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, …

Trump Announces U.S.- U.K. Tariff Deal President Trump has announced in an executive order an agreement with the United Kingdom in dealing with section 232. There will be a Section 232 quota tariff for British cars of 7.5%. This will bring the combined regular MFN duty and the 232 duties to a total of 10% for the first 100,000 cars. …

BIS Adds Steel Appliances to Steel Derivative List for 232 Tariffs The Commerce Department’s Bureau of Industry and Security (BIS) issued a Federal Register Notice announcing that it will include new steel derivatives involving household appliances. It revises Annex 1 to the list of goods subject to the Section 232 tariffs, effective June 23.  It adds these additional steel derivative products …

CBP Issues Changes for Guidance to IEEPA Reciprocal In-Transit Exceptions U.S. Customs and Border Protection (CBP) has made two changes to the exemption for IEEPA-specific rates for goods in transit. The first is an extension for the entry filing date. It applies to the vessel dates loading prior to April 5, 2025, April 9, 2025, and April 10, 25. Goods …

CIT Rules Against the Administration’s Authority on Fentanyl and IEEPA Tariffs The Court of International Trade (CIT) ruled against President Trump’s authority to impose Fentanyl tariffs and Reciprocal tariffs issued under IEEPA. The court ordered the U.S. government to issue an injunction within 10 days (June 7) to stop the collection of the additional tariffs. The CIT is also expected …

The U. S. and China Have Announced a Temporary Easing of Tariffs for 90 Days The United States and China have issued a joint statement that they would both temporarily reduce the reciprocal tariffs put in place in April.  The U.S. will suspend its tariffs imposed on April 2 of 34% and April 8 of 84% but will maintain a …

Updated Carmichael Tariff Charts Carmichael introduced our guide to the additional tariffs being assessed by President Trump to help our customers review the tariffs. The President has been continually active with changes to the additional tariffs. Carmichael will be updating these charts and will post a link on each Memo to our clients. Here is a link to our latest …

Special Announcement I joined Carmichael 10 years ago.  The company has proven to be a great fit for me.  I feel we have accomplished a lot during this time. As much as I love Carmichael and my role, I have made the decision to retire.  It was a tough decision, but I feel it is time for the next chapter …

Current Reciprocal Tariff Exemptions and Exclusions Late Friday, U.S. Customs and Border Protection (CBP) issued an update of items excluded from reciprocal tariffs. The update includes some additional new HTSUS Numbers that have yet to be published in a Presidential Order. They include goods such as: 8471                8473.30           8486                8517.13.00 8517.62.00      8523.51.00      8524                8528.52.00 8541.10.00      8541.21.00      8541.29.00      8541.30.00 8541.51.00      8541.59.00      …

Charts on the Reciprocal and IEEPA and Other Tariffs Carmichael has put together charts as an overview to explain the details on President Trump’s tariffs. It includes all the current additional duties assessed by this administration, the duty rates, and the effective dates. They include a chart of the countries and duty assessments for the 60 countries assessed with more …

Pause on High Reciprocal Tariffs Except for China Who Faces Higher Tariffs President Trump announced a pause on reciprocal tariffs for the 60 countries with specific higher rates that were to start on April 9, that he announced last week. The general rate of 10% for all countries remains in place since April 4, including the countries that were to …

Quick Summary on Trump Tariffs This is our summary of the recent notices for additional duties being assessed by the Trump Administration.  Guidance for the applications of the tariffs has not been issued by CBP.  We will be watching for the progress closely and will send out additional information and/or changes as we receive them. Reciprocal Tariffs On Thursday, President …

Tidbits on Tariffs. More to Follow There is a Change in Instructions for the Smelt and Cast Declaration for Aluminum Derivatives For derivative aluminum, the filer, as an interim solution, may report any country other than the United States if the filer does not know the country of smelt or cast. Importers may submit a post-summary correction to update the …

Registration for the 2025 Trade Facilitation and Cargo Security Summit is now open. The link to the registration is: https://inevent.com/en/USCustomsandBorderProtection1686596630/2025TFCSSummit/hotsite.php

Big Change in Mexico and Canada IEEPA Additional Duties On Thursday, President Trump issued two new executive orders dealing with the additional IEEPA additional duties.  Any products of Canada and Mexico that qualify for Duty-Free treatment under the United States-Mexico-Canada Free Trade Agreement (USMCA) will not be subject to the IEEPA additional tariffs.  These orders with the exemptions that began …

President Trump Grants Exemptions for Some of Canada and Mexico Tariffs Today President Trump announced that he was issuing two executive orders granting a temporary exemption from additional tariffs on products from Mexico and Canada that qualify for entry under the United States-Mexico-Canada Free Trade Agreement (USMCA). These exemptions will become effective at 12:01 AM on March 7. The orders …

Mexico and Canada Additional Tariffs Will Not Be Postponed at This Time On Sunday, President Trump told the press that the additional tariffs for Canada and Mexico that were postponed until March 4, 2025, will not be extended again and will go into effect at 12:01 AM on March 4, 2025.  He also stated that he will increase the additional …