What Happened This Month in International Trade (July 2025)
Another busy month in international trade news. Here’s the full roundup:
Administration
- President Trump announced a trade deal with Japan. A 15% tariff rate will apply to all Japanese imports. Japan also committed $550B to invest in U.S. industry.
- President Trump announced a trade deal with the Philippines. A 19% tariff rate will apply to all Philippine imports.
- President Trump announced a trade deal with the EU. A 15% tariff will apply to most EU imports.
- President Trump announced a trade deal with Indonesia. A 19% tariff rate will apply to all Indonesian imports.
- President Trump announced that Korea has agreed to a trade deal that will include a 15% tariff on all Korean imports.
- President Trump signed an Executive Order imposing an additional 40% duty on certain imports from Brazil.
- President Trump announced that a 50% tariff on copper imports will take effect on August 1, 2025.
- The White House released a Fact Sheet announcing that the de minimis exemption will end on August 29 for all imported […]


