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Top SmarTrade News

Trump Just TACO'ed Again on Tariffs, No, Really!
Donald Trump · United States

Trump Just TACO'ed Again on Tariffs, No, Really!

60% Right coverage: 5 sources
Today's new executive order is called "Extending the Modification of the Reciprocal Tariff Rates." The pause of the tariffs that was to expire on July 9th, has now been extended to August 1st. The action figure sticker is $3.49 plus $.69 shipping. I do...See the Story
Russia Rejects Tightening of US Sanctions Against Cuba
Donald Trump · Cuba

Russia Rejects Tightening of US Sanctions Against Cuba

100% Left coverage: 3 sources
“We reiterate our position: any unilateral sanctions against sovereign and independent states that violate the UN Charter and the universally recognized norms and principles of international law are totally unacceptable to us,” the spokesperson emphasized. We strongly reject the restrictive measures against Havana and consider any type of pressure on the Cuban government and its citizens absolutely unacceptable and illegal. We are convinced that…See the Story
OFAC Officially Removes Syria Sanctions, Issues FAQs
Donald Trump

OFAC Officially Removes Syria Sanctions, Issues FAQs

100% Center coverage: 1 sources
The Office of Foreign Assets Control on June 30 officially removed sanctions from 518 people and entities with ties to Syria after President Donald Trump signed an executive order authorizing the easing of both sanctions and certain export restrictions against...See the Story

OFAC Continues to Extend Authorizations Under Russia General License 13

On July 8, 2025, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) again extended previous Russia-related General License (GL) 13 by issuing a revised GL 13N, “Authorizing Certain Administrative Transactions Prohibited by Directive 4 under Executive Order 14024,” which states that U.S. persons are authorized to pay taxes, fees, or import duties, and purchase or receive permits, licenses, registrations, certifications, or t…United Nations · RussiaSee the Story

Our Front Page: In Defense of IEEPA Tariffs

100% Center coverage: 1 sources
The top stories from the latest issue of Inside U.S. Trade. Justice Department: CIT erred in striking down IEEPA tariffs. “The statute clearly authorizes the president to impose tariffs to address declared emergencies,” the Justice Department told an appeals court in seeking reversal of the Court of International Trade’s rejection of President Trump’s use of the International Emergency Economic Powers Act to justify an array of new tariff regi…Donald Trump · CanadaSee the Story

Commerce Publishes Federal Register Notice Modifying HTSUS for Implementing General Terms of U.S. and UK Trade Deal

The U.S. Department of Commerce’s International Trade Administration (ITA) has published a Federal Register notice indicating that effective June 30, 2025, in consultation with U.S. Customs and Border Protection and the U.S. International Trade Commission, it has revised relevant provisions of the Harmonized Tariff Schedule of the United State (HTSUS) to conform with changes specified in an Executive Order by President Donald Trump regarding imp…United States · United StatesRead Article

EU Prosecutors Uncover Criminal Scheme Involving Chinese Imports via Greece

100% Right coverage: 2 sources
European prosecutors have uncovered a criminal scheme involving false documentation of Chinese imports to Europe through the Greek port of Piraeus that defrauded authorities of about 700 million euros ($820 million) in lost customs duties and VAT revenue. Read more at straitstimes.com.European UnionSee the Story

OFAC Amends Russia General License 55 Relating to the Sakhalin-2 Oil and Gas Project

On June 18, 2025, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Russia-related General License (GL) 55D, “Authorizing Certain Services Related to Sakhalin-2.” This general license authorizes certain services that would otherwise be prohibited under OFAC’s Russia sanctions program related to Sakhalin-2 involving the maritime transport of crude oil originating from this oil and gas development on Sakhalin Island, …Sanctions · RussiaRead Article

US and UK Implement General Terms of Trade Deal

On June 16, 2025, the United States and the United Kingdom formally implemented the General Terms for the United States of America and the United Kingdom of Great Britain and Northern Ireland Economic Prosperity Deal (the “General Terms”). In a related Executive Order (EO), President Donald Trump set forth agreements reached with the UK regarding tariffs on imports of (i) automobiles and automobile parts; (ii) civil aircraft; and (iii) future re…United States · United StatesRead Article

USTR Proposes Modifications to Section 301 Actions on Chinese Vessels and Maritime Transport Operators

On June 12, the Office of the U.S. Trade Representative (USTR) proposed two modifications to its April 17 announcement of actions under Section 301, which are scheduled to take effect starting on October 14, 2025. The actions aim to counter China’s dominance in the maritime sector. The first proposed modification would revise the method for calculating service fees on Chinese-owned, operated, or built vessels. The second would eliminate the USTR…China · ChinaSee the Story

Trump tariffs may remain in effect while appeals proceed, US appeals court rules

56% Center coverage: 228 sources
A federal appellate court on Tuesday granted the Trump administration’s request to keep the president’s far-reaching tariffs in effect for now but agreed to fast track its consideration of the case this summer. Tariffs · United StatesSee the Story

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