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Fact Sheet Released Regarding Japanese Trade Deal On July 23, 2025, the White House published a fact sheet regarding the in-progress trade deal with Japan. The details of the trade deal, according to the fact sheet, include: Japan to invest $550 billion to rebuild and expand core American industries such as: Energy infrastructure and production Semiconductor manufacturing and research Critical minerals mining, processing, …

U.S. – Indonesia Joint Statement Details Reciprocal Trade Deal Framework On July 22, the U.S. and Indonesia jointly released a fact sheet regarding the details for the framework of their reciprocal trade deal. Key terms of the deal include: • Elimination of approx. 99% of tariff barriers by Indonesia on a range of U.S. Industrial and Food/Agricultural products. • U.S. …

Reciprocal Pause Extended, Rates Fluctuate   On Monday, July 7, 2025, President Trump signed an Executive Order extending the 90-day postponement of the higher reciprocal tariff rates from their original end date of July 9, 2025, until August 1, 2025. Also on July 7, the President began sending out offer letters to trading partners who have yet to reach an …

Introducing The Carmichael Compass: Your Trusted Guide in Global Trade As the Trade landscape continues to shift at an unprecedented rate, it can be easy to feel lost at sea. We at Carmichael International Service want to ensure you are provided with the information you need to feel confident and secure as your business navigates the waters of change. With …

President Issued an Executive Order Extending the Pause on Reciprocal Tariffs On July 7, President Trump signed an executive order to extend the pause of the increase in reciprocal tariffs for the 60 countries subject to higher tariffs. He extended the pause from July 8 to August 1, for more time for ongoing negotiations to be completed. In the meantime, …