The 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 […]
Read MoreIn a significant development for transatlantic commerce, the United States and the European Union have announced a new Framework on an Agreement on Reciprocal, Fair, and Balanced Trade. This agreement marks a pivotal first step towards reducing trade barriers, enhancing market access, and strengthening the economic relationship between two of the world’s largest markets. For […]
Read MorePresident Trump has issued a new Executive Order delaying China tariffs that were set to take effect at 12:01 a.m. ET on August 12, 2025. The 90-day tariff pause extends the implementation date to November 10, 2025, allowing more time for the U.S. and China to finalize a trade agreement. According to the Executive […]
Read MoreOn August 6, 2025, President Trump signed a new Executive Order imposing a new 25% tariff on Indian imports, effective 12:01 a.m. ET on August 27. The measure is part of a broader U.S. trade strategy in response to India’s continued oil trade with Russia, which the administration sees as a threat to U.S. national […]
Read MoreOn July 31, 2025, President Trump signed a new Executive Order titled “Further Modifying the Reciprocal Tariff Rates”, which increases and restructures U.S. tariffs on imports from a wide range of foreign countries. This action builds on Executive Order 14257, first issued in April 2025, which declared a national emergency due to persistent U.S. trade […]
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