What Happened This Month in International Trade (July 2026)
Another busy month in international trade news. Here’s the roundup:
Administration:
- President Trump issued a Proclamation establishing an incentive for companies that are expanding primary aluminum production in the US, allowing them to import primary aluminum at a reduced tariff rate.
- On July 20, 2026, the White House announced that the United States will impose an additional 50% tariff on many Canadian-origin products beginning 30 days after the order’s issuance.
- President Trump announced via Truth Social that the Administration will initiate a 301 investigation into the European Union for excessive fines against American tech companies.
- President Trump announced via Truth Social that effective August 1st, 2026, all Generic Drugs being brought into the United States will continue to have a 0% tariff for a two-year period of time, after which the tariff will be raised to 100% for one year, and 200% thereafter.




