On February 20, the Supreme Court of the United States ruled 6–3 that the president lacks authority under the International Emergency Economic Power Act (IEEPA) to impose “trafficking” tariffs on Canada, China, and Mexico or broad reciprocal tariffs worldwide. The Court did not address whether importers are entitled to refunds, and its decision will not... Read more »
A head-spinning sequence of trade announcements this past week has left manufacturers and chemical suppliers scrambling to keep up. The U.S. has struck sweeping new trade agreements with the European Union, Indonesia, South Korea and Japan—while simultaneously announcing a 25 % tariff on Indian imports. The flurry of moves in just two weeks has redefined market... Read more »
President Donald Trump made headlines on July 12, 2025, by announcing sweeping 30% tariffs on imports from the European Union and Mexico, set to take effect on August 1. Positioned as a measure to protect national security and rebalance trade relationships, the announcement has already sparked diplomatic backlash and market volatility. The tariffs cover a... Read more »
In early 2025, the Trump administration introduced a sweeping series of tariffs policies that marked a sharp shift in U.S. trade strategy. Branded as measures to protect American jobs and industries, these tariffs were part of a broader “America First” economic agenda aimed at reshaping global trade relations. These tariffs are already impacting the... Read more »
Since Donald Trump’s second inauguration, his administration has been rapidly rolling out executive orders that will significantly affect the U.S. chemical distribution industry, energy policies, and international trade. A key focus is trade and tariffs, particularly with China, Canada, and Mexico. Trump’s “America First” trade policy aims to address U.S. trade deficits and potentially... Read more »
It seems that a trade war that has lasted for nearly two years may be finally coming to an end. It has been one week since the Phase One trade deal was signed at the White House by President Donald Trump and Chinese Vice Premier Liu He. The agreement was meant to reduce tensions after... Read more »
Last September the Trump Administration enacted a 10% tariff on more than $200 billion worth of Chinese goods. Over the past weekend, President Trump announced via Twitter that the tariffs will be increased from 10% to 25% effective May 10, 2019. The increase had initially been slated to go into effect on January 1st, 2019... Read more »
On March 4th, the U.S. Trade office under the direction of President Trump, announced that it will be terminating the GSP (Generalized System of Preference) duty-free eligibility for India and Turkey. The GSP program is intended to help developing nations grow their economy through trade. The announcement cited the reason for termination as being that... Read more »
President Trump again delayed a 10 to 25 percent increase on Section 301 tariffs that was scheduled to go into effect on March 1st. This came with the announcement that President Trump will be meeting with Chinese President Xi Jingping in late March to continue negotiations. The reaction to this news has been mostly positive,... Read more »
The Trump Administration announced Monday, September 17th it will enact tariffs on more than $200 billion worth of Chinese goods. The U.S. tariffs start at a rate of 10%, before rising to 25% at the end of the year unless a resolution is reached between the U.S. and China. On Tuesday, China had already announced... Read more »
