On December 31, 2025, President Trump signed a Proclamation delaying tariff increases on imported upholstered furniture, kitchen cabinets, and vanities. Current 25% tariffs will remain through 2026, with increases now scheduled for January 1, 2027, while trade negotiations with international partners continue.
Canada has introduced measures to support its steel and lumber industries, including a 25% tariff on certain steel products, reduced freight rates, homebuilding initiatives, and financial aid. On December 12, 2025, steel TRQs under item 82 were updated. The Q3 period starts December 26, with permit applications accepted 15 days prior.
The USTR has announced Section 301 tariffs on Nicaraguan imports due to labor rights, human rights, and rule of law concerns. Effective January 1, 2026, tariffs will phase in over two years for goods not originating under the CAFTA-DR agreement, starting at 0% in 2026 and increasing to 15% by 2028. These measures will stack with existing trade remedies, including the 18% Reciprocal Tariff. Importers should review CAFTA-DR eligibility and plan for compliance with new trade regulations.
Have your say on CBSA’s Valuation for Duty Regulations! Canadian importers are invited to provide feedback on revised amendments to the Valuation for Duty Regulations, ensuring fair and clear rules for importing goods into Canada. Participate by email or survey before January 23, 2026, and help shape regulations that impact import compliance, duty valuation, and trade competitiveness.
Canada released Customs Notice 25-30 detailing how importers can claim duty and tax relief on goods tied to the 2026 FIFA World Cup. The update sets rules for temporary and permanent imports, documentation, eligibility, and new CARM authority codes.
The White House expanded U.S. tariff exemptions for agricultural products on November 14, 2025. CBP guidance covers 237 HTSUS classifications and 11 additional categories, including tropical fruits, acai, coconut water, and baked goods. Importers must use designated subheadings for smooth compliance.
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%.
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.
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