Pet Industry Articles & Pet Owner Trends | American Pet Products Association Blog

Tariff Update - May 14, 2025

Written by APPA Team | May 14, 2025 3:20:03 PM

While final tariffs and retaliatory actions are still taking shape, everyone in the pet industry shares concerns about how new policies may affect manufacturers, suppliers, distributors, and retailers. APPA wants to be there for our members in any way we can. This is why our regulatory & legal team has compiled recent resources regarding tariffs to help our members. 

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Recent Tariff News 

Agreement in Principle Announced Between the United States and the United Kingdom

On May 8, 2025, the United States and the United Kingdom announced a new “trade agreement”. The Office of the United States Trade Representative has released the Agreements in Principle, which indicate that the terms of trade agreement are still a work in progress and the terms are not all final. (Husch Blackwell Trade Team

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Joint Statement on U.S.-China Economic and Trade Meeting in Geneva

The US and China reached a surprise agreement Monday to significantly reduce tariffs on each other's goods for 90 days, easing trade war tensions and boosting global markets.

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