During the APEC 2025 meeting, Presidents Trump and Xi reached a landmark trade deal to rebalance U.S.-China economic relations and expand market access. On Nov. 4, the White House issued Executive Orders formalizing the agreement. Most recently, a CBP guidance on Nov. 7 confirmed the updated tariff rates, including the suspension of reciprocal tariffs and the reduction of fentanyl-related duties to 10%.
GHY International partners with Europe’s Customs Support Group to provide seamless, cross-border customs brokerage and trade compliance solutions. This strategic collaboration enhances global trade efficiency, offering expert guidance and integrated digital support for businesses navigating complex international regulations.
GHY International’s acquisition of W.G. McKay is about continuity, care, and collaboration—blending two legacies with 235 years of combined customs brokerage experience. Clients can expect the same trusted team and processes, now supported by broader resources, smarter tools, and a shared commitment to excellence. Together, we’re reinforcing a standard of service that keeps trade moving with precision and accountability.
CBP issued updated guidance on Sept.15, 2025, implementing the U.S.–Japan agreement, securing $550B in investment and applying a 15% baseline tariff on autos and parts. In a new Fact Sheet, the White House outlines Japan’s Critical Minerals and Rare Earths Framework and targeted investments in energy, AI, electronics, manufacturing, and U.S. supply chains.
The United States and Cambodia finalized a Reciprocal Trade Agreement removing tariffs on all U.S. goods and improving market access. The deal covers digital trade, IP protection, customs modernization, and labor and environmental standards, marking a major step in strengthening U.S.–Cambodia trade ties.
The U.S. and Malaysia have reached a reciprocal trade agreement to expand market access for exporters, streamline tariffs and regulations, enforce labor and environmental standards, strengthen digital trade and IP protections, and open commercial opportunities across sectors including aerospace, energy, and critical minerals.
The U.S. and Vietnam agreed on a Reciprocal Trade Framework to expand market access, reduce trade barriers, and enhance bilateral economic cooperation. Thailand will eliminate tariffs on about 99% of U.S. goods, while the U.S. will maintain a 19% reciprocal tariff rate and apply zero tariffs on select Thai-origin products.
The U.S. and Thailand have agreed on a new reciprocal trade framework to enhance economic ties. Thailand will remove tariff barriers on approximately 99% of goods, covering nearly all categories of U.S. industrial and agricultural exports., while the U.S. maintains 19% reciprocal tariff rate on Thai-origin goods.
The U.S. Trade Representative has launched a Section 301 investigation to assess China’s adherence to the Phase One Trade Agreement. The review will determine compliance, gather public input, and consider future trade enforcement actions based on findings.
GHY International has acquired W.G. McKay, uniting two trusted Canadian customs brokerage leaders. With 235 years of combined expertise, this partnership strengthens trade compliance and ensures efficient cross-border solutions for businesses in Canada and the U.S.
Established in 1901, GHY International is a leading trade and brokerage services provider that offers acclaimed support and guidance to North American companies that trade internationally.
Proud to partner with Canadian Manufacturers & Exporters.
Copyright © GHY International | Geo. H. Young & Co. Ltd.