Effective July 24, 2026, certain imports from 60 economies are subject to new Section 301 duties of 10% or 12.5%, depending on the country of origin and available exemptions. 10%: Argentina, Bangladesh, Cambodia, Canada, Ecuador, El Salvador, Guatemala, Honduras, India, Indonesia, Jordan, Malaysia, Mexico, Pakistan, Sri Lanka, Taiwan, Trinidad and Tobago, and the United Kingdom. 12.5%: Algeria, Angola, Australia, […]
Inbox Search for all messages with label Inbox Dear Clients, Please see today’s updates on tariff news. We have provided articles below on each topic for your reference. 25% Tariffs imposed today on goods from Canada and Mexico.10% Additional Tariff imposed today on goods from China—on top of the recent 10% (20% total new tariffs).Agricultural Export Tariffs –
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Dear Clients, As you may know, the TPM 2026 Conference in Long Beach just concluded. While the initial focus of the event was on the post-Chinese New Year (CNY) market, the sudden escalation in the Middle East has fundamentally shifted the global logistics landscape. Below is a summary of the key takeaways and how they
China Reciprocal Tariff (Update) (10 %) – Late on August 11, 2025, the President signed a new Executive Order extending the postponement of heightened China Reciprocal Tariffs for 90 days until November 10, 2025. The current 10% reciprocal tariff remains in effect during this postponement period. U.S. Customs and Border Protection (CBP) has also issued
CHINA RECIPROCAL TARIFFS POSTPONED ANOTHER 90 DAYS Read More »
July 11, 2025 Tariff Extensions President Trump extended the effective date of the country-specific reciprocal tariffs until August 1, 2025, except for China, which already has an extension date of August 12, 2025. U.S. Customs and Border Protection (CBP) issued official guidance (CSMS #65573545) on the extensions on July 8, 2025. Tariff Amendments On July
CBP Updated Guidance: Duties on Imports of Steel/Aluminum Derivatives Effective 12:01 a.m., March 12 Customs and Border Protection (CBP) this evening confirmed that the Commerce Secretary has certified the collection of the 25% import duty on certain imports of steel and aluminum articles and derivatives from all countries, effective 12:01 a.m. ET on Wednesday, March 12. BACKGROUNDOn
U.S. Proposes Port Fees on Chinese-Built Ships and Operators to Counter China’s Shipping Dominance Highlights The U.S. Trade Representative (USTR) made a determination on Jan. 20, 2025, that China’s1 targeting of the maritime, logistics and shipbuilding sectors for dominance is unreasonable and burdens or restricts U.S. commerce and is therefore “actionable” under Section 301 of the Trade Act
$1.5M Port Fee on Chinese Ships Calling US Ports—Shipowners Quietly Exit Hong Kong Read More »
A global trade war raises fears of higher inflation and slower growth. Economists have been bracing for tariffs ever since President Trump won the election last year. But the measures he took on Tuesday against the United States’ closest trading partners far exceeded what they expected, raising the risks of a much more significant blow
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