Trade Updates2025-04-03T17:17:19+00:00

Trade Updates

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U.S. Agricultural Tariff Exemptions Updated – Effective Nov. 13, 2025

November 17th, 2025|International Trade Issues, Risk Management, Trade Compliance, U.S. Customs|

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.

U.S. and China Reach Landmark Trade Deal (CBP Guidance Available)

November 8th, 2025|International Trade Issues, Risk Management, Trade Compliance, U.S. Customs|

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%.

Blending Legacies with Care: How GHY International and W.G. McKay Unite Around People and Service

November 6th, 2025|GHY Messages|

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.

U.S.–Japan Agreement (Critical Minerals and Investment Updates)

October 29th, 2025|International Trade Issues, Trade Compliance, U.S. Customs|

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.

U.S. and Malaysia Reach Agreement on Reciprocal Trade

October 27th, 2025|International Trade Issues, Risk Management, Trade Compliance, U.S. Customs|

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.

U.S. and Vietnam Agree to a Framework for Reciprocal Trade Agreement

October 27th, 2025|International Trade Issues, Risk Management, Trade Compliance, U.S. Customs|

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.

U.S. and Thailand Reach Framework for Reciprocal Trade Agreement

October 27th, 2025|International Trade Issues, Risk Management, Trade Compliance, U.S. Customs|

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.

Canada Extends Tariff Relief for Affected Businesses

October 17th, 2025|Canada Customs, Canada Imports, Canada Surtax, International Trade Issues, Risk Management, Trade Compliance|

Canada has extended tariff relief measures to support businesses impacted by U.S. and China trade countermeasures. The new Remission Order (2025-1), effective October 15, 2025, expands exemptions for manufacturers, agriculture, and public sector imports while extending key deadlines to December 15, 2025. Importers can access CBSA’s Duties Relief and Duty Drawback Programs for tariff refunds and remission claims.

Canada Introduces Bill C-12 to Strengthen Border Security and Immigration System

October 10th, 2025|Canada Customs, Canada Imports, International Trade Issues, Risk Management, Trade Compliance|

Canada introduces Bill C-12 to strengthen the country’s border security and immigration system. It aims to combat illegal fentanyl, organized crime, and enhance asylum processing, export inspections, and law enforcement collaboration to protect Canadians and keep communities safe.

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