Topic
Section 232
Trade ANPACT warns tariffs threaten truck trade as Mexico heavy-duty exports surge
Mexico heavy-duty truck exports rose 66.7% year over year to 13,117 units in July, while production climbed 51.8%, according to INEGI and ANPACT data. ANPACT warned that Section 232 tariffs and rising used-vehicle imports threaten truck trade and urged preservation of USMCA rules.
Trade Trump Imposes New 50% Tariffs on $20 Billion in Canadian Imports Using Section 338
President Trump on Monday announced new 50% tariffs on roughly $20 billion worth of Canadian imports using Section 338 of the Tariff Act of 1930. The duties, effective in 30 days, target Canadian goods after allegations of discrimination against U.S. autos, dairy, and alcohol. Exemptions include energy, critical minerals, and products already covered under Section 232.
Trade Five Times India and US Trade Talks Stalled but Eventually Found Common Ground
The June 24 trade talks in New Delhi between US Trade Representative Jamieson Greer and Commerce Minister Piyush Goyal ended without a breakthrough. However, history shows that India and the United States have repeatedly resolved sharp disagreements on intellectual property, food security, and tariffs through sustained diplomacy.
Trade Indian Exporters See US Enquiries Rise but Order Conversions Lag Amid Tariff Uncertainty
Indian exporters of chemicals, textiles, carpets and leather goods are seeing increased enquiries from US clients, but orders remain low due to uncertainty over Section 301 tariffs and US policy unpredictability. The 10% US tariffs expire on July 24, while trade negotiations continue and additional duties are proposed.
Trade 'Fastest we've ever put a trade deal into force': British High Commissioner to India Lindy Cameron hails India-UK trade deal
British High Commissioner to India Lindy Cameron announced that the India-UK free trade agreement will enter into force on July 15, 2026, less than a year after signing. The deal, dubbed the fastest ever put into force by the two nations, will provide duty-free access to 99% of Indian exports and reduce tariffs on British Scotch whisky from 150% to 40%. It aims to double bilateral trade to $100-$120 billion by 2030.
Trade Flexport: New Tariff Wave Could Replace Expiring Trade Duties by Late July
According to FreightWaves, Flexport executives warned that a new round of tariffs, including proposed Section 301 forced-labor duties, could replace expiring Section 122 tariffs by July 24. The comments came during Flexport's 'Tariff Trends 2026' webinar, where customs director Marcus Eeman outlined potential tariff changes, USMCA challenges, and legal battles ahead.