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Tariff Talks 2025: Expana's Weekly Rundown #21
Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.
Click to read: "Tariff Talks 2025: Expana's Weekly Rundown #21."
This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text.
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On August 6, US President Trump issued an executive order that imposes a new 25% additional ad valorem tariff on imports from India into the States, effective 21 days after the White House announcement...
Triple Typhoon Impact Disrupts Southeast Asian Agricultural and Aquaculture Supply Chains
A rare convergence of three powerful typhoons in July has battered key agricultural and aquaculture regions across China, Vietnam, Taiwan, and the Philippines. Typhoons Wipha, Danas, and Co-May have collectively caused hundreds of millions in damages.
Typhoon Wipha Deals Blow to Vietnam’s Rice and Shrimp Exports
Typhoon Wipha formed on July 18 near the northern Philippines and intensified to Category 1 before making landfall in Guangzhou, China, and later striking northern Vietnam. Wipha lashed southern China with winds up to 75 mph, triggering floods and landslides
Tariff Talks 2025: Expana's Weekly Rundown #19
Click to read "Tariff Talks 2025: Expana's Weekly Rundown #19."
US-Philippines Trade Relations Televised; 19% Tariff Rate Reached
On July 22, US President Trump participated in a bilateral meeting with Philippines President Ferdinand Marcos Jr.
“... We concluded our Trade Deal, whereby The Philippines is going OPEN MARKET with the United States, and ZERO Tariffs,” wrote President Trump on Truth Social after the meeting. “The Philippines will pay a 19% Tariff. In addition, we will work together Militarily. It was a Great Honor to be with the President. He is Highly Respected in his Country, as he should be. He is also a very good, and tough, negotiator..."
Trump Tariff Letters Continue to Roll Out; Philippines Faces 20% Tariff
President Trump has sent a new batch of letters to several countries, including the Philippines, notifying them of new US tariff rates set to take effect on August 1, giving them a short window to renegotiate trade terms before the deadline.
On July 8, Trump stated that a minimum of seven countries would be released, with an additional group to be released in the afternoon.
Despite multiple tariff implementation delays already, Trump was steadfast and set August 1 as a hard deadline in a social media...
Philippines Bans South Dakota Poultry Imports After Bird Flu Outbreak
The Philippines Department of Agriculture (DA) has reimposed a ban on wild bird and poultry products from South Dakota after additional cases of highly pathogenic H5N1 avian influenza were reported in December. The Philippines had lifted the ban on the state in September 2024.
The ban includes imports of domestic and wild birds, including eggs, semen for artificial insemination, day-old chicks, and other poultry products, Agriculture Secretary Francisco P. Tiu Laurel Jr. said. But the ministry added that “heat-treated products” were exempted from the ban...
Philippines Surpasses China in Brazilian Pork Imports as Sector Hits Record Shipment Revenues
The Philippines has emerged as Brazil's largest export market for pork in 2024 with 206,000 tonnes shipped between January and October, a 103% year-on-year increase, displacing China as the top importer who, during the same period purchased 199,900 tonnes, down 41% according to The Brazilian Animal Protein Association (ABPA).
In October 2024, Brazil's pork exports, including fresh and processed products, reached 130,900 tonnes, representing the second-highest monthly total in the industry’s history and a 41% increase from the 93,000 tonnes...
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