Trump threatens up to 100% tariffs on Mexico over immigration
“Trump’s call on Monday to use tariffs to stem migration reflects how he has characterized them not just as an instrument of economic policy but also to accomplish unrelated foreign policy goals.”
[The Washington Post]
The challenges of unwinding a trade war
“Reversing course now would be very painful politically. Too many powerful actors—from the foreign and American politicians who can win votes by claiming the tariffs saved jobs to industry interests thriving in this new normal—have too much to lose.”
[North Carolina State University]
EU publishes 2025 version of Combined Nomenclature
“The Combined Nomenclature forms the basis for the declaration of goods (a) at importation or exportation or (b) when subject to intra-Union trade statistics. This determines which rate of customs duty applies and how the goods are treated for statistical purposes.”
[European Commission]
New Zealand concludes trade deal with Gulf Cooperation Council
“The agreement includes provisions that will make doing business easier with preferential access for our primary sector exporters, streamlined customs processes, reduced trade barriers, and commitments to level the playing field for Kiwi services businesses entering the market.”
[New Zealand government]
Israel and Vietnam reignite relations with new free trade agreement
“The deal not only reduces tariffs gradually but also removes barriers for Israeli exporters of different products, such as medical devices, cosmetics, produce, etc., making it easier and less expensive for them to expand into the Vietnamese market.”
[The Jerusalem Post]
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