The Supreme Court IEEPA tariffs ruling has struck down tariffs imposed under the International Emergency Economic Powers Act (IEEPA), reshaping the U.S. trade landscape and raising urgent questions about refunds and replacement trade measures. In a 6–3 decision, the Court ruled that IEEPA does not authorize the President to impose tariffs. The decision affirms the […]
Read MoreThe United States and Taiwan have signed a new Reciprocal Trade Agreement aimed at expanding bilateral trade and strengthening market access across key industrial and agricultural sectors. U.S. Trade Representative Jamieson Greer and Taiwan’s Vice Premier Li-chiun Cheng formalized the agreement on February 12. What Taiwan Agreed To Under the agreement, Taiwan will eliminate or […]
Read MoreU.S. importers are facing a growing financial strain that has little to do with shipping delays or supply chain congestion, and everything to do with customs bond requirements. As reported by an article by CNBC, recent data from U.S. Customs and Border Protection (CBP) shows that companies importing goods into the United States are experiencing […]
Read MoreU.S. Customs and Border Protection (CBP) has issued updated guidance implementing the February 6 Presidential Executive Order titled “Modifying Duties to Address Threats to the United States by the Government of the Russian Federation.” The update clarifies that imports from India are no longer subject to the additional 25% ad valorem duty previously imposed under […]
Read MoreThe United States and Bangladesh have signed a Reciprocal Trade Agreement establishing a 19% U.S. reciprocal tariff rate on imports from Bangladesh, marking a new chapter in bilateral trade relations. U.S. Trade Representative Jamieson Greer joined Bangladesh’s Adviser for Commerce, Textiles and Jute, and Civil Aviation and Tourism Sheikh Bashir Uddin in formalizing the agreement. […]
Read More(Based on CBP Guidance – Updated December 18, 2025) The U.S. government has implemented new and expanded tariffs in 2025 under the International Emergency Economic Powers Act (IEEPA) and Section 232. Below is a plain-language breakdown of what applies, when it applies, and to whom. 🚫 De Minimis: What Changed As of August 29, 2025, […]
Read MoreDecember 17, 2025 | Gava Trade Update U.S. Customs and Border Protection (CBP) announced on December 17, 2025, that it has collected more than $1 billion in duties on over 246 million low-value shipments since the Trump administration began phasing out the de minimis exemption earlier this year. The milestone underscores the scale of revenue […]
Read MoreU.S. Customs and Border Protection (CBP) has issued new guidance implementing tariff-related provisions of the U.S.–Switzerland–Liechtenstein Framework Agreement on Fair, Balanced, and Reciprocal Trade, which was finalized on November 14, 2025. The guidance follows a Federal Register notice released by the Office of the U.S. Trade Representative and reflects updates to reciprocal tariffs imposed under the […]
Read MoreOn September 29, 2025, President Trump issued a proclamation announcing the implementation of Section 232 tariffs on lumber, kitchen cabinets, vanities, and other wood products. The tariffs will take effect at 12:01 a.m. ET on October 14, 2025. Tariff Details and Duty Rates The proclamation sets new global tariff rates on wood imports: 10% global […]
Read MoreOn September 4, 2025, President Trump signed an Executive Order (EO) enacting a newly negotiated U.S.-Japan trade deal. The agreement introduces tariffs on Japanese imports, with broad implications for both countries’ economies. U.S.-Japan Tariff Agreement Highlights Baseline Tariff on Japanese Imports The EO sets a baseline 15% tariff on nearly all Japanese imports. Products […]
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