EU Extends Suspension of US Rebalancing Measures
The EU suspended rebalancing measures on US products without an end date, applying from August 7. Source: EU Official Journal. 777 Sourcing.
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Trade
USTR Sets FY2027 Sugar Tariff-Rate Quotas
USTR announced FY2027 tariff-rate quota allocations for raw cane sugar, refined sugar, and sugar-containing products. Source: USTR. 777 Sourcing.
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Trade
USTR Imposes Forced Labor Tariffs on 60 Economies
USTR imposed Section 301 tariffs of 10 or 12.5 percent on products of 60 economies, effective July 24, 2026. Source: Federal Register. 777 Sourcing.
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Trade Observed
US Goods and Services Trade Deficit Narrows
The US deficit fell to $73.3 billion in June, down from May. Source: U.S. Census Bureau. 777 Sourcing.