U.S. President Donald Trump has signed an executive order to offer tariff exemptions on specific industrial exports and chemical compounds to trading partners who agree to new trade deals. This move aims to reorder the global trading system and reduce U.S. trade deficits.

• Over 45 categories are identified for zero import tariffs from "aligned partners."
• The exemptions are set to begin on Monday, August 12, 2025, at 12:01 a.m. EDT/0401 GMT.
• The order covers items such as nickel, gold, certain pharmaceutical compounds, and creates new carveouts for some agricultural products and aircraft parts.