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Navigating the Trump Tariff Turbulence: A Comprehensive Timeline
US President Donald Trump and his administration have paused reciprocal tariffs on most countries.
“Based on the lack of respect that China has shown... I am hereby raising the [tariff] charged to China by the [USA] to 125%, effective immediately,” wrote Trump on Truth Social at 1:18 pm ET.
It’s not clear if this 125% is in addition to the 20% imposed on Chinese imports to the US. In early March, Trump noted that he would add another 10% tariff on Chinese goods...
Commerce Secretary Lutnick: US-China Trade Deal Framework Finalized
United States Commerce Secretary Howard Lutnick announced that the US and China have agreed to a trade framework after two days of negotiations in London.
After what reports described as “intense negotiations,” Lutnick told reporters that the framework builds upon an agreement made last month to ease triple-digit retaliatory tariffs.
In a social media post on June 11, President Trump said that a deal with China was done and called the trade relationship with China “excellent.” However, further details regarding the deal were not made public...
Tariff Talks 2025: Expana's Weekly Rundown #12
Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #12."
This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...
US Arrests Chinese Nationals for Allegedly Smuggling Dangerous Fungus in “Agroterrorism” Attempt
The United States Federal Bureau of Investigation (FBI) arrested two citizens of the People’s Republic of China for allegedly smuggling a fungus called Fusarium graminearum, which is a potential agroterrorism weapon, according to the Department of Justice (DoJ).
Yunqing Jian, 33, and Zunyong Liu, 34, are suspected of alleged conspiracy, smuggling goods into the US, false statements, and visa fraud.
The fungus can cause a disease called “head blight” in wheat, barley, maize, and rice, according to US FBI Director, Kash Patel on X.com...
Mastering Market Volatility: 5 Minutes with Little Caesars’ Derek Nelson
In today’s volatile market, where shifts in agrifood commodity prices can significantly impact your bottom line, understanding and managing risk is paramount. Derek Nelson, Director of Commodity Risk & Analytics at Little Caesars, exemplifies this proactive approach in his role leading hedging operations for this global restaurant chain.
Ahead of his participation at Expana’s Agri-Food Americas event in September, Derek spoke with us to share insights into how a global brand navigates the complexities of dairy, grains, protein and energy markets...
Tariff Talks 2025: Expana's Weekly Rundown #11
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #11."
Feeder Vessel Transfers Disqualify Cargo from In-Transit Tariff Exemption Under IEEPA
The US Customs and Border Protection (CBP) has provided clarification regarding the application of the in-transit tariff exemption under the Reciprocal Tariff Executive Order, with specific implications for feeder vessel operations. In guidance released on May 15, CBP confirmed that cargo transferred from a feeder vessel to a US-bound vessel after April 5, 2025, will not qualify for the in-transit exemption.
Under the International Emergency Economic Powers Act (IEEPA), cargo that was loaded before April 5 and remains...
Tariff Talks 2025: Expana's Weekly Rundown #9
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #9."
China, UK Trade Talks Pose Positive Opportunities for US Animal Food Industry
The American Feed Industry Association (AFIA) is pleased to see a cooling of U.S. tariffs on and retaliatory tariffs from China and a proposed trade agreement with the United Kingdom coming to fruition, given discussions late last week and over the weekend between the U.S. and respective countries’ trade officials. Both China and the United Kingdom present valuable opportunities for U.S. animal food manufacturers, which produce some of the safest, highest quality and innovative feed, feed ingredients and pet food globally...
Tariff Talks 2025: Expana's Weekly Rundown #8
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #8."
Exclusive International Trade Centre Interview: Implications of Trump’s Tariff Regime
Julia Spies is the Chief of Trade and Market Intelligence for the International Trade Centre (ITC) in Switzerland. Spies and team analyze trade information and publish findings about market-specific trade intelligence on multiple online platforms, like Tradebriefs.intracen.org.
Recent shifts in the world of trade, including the latest round of United States tariffs and trade measures by other countries, has kept Spies and company busy, to say the least.
However, ITC members have watched trade measures, and in particular their impact on developing countries, long before these recent changes...
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