this regard.
The Asian Development Bank (ADB) and the WTO Secretariat have jointly launched a database on trade in critical minerals to enhance transparency regarding these minerals and to support the clean energy transition. The database provides information on trade flows, allows visualizations of trade networks and specialization patterns and compiles data on tariffs and other trade policies for 250 critical minerals and related products across value chains.
Step into Marbio, Morocco's first biotech company, leading the charge to achieve vaccine independence for both Morocco and Africa. Discover how its focus on vaccine production, technology transfer, and capacity building is paving the way for a healthier, more resilient future for the continent. Marbio’s efforts are transforming healthcare, empowering local talent, and promoting equitable global trade.
In the world of geopolitics and economics, trade policy is typically guided by consistent principles, clear objectives, and a recognition of long-term consequences. But when it comes to Donald Trump’s trade policy, such logic falls apart. Attempting to understand his approach—rooted in unpredictability, contradictory actions, and rhetoric over substance—becomes an exercise in futility. Here’s why.
Since Brexit, the UK has sought to forge a "Global Britain" narrative, looking beyond Europe to strengthen trade ties with the rest of the world. A key focus has been on enhancing trade with the United States. While the USA is an attractive market due to its size and economic power, the complexities, costs, and challenges of doing business there make the EU a more practical and profitable focus for UK businesses. Here’s why.
Members should not lose time on process and swiftly resume substantive talks in the new year, said the Chair of the agriculture negotiations, Ambassador Alparslan Acarsoy of Türkiye, in year-end meetings on 4 December.
WTO states that global action needed to make trade inclusive for persons with disabilities.
Diversifying supply chains is essential for SMEs looking to reduce risks and ensure the longevity of their operations.
CBP issued the final Federal Register Notice on November 1, 2024 with the critical dates for this program.
ESG and sustainability have become dominating issues in the world economy. But ESG regulation is evolving and to date no internationally recognised standards have emerged. This presents a huge challenge for banks, which are struggling to integrate ESG into their risk management framework. The challenge is especially acute for commodity trade finance, which is exposed to multiple ESG risks that are poorly understood. And with compliance and reporting standards strengthening by the day, the banks that finance commodity trade need to overhaul their risk management approach urgently.