INC Tariff Report & Updates

USA: Supreme Court Strikes Down IEEPA Tariffs; Trump Announces New 15% Global Baseline Rate On February 20, 2026, the US Supreme Court struck down most of Donald Trump’s tariffs, ruling that the President’s use of the International Emergency Economic Powers Act (IEEPA) to bypass Congressional authority was unlawful. The decision affects a wide range of […]

INC Tariff Report & Updates

China: Tariffs Applied to US Dried Fruits After Trump-Xi Meeting According to the China Chamber of Commerce of Import & Export of Foodstuffs, Native Produce & Animal By-Products (CFNA), following the October meeting between Donald Trump and Xi Jinping, China has reduced its tariffs on dried fruit imports from the US by 10% compared with […]