US customs tariff news: August 2025

News in brief: further changes in the reciprocal tariff rates for certain countries; joint statement on a US-EU Framework Agreement; removal of the de minimis exemption effective from 29 August 2025; additional duties on goods originating in India; further changes in reciprocal tariff rates on Chinese products; increased tariff on Canada’s goods effective from 1 August 2025; 407 HTSUS codes added to steel and aluminium derivatives list; and other updates.