The U.S. confirmed tariff changes on South Korean goods under the U.S.–Korea Strategic Trade and Investment Deal. Tariffs on automobiles and parts are retroactive to Nov. 1, 2025, while other goods take effect Nov. 14. Duties under 15% are capped at 15%, with higher rates unaffected. Update - Changes to Reciprocal Tariff HTS number for reporting 15% duty .
The U.S. and U.K. reach a pharmaceutical trade agreement. U.K. drugs and medical technology are exempt from U.S. tariffs, while the U.K. increases payments for new medicines. The deal strengthens supply chains, encourages investment, and supports fair pricing for American patients.
CBP implements enhanced ACAS requirements for air cargo shipments, introducing new mandatory and conditional data elements. The Verified Known Consignor program provides trusted trade partner benefits. A one-year compliance period allows filers to adjust. Guidance is available via CBP.gov.
On Nov. 20, 2025, the White House removed Brazil tariffs on beef, coffee, and other Brazilian agricultural products previously subject to a 40% levy. CBP confirms 238 HTSUS codes and 11 additional product categories are now removed from the tariff list, effective Nov. 13.
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.
The U.S. and Guatemala agreed on a trade framework to strengthen CAFTA-DR. Guatemala will reduce trade barriers, improve regulations, enforce IP and labor standards, support digital trade, and the U.S. will remove tariffs on qualifying Guatemalan exports.
The U.S. and El Salvador agreed on a new reciprocal trade framework that expands cooperation under CAFTA-DR. The deal removes key barriers, supports digital trade, strengthens labor and environmental standards, and sets the stage for tariff adjustments once the agreement takes effect.
The U.S. and Ecuador agreed on a reciprocal trade framework to expand market access, reduce tariffs, address non-tariff barriers, and enhance labor, environmental, and digital trade standards while strengthening economic and national security cooperation.
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 U.S. imposed a 25% tariff on imported automobiles, light trucks, and key parts under Section 232 to strengthen domestic manufacturing. On October 31, 2025, CBP released guidance detailing duty offset procedures for eligible importers, outlining how to file claims through the Automated Commercial Environment (ACE).
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