This Week in Trade

← This Week in Trade3 jul · 6 min

This Week in Trade #16: De Minimis, Trade Compliance and Fresh Tariff Threats

This Week in Trade #16: De Minimis, Trade Compliance and Fresh Tariff Threats3 jul6 min

<p>⚖️ Trade compliance is tightening fast. New customs rules, steel measures, export controls, and tariff threats are reshaping global trade.Welcome to This Week in Trade #16, your quick, curated briefing on the latest developments in global trade, customs compliance, supply chains, and international economic policy.This week, George Riddell breaks down the major regulatory changes taking effect on 1 July, including new EU and UK steel regimes, China&#39;s tougher export controls on strategic minerals, and the end of the EU&#39;s €150 de minimis customs duty exemption. We also cover the US suspension of the $800 de minimis exemption for non-postal imports, the implementation of the EU-US Turnberry agreement, the extension of the Airbus-Boeing tariff truce, and renewed US tariff threats linked to digital services taxes.📌 This week&#39;s key stories:EU and UK introduce new steel trade regimesChina strengthens export controls on strategic mineralsEU abolishes the €150 de minimis customs duty exemptionUS suspends the $800 de minimis exemption for non-postal importsEU approves implementation of the US-EU Turnberry agreementAirbus-Boeing tariff suspension extendedFresh US tariff threats linked to digital services taxesSection 301 investigations remain in focus💡 Key takeaway:Trade compliance is becoming a strategic business priority. As customs procedures, export controls, and tariff regimes evolve simultaneously, companies should review supply chains, import processes, and compliance systems to stay ahead of rapidly changing rules.⏱️ Timestamps:00:00 July 1 Trade Shakeup00:28 EU and UK Steel Overhaul01:13 China Dual-Use Crackdown02:02 EU Ends De Minimis02:51 US De Minimis Suspended03:40 Tariff Relief and Risks04:58 Wrap Up and Feedback🎙️ Subscribe to the This Week in Trade podcast:https://pod.link/1893068806🤝 This briefcast builds on the weekly trade insights curated by George Riddell.🔗 Follow George Riddell on LinkedIn:/griddell🌐 Explore more from the Geneva Trade Platform:https://genevatradeplatform.org🔗 Follow the Geneva Trade Platform on LinkedIn:/geneva-trade-platform📩 Have feedback or topics you&#39;d like us to cover? Let us know in the comments.🔔 Subscribe for weekly updates on global trade, WTO developments, supply chains, customs compliance, and international economic policy.</p>