Results
Trade Agreement With Vietnam Announced
Vietnam trade deal sets 20% US tariff, up from 10% but below 46%, with 0% US export duties and unclear transshipment rules pending guidance....
Market Update: June 24, 2025
Get the latest ocean freight market update, including Asia–US rate trends, capacity shifts, tariff uncertainty, and key supply chain risks for importers....
Section 232 Unknown Country of Smelt and Cast Update
CBP now requires importers to report unknown smelt and cast origins for Section 232 aluminum, triggering 200% Russia tariffs effective June 28, 2025....
Market Update: June 10, 2025
Stay informed on Asia–US ocean freight trends, rate changes, carrier capacity, and tariff uncertainty to better plan shipping and supply chain decisions....
Section 232 Tariff Doubled by the White House
The White House increased Section 232 steel and aluminum tariffs to 50%, introducing new component valuation rules and updated tariff exemptions....
Reciprocal Tariff Exemption Extended
CBP extends reciprocal tariff exemption deadline for qualifying in-transit imports, giving importers more time to claim relief and ensure compliance...
Section 301 Exclusions Extended
USTR extended Section 301 tariff exclusions on select Chinese imports through Aug. 31, 2025, covering 164 exclusions and solar manufacturing equipment....
CIT Rules Against IEEPA Tariff Actions
CIT rules IEEPA tariffs exceed authority, creating uncertainty for reciprocal and fentanyl duties; Sec. 232 tariffs remain unaffected for compliance planning....
Market Update: May 29, 2025
Asia-US ocean freight update: capacity shortages, rising rates, congestion, and equipment delays impacting supply chain planning and reliability....
Remaining Section 301 Exclusions Set to Expire
Section 301 tariff exclusions are set to expire, potentially restoring 25% duties on China imports and increasing landed costs and compliance risk....
Some Clarity Provided for Exemptions to the Reciprocal Tariffs
CBP clarified IEEPA reciprocal tariff exemptions, confirming only cargo on the final U.S.-bound vessel before April 5 qualifies for in-transit relief....
US-China Tariff Reductions Announced
US-China agreement reduces IEEPA reciprocal tariffs from 125% to 10% for 90 days, while other duties remain, impacting import costs and compliance planning....