International Trade News – April 11, 2025

U.S. Extends Tariff Moratorium

The White House has announced a 30‑day extension to its 90‑day tariff pause on most imports (excluding China), retaining a uniform 10% duty to allow additional time for bilateral negotiations

EU Launches Retaliatory Tariffs

The European Union has taken its first concrete counter‑measure by imposing 25% tariffs on select U.S. products—including motorcycles, poultry, and fruit—in direct response to Washington’s duties

China Opens New Export Corridors

China unveiled new rail and maritime corridors connecting to Southeast Asia and Europe, aiming to bypass U.S. tariff barriers and strengthen Belt and Road trade routes

WTO Emergency Session

An emergency WTO session was convened to address the rising tide of protectionism. Member states called for the formation of a special working group to mediate the U.S.–China dispute and revive multilateral trade negotiations

Global Markets Steady

Following recent swings, global equity markets have stabilized amid optimism that the extended tariff moratorium and renewed diplomatic efforts will prevent a full‑blown trade war.