Trade Update – July 8, 2025
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, 2025
Procomer Costa Rica –
Exportar desde Costa Rica
For 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/
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
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
- Northrop Grumman (NOC) Signs a MOU With Ministry of Defense and Ministry of Finance of The Republic of Lithuania
Insider Monkey, June 28, 2025
Trade Policy
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
- Trump threatens extra 10% tariffs on BRICS as leaders meet in Brazil
American Journal of Transportation, July 7, 2025 - Ending Market Distorting Subsidies for Unreliable, Foreign‑Controlled Energy Sources
The White House, July 7, 2025 - Nominations Sent to the Senate
The White House, July 1, 2025 - Fact Sheet: President Donald J. Trump Strengthens the Policy of the United States Toward Cuba
The White House, June 30, 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
- Ending the Syria Sanctions Program for the Benefit of the Syrian People
United States Department of State, June 30, 2025 - U.S. revokes foreign terrorist designation for Syria’s HTS
Reuters, July 7, 2025
U.S. Department of Commerce
- U.S. Plans AI Chip Curbs on Malaysia, Thailand Over China Concerns
Bloomberg, July 4, 2025 - U.S. lifts export bans on chip software to China
UPI News, July 3, 2025 - Paul Dabbar Confirmed as Commerce Deputy Secretary
U.S. Department of Commerce, June 25, 2025
U.S. Trade Representative
- Thailand submits new trade proposal offering zero tariffs on many US goods
Reuters, July 7, 2025 - Korea, U.S. dispatch top trade officials in ‘all-court press’ as Trump tariff deadline looms
Korea Joongang Daily, July 6, 2025
U.S. Department of Treasury
G7 Statement on Global Minimum Tax
U.S. Department of the Treasury, June 28, 2025
- US allows offloading of some liquefied petroleum gas shipments, Treasury says
Reuters, July 7, 2025 - Joint Statement on the EU-U.S. Joint Financial Regulatory Forum
U.S. Department of the Treasury, July 1, 2025 - Treasury Implements President’s Termination of Syria Sanctions
U.S. Department of the Treasury, June 30, 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
- USDA Welcomes Eight New Foreign Service Officers to Serve American Agriculture Overseas
USDA Foreign Agricultural Service, July 7, 2025 - USDA Trade Mission to Expand Agricultural Exports in the Dominican Republic
USDA Foreign Agricultural Service, July 1, 2025
Export – Import Bank
- Export-Import Bank of the United States Board of Directors Approves Transaction to Support Energy Supply Chain
EXIM, June 27, 2025
U.S. Trade and Development Agency
- USTDA Strengthens U.S.-Philippines Alliance Through Support for Flagship Rail Project
USTDA, June 26, 2025
World Trade Organization
WTO issues new edition of World Tariff Profiles
WTO, July 7, 2025
- India Hits Back At US, Plans Retaliatory Tariffs at WTO
Bezinga, July 5, 2025 - Goods barometer rises as imports surge in first quarter ahead of expected tariff hikes
WTO, June 26, 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
- King Charles to emphasize bonds between UK and France as he welcomes Macron in first European state visit since Brexit
CNN, July 8, 2025 - Trade minister says S. Korea looks to maximize ‘practical interests’ in trade talks with U.S.Yonhap News, July 5, 2025
- Saudi Arabia, Indonesia sign deals worth $27 billion
Emirates News Agency, July 2, 2025 - South Africa seeks extension of Trump tariff deadline to pursue trade deal
Reuters, July 1, 2025
California
New CalChamber Web Page Offers Employer Immigration Law Resources
CalChamber, June 27, 2025
- Could California start producing more oil? Gov. Newsom is considering
KCRA, July 4, 2025 - NASDA concludes successful trade mission with Moroccan delegation in California
Tri-State Livestock News, July 2, 2025 - Malaysia to ban US plastic waste imports, impacting California
News Nation, June 30, 2025 - A Message From LBEP: Long Beach Economic Partnership CEO Leah Goold-Haws, Stepping Down
Long Beach Economic Partnership, June 27, 2025
More International Articles
- Canada could financially back aluminum producers if 50% U.S. tariffs persist, trade group says
American Journal of Transportation, July 7, 2025 - China reacts to Trump’s new BRICS tariff threat
Newsweek, July 7, 2025 - U.S. envoy receives the Lebanese government’s response to Hezbollah disarmament proposal
The Associated Press, July 7, 2025 - Red Sea Crisis Boils Over as Houthis Claim Sinking of M/V Magic Seas
GCaptain, July 7, 2025 - Philippine nickel ore ban reversed, what are the impacts?
American Journal of Transportation, July 7, 2025 - Trump Bill Secures $9 Billion for U.S. Arctic Surge, Six New Icebreakers to Counter Russian and Chinese Dominance
GCaptain, July 4, 2025 - China’s Share of US Imports Falls to 7% as Vietnam Closes in
Bloomberg, July 3, 2025 - ‘Goodbye Trump, hello Asia’ is the EU’s new trade strategy. Will it work?
POLITICO, June 30, 2025