Trade Update – August 5, 2025
Featured Headlines
Details Change But Tariffs a Key Priority for Trump Administration
CalChamber, August 1, 2025
Further Modifying the Reciprocal Tariff Rates
The White House, July 31, 2025
Fact Sheet: President Donald J. Trump Further Modifies the Reciprocal Tariff Rates
The White House, July 31, 2025
Suspending Duty-Free De Minimis Treatment for All Countries
The White House, July 30, 2025
CalChamber Companies in the News
- US agency approves OpenAI, Google, Anthropic for federal AI vendor list
Reuters, August 5, 2025 - BP makes its biggest oil and gas discovery in 25 years
The Irish News, August 4, 2025
Trade Policy
White House
Amendment to Duties to Address the Flow of Illicit Drugs Across Our Northern Border
The White House, July 31, 2025
Fact Sheet: President Donald J. Trump Amends Duties to Address the Flow of Illicit Drugs Across our Northern Border
The White House, July 31, 2025
Fact Sheet: President Donald J. Trump Addresses Threats to the United States from the Government of Brazil
The White House, July 30, 2025
Addressing Threats to The United States by the Government of Brazil
The White House, July 30, 2025
Trump puts 50% tariffs on Brazil and copper, eliminates a tax loophole and hints at new deals
CNN, July 30, 2025
Fact Sheet: President Donald J. Trump Takes Action to Address the Threat to National Security from Imports of Copper
The White House, July 30, 2025Adjusting Imports of Copper into the United States
The White House, July 30, 2025
- Remarks by Director Kratsios at the APEC Digital and AI Ministerial Meeting
The White House, August 5, 2025 - The White House Announces White House Ballroom Construction to Begin
The White House, July 31, 2025 - Trump announces trade agreement with South Korea ahead of August 1 tariff deadline
CNN, July 30, 2025 - Trump to add 25% tariff to Indian imports. Which everyday goods could be impacted?
USA Today, July 30, 2025 - China-US trade talks conclude without deal to prevent tariffs from surging again
CNN, July 30, 2025
U.S. State Department
- Department Press Briefing
The Department of State, July 31, 2025
U.S. Department of Commerce
On the Nomination PN22-13: William Kimmitt, of Virginia,
to be Under Secretary of Commerce for International Trade
GovTrack, July 28, 2025
- “Turmoil” at Commerce Department stalls export license approvals, including for Nvidia H20 chips – report
Data Center Dynamics, August 4, 2025 - Lutnick: ‘plenty of horse-trading left to do’ with EU on trade deal
The Hill, July 30, 2025
U.S. Trade Representative
Ambassador Greer Issues Statement on President Trump’s Vision for a New System of International Trade
United States Trade Representative, July 31, 2025
- Trade representative backs Trump’s punitive approach to global tariffs
POLITICO, August 3, 2025 - China’s trade deadline ‘under discussion’ after Washington has positive talks with Beijing: US Trade Rep
Fox Business, August 3, 2025
U.S. Department of Treasury
- Treasury Secretary Bessent Remarks at the Launch of the White House Digital Assets Report
U.S. Department of the Treasury, July 31, 2025
U.S. Department of Agriculture
Secretary Rollins Statement on Confirmation of Luke Lindberg as Under Secretary for Trade and Foreign Agricultural Affairs
U.S. Department of Agriculture, August 2, 2025
World Trade Organization
Services trade growth slows in first quarter of 2025
WTO, July 31, 2025
- Trade imbalances and the limits of trade policy
WTO, July 29, 2025
Trade Agreements/ Cooperation
- Turkey Seeks to Build Industrial Zones in Syria to Bolster Trade
Bloomberg, August 5, 2025 - Malaysia agrees to boost tech, LNG purchases from U.S. as part of trade deal
Reuters, August 4, 2025 - Swiss government says it’s ready to make Trump ‘more attractive offer’ on tariffs
American Journal of Transportation, August 4, 2025 - Vietnam automaker VinFast opens factory in India, eyeing growth in Asia
The Associated Press, August 3, 2025 - Bangladesh to buy 220,000 T wheat from US in bid to cool tariffs, official says
Reuters, July 30, 2025 - Taiwan trade delegation will continue tariff talks in US, sources say
American Journal of Transportation, July 30, 2025
California
India Adds 9 New Consular Centers in US, Opens Saturday Services
Visa Verge, August 1, 2025
- Chinese buyers, flush with cash, are swooping in on California homes
SF Gate, August 4, 2025 - Kamala Harris will not run for governor of California in 2026
Reuters, July 30, 2025
More International Articles
A US shipbuilding strategy starts with passing the Ships Act
American Journal of Transportation, August 4, 2025
- US Trade Gap Narrows to Tightest Since 2023 on Drop in Imports
Bloomberg, August 5, 2025 - US tariffs put 30,000 South African jobs at risk, officials say
The Associated Press, August 4, 2025 - Trump’s penalty threat puts India in a bind over Russian oil
CNBC, August 4, 2025 - EU and US spin conflicting versions of trade deal, sowing confusion
Euronews, July 30, 2025 - Mexican Economy Secretary Says Country ‘Did All It Had’ To Avoid Trump’s Tariffs
Latin Times, July 30, 2025