Geopolitical outlook
Navigating Trade Wars: Perspectives from Mexico (Part 2)
全球
Geopolitical outlook
贸易与商品
Clyde & Co’s Tariff Tracker provides an overview of all trade restrictions imposed or announced by the US and against the US. The tracker will be updated by our offices across the globe as new measures are introduced.
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The July updates on the tariff tracker including updates in US tariffs, retaliatory tariffs and any after-effects, are set out below.
Canada’s removal of tariffs on US imports covered under CUSMA will take effect 1 September 2025.
The new 15 percent tariff rate on European products is to come into force on 1 September 2025.
The US has also unveiled plans to implement a 100 percent tariff on chips and semiconductors. However, companies which produce and/or are repatriating production to the US (for example, Apple) are expected to be exempt.
The US’s new global tariff regime affecting all countries listed in the Executive Order came into force on 7 August 2025.
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