The United States Trade Representative (USTR) has proposed a series of new service fees and operational restrictions targeting Chinese maritime transport operators and carriers utilizing Chinese-built vessels. If enacted, these measures would impact vessel operators calling at U.S. ports, introducing financial penalties based on vessel ownership, fleet composition, and [...]
On March 11, 2025, the European Union (EU) announced retaliatory tariffs as 25% tariff on steel and aluminum U.S. imports went into effect at 12:01 a.m. March 12, 2025 ending all country-specific quotas and exclusions. These EU countermeasures target approximately €26 billion (around $28.4 billion) worth of U.S. goods and [...]
LATE-DAY ANNOUNCEMENT: ADDITIONAL 50% TARIFF ON STEEL AND ALUMINUM CANADIAN PRODUCTS ON HOLD President Donald J. Trump told reporters at the White House that he 'probably' would not proceed with increasing tariffs on Canadian steel and aluminum to 50%, following the Ontario premier’s decision to roll back a surcharge on [...]
U.S. CUSTOMS BORDER PROTECTION PROVIDES GUIDANCE ON NEW U.S. TARIFFS The United States has announced an increase in tariffs on products of the China and Hong Kong along with the implementation of tariffs on products of Canada and Mexico, effective March 4, 2025. Guidance published by Customs & Border [...]
UPDATED March 3, 2025 Click to read the most current information about these tariffs: https://www.greenworldwide.com/u-s-tariffs-on-china-hong-kong-canada-and-mexico-latest-updates-trade-impact/ The United States has increased tariffs on Chinese imports from 10% to 20% under a new Executive Order signed on March 3, 2025. However, important details remain unclear. The order does not specify whether [...]
UPDATED MARCH 3, 2025 AT 4:28 PM CST: U.S. Customs and Border Protection (CBP) has issued Federal Register Notices detailing tariff implementation for imports from Canada and Mexico, effective March 4, 2025. These notices confirm how goods will be classified under the Harmonized Tariff Schedule (HTSUS) and clarify de [...]
25% TARIFFS ON EUROPEAN UNION IMPORTS ANNOUNCED The White House announced on February 26, 2025, its intention to impose a 25% tariff on all European Union (EU) imports. This decision follows recent U.S. trade measures, including 25% tariffs on imports from China, Mexico, and Canada, as well as the reinstatement [...]
The White House recently initiated a Section 232 investigation into copper imports, citing national security concerns on U.S. reliance of foreign-mined, smelted, and refined copper. The executive order directs the Commerce Department to determine if this dependence is harming domestic copper production and negatively impacting industries necessary to national defense, [...]
LABOR ACTION IMPACTS ROTTERDAM PORT OPERATIONS A labor strike at Rotterdam's Delta II terminal is intensifying, with Dutch union FNV Havens calling for dockworkers in other European ports to refuse handling vessels diverted from the terminal. This action raises concerns about potential cross-border “solidarity strikes,” which could disrupt regional trade. [...]
On February 10, 2025, President Donald J. Trump signed two proclamations—Adjusting Imports of Steel Into the United States and Adjusting Imports of Aluminum Into the United States—reinstating 25% tariffs on all steel and aluminum imports. The move eliminates prior exemptions and alternative agreements, significantly impacting global trade. WHY THE U.S. [...]
