Trump Modifies Reciprocal Tariffs and Establishes Trade Deal Procedures
Impact Score: 3.8
Timeline: Modified Annex II effective September 8, 2025
Summary: President Trump issued an executive order to adjust reciprocal tariffs and create a framework for tailored trade agreements to strengthen U.S. economic and national security. Key changes include adding/removing products from tariff lists, introducing an annex for products eligible for MFN tariff rates upon reciprocal deals, and imposing tariffs targeting countries with unfair trade practices. The order empowers senior officials like the Secretary of Commerce and the U.S. Trade Representative to negotiate deals with multiple partners, aiming to protect domestic industries, reshape supply chains, and incentivize manufacturing and job growth.
Key Actions: Monitor evolving trade policies, evaluate impacts on research and collaborations, align academic programs with trade developments, pursue industry partnerships, and conduct economic impact studies to guide strategic planning and leverage new opportunities in trade and economic policy.
View Full Report
