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Trade Updates
We’re more than just a customs broker – we’re knowledge leaders. Stay compliant with Customs, and save on your bottom line with recent trade updates.
Section 301 Forced Labor Tariffs on 60 Economies, Effective July 24 (CBP Guidance Available)
Section 301 tariffs on 60 economies takes effect July 24, 2026, at rates of 10 to 12.5 percent. Canada's rate is 10 percent, with a USMCA exemption. U.S. Customs and Border Protection (CBP) has issued entry filing guidance covering HTSUS numbers, general and country-specific exemptions, and the reporting order for entries.
U.S. Tariff-Rate Quotas (TRQs) for 2027
Starting mid-2026, the U.S. began releasing tariff-rate quota (TRQ) bulletins for the 2027 cycle through CBP and USTR. This page tracks quota periods, opening dates, country-specific allocations, and first-come, first-served limits across affected commodities, and will be updated as additional bulletins are released throughout the year.
U.S. and Jordan Sign New Reciprocal Trade Agreement
The U.S. and Jordan signed a new reciprocal trade agreement on July 21, 2026, building on the 2000 Free Trade Agreement, with new rules on forced labour, customs modernization, digital trade, and national security cooperation. Jordan has also committed to new US investments, including aircraft purchases and Hikma Pharmaceuticals' $1 billion investment.
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