Inside Trade

October 11, 2025

The White House

Sources: U.S., Brazil to announce limited trade deal next week

The U.S. and Brazil plan to announce a limited agreement on trade facilitation, good regulatory practices and anticorruption next week, according to sources familiar with the plans. Yana Dumaresq, assistant deputy minister for foreign trade and international affairs with Brazil’s Ministry of Economy, previewed the announcement earlier this month. The U.S. Chamber of Commerce on Oct. 19 will hold a high-level event that will include Brazilian President Jair Bolsonaro, U.S. Secretary of State Mike Pompeo, U.S. Trade Representative Robert Lighthizer,...

Sources: Trump set to announce steel, aluminum remedies on Thursday

Editor's note: After this story was published, the White House decided to hold a " listening session " with steel and aluminum company executives on Thursday, March 1, with no announcement of remedies. Less than two weeks after the Commerce Department made public its recommendations on remedies that could be imposed on steel and aluminum imports, President Trump on Thursday is expected to announce his decisions in both investigations under Section 232 of the 1962 Trade Expansion Act, sources...

Trump pledges new 100 percent tariffs on goods from China, export controls on ‘critical software’ 

The U.S. on Nov. 1 will impose new 100 percent tariffs on goods from China, “over and above” any already in place, President Trump said late on Friday. In a Truth Social post , Trump said “It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1st, 2025, impose large scale Export Controls on virtually every product they...

U.S. mulling ‘massive’ tariff hikes in response to China’s controls on rare earths

President Trump is no longer planning to meet with Chinese President Xi Jinping on the sidelines of the Asia-Pacific Economic Cooperation leaders’ summit later this month, he said on social media, threatening “massive increases” to tariffs on China and other countermeasures in response to new export controls China has placed on strategic minerals and related products. Beijing on Thursday issued several new exports controls that included extraterritorial measures aimed at subjecting products that contain minimal Chinese-mined or processed materials to...

Trump to talk soybeans with Xi at APEC as U.S. weighs farm relief

President Trump will press Chinese President Xi Jinping on the collapse of his country’s purchases of U.S. soybeans during next month’s Asia-Pacific Economic Cooperation leaders’ summit, he said on Thursday, while Agriculture Secretary Brooke Rollins renewed recent vows to deliver relief payments for farmers hit by trade retaliation -- though she signaled that the program has been stalled by the government shutdown. “He's got things that he wants to discuss with me, and I have things that I want to...

House Democrats urge repair of U.S.-India relations, including tariffs

House Democrats who represent large Indian-American communities are urging President Trump to repair ties with India – beginning with a review of steep tariffs. Trump has imposed 50 percent tariffs on Indian goods as the two countries continue negotiations on a trade deal. An initial 25 percent rate was raised to 50 percent in response to India’s continued purchases of Russian oil, according to the president, who last month rekindled trade talks after speaking with Indian Prime Minster Narendra Modi...

Major ag groups urge Trump to include them in developing aid package

Groups representing U.S. agricultural producers are pressing the Trump administration not to overlook them as it readies a multi-billion-dollar aid package for soybean farmers who have borne the brunt of trade retaliation for U.S. tariffs. A wide swath of national and state groups, including the National Association of Wheat Growers, USA Rice and numerous others, told President Trump in an Oct. 6 letter that they face “enormously challenging market conditions,” citing low crop prices and input costs that have “increased...

Trump punts Section 232 truck tariffs to Nov. 1

New U.S. national security duties on medium and heavy-duty trucks will go into effect in early November, President Trump said on Monday, pushing back a previously announced start date amid reporting of a last-minute lobbying push by automakers. The administration also is considering expanding an existing production offset credit to provide greater tariff relief for automakers, according to a report. “Beginning November 1st, 2025, all Medium and Heavy Duty Trucks coming into the United States from other Countries will be...

Trump elects not to retain the President’s Export Council

President Trump has decided not to continue receiving advice from a panel of high-profile business executives, ending the President’s Export Council via executive order more than 50 years after it was created. The Commerce Department, which oversaw the council, described it as “the principal national advisory committee on international trade.” Its members traditionally have included senior executives of major companies like Ford, United Airlines and Disney. The advisory panel was created via executive order in 1973 and later expanded to...

Trump: China declining to buy U.S. soybeans for ‘negotiating’ reasons

China has declined to purchase U.S. soybeans this year to bolster its negotiating position with the U.S., President Trump charged on Wednesday. The U.S. soybean industry has been raising alarms over China’s refusal to purchase U.S. imports in 2025, rising competition from South America as well as falling commodity prices and rising input costs. “The Soybean Farmers of our Country are being hurt because China is, for ‘negotiating’ reasons only, not buying.” Trump wrote in an Oct. 1 post to...

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