TRANS-PACIFIC SERVICE ADJUSTMENTS GAIN MOMENTUM IN WEEK 16 Carriers on the eastbound trans-Pacific are accelerating service adjustments in response to evolving trade dynamics between China and the United States. As Week 16 begins, a sharp drop in bookings from China drives a wave of blank sailings, suspended port calls, [...]
The U.S. Department of Commerce (DOC) has launched two national security investigations under Section 232 of the Trade Expansion Act of 1962 to assess whether imported semiconductors and pharmaceutical goods pose risks to the United States’ security and its industrial base. These investigations may result in future trade actions, including [...]
RECIPROCAL TARIFF EXCLUSIONS EXPANDED On April 5, 2025, new U.S. reciprocal tariffs took effect under Executive Order 14257. This order targeted products imported into the U.S. aspart of a shifting global trade policy. These tariffs apply to countries outside the United States-Mexico-Canada Agreement (USCMCA). To clarify the products impacted, [...]
On April 9, 2025, President Donald J. Trump signed an executive order aimed at revitalizing the United States' maritime industry and restoring the nation's maritime dominance. This initiative introduces several strategic measures to bolster the U.S. shipbuilding sector and enhance national security. MARITIME ACTION PLAN (MAP) The order mandates the [...]
April 9, 2025 | In a significant update to U.S. trade policy, the United States has announced a 90-day suspension of reciprocal tariff increases for the majority of its trading partners, while simultaneously raising tariffs on imports from China to 125%, effective immediately. The changes were confirmed in a statement [...]
Week 15 finds global trade in a flurry of activity as U.S. reciprocal tariffs are in effect, China is enacting countermeasures with multiple new customs regulations introducing more challenging compliance requirements for importers. RECIPROCAL TARIFFS BEGIN APRIL 5: WIDE-RANGING DUTIES NOW IN FORCE On April 5, 2025, the United [...]
On Monday April 7, 2025, the United States announced it will impose an additional 50% tariff on imports from China, effective 12:01AM EST, Wednesday, April 9. ADDITIONAL 50% ON CHINESE IMPORTS This action builds on previously enacted tariffs under the International Emergency Economic Powers Act (IEEPA), which include a 34% [...]
China has announced that a 34% tariff will be imposed on all U.S.-origin imports effective April 10, 2025. The decision, issued by the State Council Tariff Commission, follows the United States’ enactment of reciprocal tariffs on Chinese exports earlier this month. The added duties will apply in addition to existing [...]
On April 2, 2025, the White House announced an end to de minimis duty exemptions for goods from China and Hong Kong, effective May 2 at 12:01 a.m. The decision, outlined in a fact sheet, is part of a broader effort to combat the role of Chinese-sourced goods and e-commerce channels in [...]
NEW 10% BASELINE TARIFF TO TAKE EFFECT APRIL 5 Starting at midnight on April 5th, a new baseline tariff of 10% will apply to all goods imported into the United States from countries not part of the USMCA (United States-Mexico-Canada Agreement). Goods from USMCA members—Mexico and Canada—will remain exempt, while [...]
