Trade Update – July 8, 2025

Council for International Trade Update

We Pay The Tariffs is a coalition comprised of small businesses that aims to be a powerful advocate for small businesses facing the devastating impacts of tariffs. “Through lobbying, storytelling, and engagement with policymakers, we will be working tirelessly to support and uplift small businesses during this challenging time.”

Featured Headlines

Fact Sheet: President Donald J. Trump Continues Enforcement of Reciprocal Tariffs and Announces New Tariff Rates
 The White House, July 7, 2025
G3 Partners Opens Procomer Office in Silicon Valley to Accelerate U.S. Investment into Costa Rica – (Word doc.)
G3 Partners, June 24, 2025Procomer Costa Rica
Exportar desde Costa RicaFor more information on Costa Rica like trade data and resources,
please check out the Trading Partner Portal on
our International Advocacy Website!

https://advocacy.calchamber.com/international/portals/costa-rica/
United States and Canada Flags

US Ambassador Says ‘Win-Win’ Trade Deal With Canada Is Within Reach
Bloomberg, July 4, 2025

US, Canada to resume trade talks after Ottawa drops digital tax
Reuters, June 30, 2025

EU Flag

Programme of the Danish EU Presidency
 Council of the European Union July 1st-December 31st, 2025

Denmark launches its EU presidency facing war in Ukraine and Trump tariff chaos
The Associated Press, July 3, 2025

CalChamber Companies in the News

Trade Policy

White House

The White House

Extending the Modification of the Reciprocal Tariff Rates
The White House, July 7, 2025

Trump Extends Tariff Deadline to August as He Unveils New Rates
Bloomberg July 7, 2025

Trump sends tariff letters to Japan, South Korea, extending deadline
POLITICO, July 7, 2025

Trump’s Trade Deals Announced and in Progress
TIME, July 7, 2025

Trump team moves goalposts on tariffs again
POLITICO, July 6, 2025

President Trump’s One Big Beautiful Bill: A Win for Workers, Farmers, and America’s Future

The White House July 7, 2025

What They are Saying: Senate Approves Landmark One Big Beautiful Bill
The White House July 1, 2025

U.S. Department of State

2025 Quad Foreign Ministers’ Meeting
United States Department of State, July 1, 2025

Joint Statement from the Quad Foreign Ministers’ Meeting in Washington
United States Department of State, July 1, 2025

Joint Statement of the G7 Foreign Ministers on Iran and the Middle East
United States Department of State, July 1, 2025

Record-Breaking U.S.-Africa Business Summit Yields $2.5 Billion in Deals and Commitments
United States Department of State, June 30, 2025

U.S. Department of Commerce

U.S. Trade Representative

U.S. Department of Treasury 

G7 Statement on Global Minimum Tax
U.S. Department of the Treasury, June 28, 2025

U.S. Department of Agriculture

Fresh Off the Vine: MRL Quick Reference Sheets Now Available to Assist American Fresh Produce and Nut Exporters
USDA Foreign Agricultural Service, June 27, 2025

Export – Import Bank

U.S. Trade and Development Agency

World Trade Organization

WTO issues new edition of World Tariff Profiles
WTO, July 7, 2025

Trade Agreements/ Cooperation

Updates – U.S. Trade Deals:

Japan
U.S.-Japan trade talks hit a wall, Tokyo not backing down
CNBC, July 6, 2025

Trump warns ‘spoiled’ Japan may not get a US trade deal
CNN Business, July 2, 2025

Vietnam
Vietnam hails US pact a boost for business as firms await deal details
Reuters, July 3, 2025

US and Vietnam reach initial tariff deal
POLITICO, July 2, 2025

European Union
EU Says It’s Making Progress on Framework Trade Deal With US
Bloomberg, July 7, 2025

U.S. seeks limited trade deal with E.U. as Trump’s deadline approaches
The Washington Post, July 6, 2025

India
India ready for trade deals but not to meet deadlines, minister says
Reuters, July 7, 2025

India-US Mini Trade Deal in Final Talks as July 9 Tariff Deadline Looms; Dairy, Agriculture Likely Excluded
Times Now, July 6, 2025

California

New CalChamber Web Page Offers Employer Immigration Law Resources
CalChamber, June 27, 2025

More International Articles

CalChamber
The California Chamber of Commerce is the largest, broad-based business advocate to government in California, working at the state and federal levels to influence government actions affecting all California business. As a not-for-profit, we leverage our front-line knowledge of laws and regulations to provide affordable and easy-to-use compliance products and services.