What Happened This Month in International Trade (October 2025)
Another busy month in international trade news, here’s the full roundup:
Administration
- President Trump announced that he reached a 1-year agreement with China on rare earth supplies and will reduce fentanyl tariffs by half.
- President Donald Trump signed trade deals with Cambodia and Malaysia. A tariff rate of 19% will remain on Cambodian and Malaysian goods, with some carve-outs.
- President Trump delayed the 25% tariffs on medium and heavy-duty trucks to November 1, 2025.
Customs and Border Protection (CBP)
- CBP published guidance on Section 232 tariffs on timber, lumber, and derivative products.
- CBP will be moving forward with using HAP International’s TRACE ID program, following a successful technical assessment of the program’s shipment-level traceability data it provides.
- CBP agriculture specialists at the Port of San Luis intercepted a pest identified as Osbornellus salsus; it was the first time this species has been identified in the United States.
Bureau of Industry and Security (BIS)
- BIS posted 95 requests for the inclusion of new tariff subheadings under Section 232 tariffs on steel […]



