Consultations request circulated on Thursday targets both the 25 per cent country action and the 12.5 per cent forced-labour tariff, which together lift duties on some Brazilian goods to 37.5 per cent.
Author Archives: PolicyTrader
Posted inThink Tank News
PIIE: How Trump’s 2025 trade war affected US-China decoupling
US import sourcing shifted rapidly away from China for tariff-exempt electronics such as smartphones and laptops, as multinationals quickly pivoted to India and Vietnam, but reorientation was slower for non-exempt goods like clothing and footwear.
Posted inTrade Policy
US drops Scotch whisky tariffs to zero under UK trade deal
The US has eliminated tariffs on whisky from the UK with effect from July 24, restoring duty-free access to the Scotch industry’s largest export market under the agreement reached during the King’s state visit to Washington in April.
Posted inThink Tank News
Brookings: Export restrictions don’t solve scarcity, they redistribute it
Export restrictions imposed during supply disruptions do not resolve scarcity but shift it onto import-dependent countries, amplifying global price increases and eroding confidence in international markets as a source of resilience.
Posted inThink Tank News
ASPI Strategist: The Quad is still treating critical minerals as a mining problem
The Quad’s critical minerals framework correctly identifies supply-chain vulnerabilities but remains too focused on extraction rather than the processing capacity, market mechanisms, and industrial coordination that underpinned China’s strategic dominance.
Posted inTrade Policy
Canada and UAE conclude trade pact talks eight months after launch
Canada and the United Arab Emirates have concluded negotiations on a comprehensive economic partnership agreement, closing out in roughly eight months what Ottawa described as among the fastest trade negotiations it has ever completed.
Posted inTrade Policy
Philippines concludes first Latin American trade deal with Chile
Manila and Santiago have wrapped up negotiations on a comprehensive economic partnership aimed at securing copper for the country’s electronics industry
Posted inThink Tank News
Atlantic Council: What the latest US sanctions bill means for Russia
The bipartisan Sanctioning Russia Act, which would impose sweeping new sanctions and tariffs on major buyers of Russian oil, carries significant risks if implemented without careful calibration, particularly regarding its effects on China, India, and Iran.
Posted inThink Tank News
Atlantic Council: Ukraine-Turkey free trade agreement poised to enter into force
The ratification of the Ukraine-Turkey free trade agreement creates a framework that could support Ukraine’s reconstruction, deepen integration into European supply chains, and strengthen a broader strategic partnership between Kyiv and Ankara.
Posted inThink Tank News
ISEAS: Three views on the US-Indonesia reciprocal trade agreement
The US-Indonesia Agreement on Reciprocal Trade is widely viewed as asymmetrical, with Indonesia accepting broad commitments that could constrain its future policy space in industrial policy, digital regulation, and strategic trade governance in exchange for protected access to the US market.