US and EU Agree on Trade Framework The United States and the European Community formally agreed to a framework for an Agreement on Reciprocal, Fair, and Balanced Trade. This agreement serves as an initial stage in a process that may be expanded to address additional matters related to marketplace access and the development of trade and investment strategies. The U.S. …
CARMICHAEL COMPASS: ISSUE 25-035 – August 13, 2025
Carmichael Welcomes Thayne Worsley as Director of Trade Solutions As we continue to navigate the ever-evolving landscape of global trade, we recognize the need to stay ahead of the curve, not only to serve our clients better but to position Carmichael as a leader in consulting and advisory services. In line with this vision, I’m excited to announce a new …
CARMICHAEL COMPASS: ISSUE 25-034 – August 01, 2025
New Reciprocal Tariff Rates Take Effect August 7 On July 31st, President Trump issued an executive order further modifying the Reciprocal Tariff Rates. These modifications take effect for goods entered for consumption or withdrawn from a warehouse for consumption at 12:01 a.m. EST on August 7, 2025. There is a possible in-transit exception available. For trading partners with pending trade agreements, the duties outlined …