U.S. law aimed at boosting industrial competitiveness and retraining workers
The government has moved to refund billions of tariffs struck down by the Supreme Court, with ongoing court cases pressuring CBP to expand the refunds to more importers. Phase one refunds are underway, while the timing and scope of broader reliquidation remain under legal scrutiny.
President Donald Trump has threatened to impose a 100% tariff on any country that implements a digital services tax on US tech companies, saying the levy would "supersede" trade deals and be applied immediately. European officials have warned they will respond to unilateral measures; legal and practical hurdles make the timetable for any US action unclear.
The United States has levied a 25% tariff on most Brazilian imports, effective July 22, under Section 301 of the Trade Act. Exemptions include beef, coffee, oranges, orange juice, certain energy products and aerospace parts. The move follows a year-long investigation into unfair Brazilian trade practices and comes amid rising tensions ahead of Brazil's October elections. The administration says the tariffs aim to level the playing field for American workers, while Brazil and its allies condemn the measure.