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United States president Donald Trump raises the global tariff on imports from 10% to 15% under emergency powers that permit the measure for up to 150 days after the Supreme Court ruled yesterday that a 1977 law does not authorize the imposition of his earlier country-specific tariffs. The administration states that the new rate applies broadly, with exemptions for certain sectors and goods covered by existing trade agreements.
2026-02-21

South Korea and the United States reach a trade agreement that places a 15% tariff on U.S. imports from South Korea. South Korea also promises to invest US$350 billion into American biotech, semiconductors, and shipbuilding over an unspecified time.
2025-07-31

U.S. president Donald Trump and European Commission president Ursula von der Leyen announce a trade deal that would set a reciprocal 15% tariff on all exports and promise to boost European Union investment into the U.S. by $600 billion. The EU also promises to purchase $750 billion in American energy products over an unspecified period of time.
2025-07-27

U.S. president Donald Trump says the implementation of 50% tariffs on all goods imported from European Union countries will be postponed until July 9.
2025-05-26

U.S. president Donald Trump announces the implementation of 50% tariffs on all goods imported from European Union countries starting June 1. European stock exchanges including the German DAX, the French CAC 40, and the British FTSE 100 report losses afterwards.
2025-05-23

British prime minister Keir Starmer and Indian prime minister Narendra Modi announce they have signed a bilateral free trade agreement to significantly lower tariffs on 99% of Indian exports into the UK, including textiles, and halve tariffs of British exports into India, including aerospace manufacturing, whiskey, and lamb meat.
2025-05-6

California Governor Gavin Newsom and California Attorney General Rob Bonta file a lawsuit against U.S. President Donald Trump and his administration over the tariffs, making California the first U.S. state to do so. The lawsuit also targets the International Economic Emergency Powers Act, the law used by Trump to impose tariffs against Canada, China, and Mexico.
2025-04-16

U.S. president Donald Trump announces a universal 10% tariff on most imports into the United States, a 20% tariff on goods from the European Union, and a 34% tariff on all imports from China. The tariffs will take effect from April 5.
2025-04-2

United States President Donald Trump announces impending 25% tariffs on the European Union, which he states will be generally applied to sectors such as the automotive industry.
2025-02-26

Mexico's Tax Administration Service implements new tariffs, including a 19% duty on goods from countries without international trade agreements with Mexico and a 17% duty on goods from Canada and the United States under certain value thresholds.
2025-01-1