US-China agreement reduces IEEPA reciprocal tariffs from 125% to 10% for 90 days, while other duties remain, impacting import costs and compliance planning....
Asia–US ocean freight expected to surge as tariff pause drives demand spike, tightening capacity, raising rates, and increasing risk of congestion and delays....
Key insights from the 52nd NCBFAA Annual Conference on tariffs, trade compliance, FMC updates, and evolving export reporting and regulatory guidance....
CBP guidance clarifies iron is not treated as a steel component under Section 232 derivatives, affecting reporting rules and customs compliance for importers....
CV International & Capes Shipping Agencies Newsletter | Spring 2025
Newsletters
Every few months, I take a moment here to reflect not only on the state of global trade, but on what makes CV International and Capes Shipping Agencies the kind of partners our customers rely on—espec...
Asia–US freight markets shift amid tariff uncertainty, with weak China volumes, early peak season risk, and disrupted carrier capacity and planning strategies....
Rapid 2025 tariff changes across Section 232, IEEPA and related actions strain importers and brokers, disrupting forecasting, compliance, and planning....
IEEPA reciprocal tariffs on China increased to 84% via Executive Order, raising import costs and uncertainty while maintaining limited in-transit exemptions....
Ninety Day Pause on Reciprocal Tariffs for All Countries Except China
Industry News
IEEPA reciprocal tariffs paused at 10% for most countries, while China rates rise to 125%, creating major uncertainty for importers and customs compliance....
IEEPA reciprocal tariffs set a 10% baseline plus country-specific rates, with exemptions for in-transit goods, Section 232 items, and qualifying US content....