Two Minutes in Trade

No more pretending. Brazil and Sri Lanka get their tariff letters, but the US had a trade surplus with Brazil. Listen for more on Two Minutes in Trade.

Six more countries received reciprocal tariff letters today, and the court case is moving forward. Listen for more on Two Minutes in Trade.

Reciprocal tariffs for all countries remain at 10% until August 1; however, copper may be subject to a 50% tariff. Listen for more on Two Minutes in Trade.

Lots of letters were sent today as 14 countries learn their fate of the reciprocal tariffs, which won't go into effect until August 1. Listen for more on Two Minutes in Trade.

A recent federal court decision upheld a $26 million penalty on an importer for avoiding antidumping duties and highlighted how competitors can use the False Claims Act to target customs fraud.

#TMIT US and VietNam reach an agreement to avoid a 46% tariff on 7/9 but details are scant. Listen for more info on Two Minutes In Trade.

#TMIT US and VietNam reach an agreement to avoid a 46% tariff on 7/9 but details are scant. 

Fireworks were going off as the Senate advanced the big, beautiful bill today. Listen for more on Two Minutes in Trade.

Details of the US-UK agreement have emerged and are effective as of today. Listen for more on Two Minutes in Trade.

Companies utilizing the "First Sale Rule" must ensure compliance with all CBP's first sale legal requirements and have all supporting documentation to provide to CBP, should a transaction be questioned. For more information on this topic, listen to today's Two Minutes in Trade.