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WHITE HOUSE ANNOUNCES NEW IMPORT TARIFFS EFFECTIVE OCTOBER 1, 2025

WHAT NEW TARIFFS DID THE WHITE HOUSE ANNOUNCE? The White House recently issued a series of public statements via social media outlining new import tariffs effective October 1, 2025. The measures focus on heavy trucks, household furnishings, and branded pharmaceuticals. According to the statements, the following new tariffs will apply: [...]

U.S.–EU FRAMEWORK AGREEMENT IMPLEMENTS TARIFF MODIFICATIONS FOR AUTOMOTIVE, AIRCRAFT, AND PHARMACEUTICAL PRODUCTS

WHAT ACTION DOES THE SEPTEMBER 25 NOTICE IMPLEMENT? On September 25, 2025, the Federal Register will publish a notice from the Department of Commerce’s International Trade Administration (ITA) and the Office of the United States Trade Representative (USTR) implementing tariff modifications under the U.S.-EU Framework on Reciprocal, Fair, and Balanced [...]

U.S. AND U.K. SIGN MEMORANDUM OF UNDERSTANDING ON TECHNOLOGY PROSPERITY DEAL: SUPPLY CHAIN IMPLICATIONS

The United States and the United Kingdom of Great Britain and Northern Ireland have signed a Memorandum of Understanding (MOU) to implement the technology provisions of the U.S.–UK Economic Prosperity Deal. The MOU sets joint priorities in artificial intelligence (AI), civil nuclear energy, quantum technologies, and secure infrastructure. While not [...]

TARIFF RELIEF FOR U.S. IMPORTERS: WHAT THE U.S.–CHINA TRADE ANNOUNCEMENT REALLY MEANS

NEWLY ANNOUNCED 90-DAY TARIFF SUSPENSIONS COULD REDUCE IMPORT COSTS ON CHINESE GOODS—IF COMPANIES MOVE QUICKLY On May 12, 2025, the United States and China jointly agreed to temporarily roll back key tariffs imposed over the past six weeks. While the agreement suspends 24 percentage points of newly added tariffs [...]

NEW U.S.-UK TRADE FRAMEWORK SIGNALS SHIFT IN TRANSATLANTIC TRADE POLICY

On May 8, 2025, President Donald Trump and UK Prime Minister Keir Starmer announced a new U.S.–UK trade framework, marking a significant shift in transatlantic trade policy. The leaders outlined mutual commitments to improve market access, reduce trade barriers, and protect strategic industries. "The deal includes billions of dollars of [...]

CBP CLARIFIES IN-TRANSIT EXEMPTION FOR RECIPROCAL TARIFFS APPLIES ONLY TO OCEAN FREIGHT

U.S. Customs and Border Protection (CBP) has issued a clarification regarding the in-transit exemptions under the new reciprocal tariff policy. In an April 30 update to its IEEPA Reciprocal Tariffs FAQ, CBP confirmed that exemptions from the tariff increases—applicable to goods in transit as of April 5 or April 9—apply [...]

2025-04-30T19:36:00+00:00April 30th, 2025|Uncategorized|

U.S. OFFERS LIMITED TARIFF RELIEF FOR DOMESTICALLY ASSEMBLED AUTOS

PROCLAMATION: U.S. ASSEMBLED AUTOMOTIVES ELIGIBLE FOR SOME TARIFF RELIEF On April 29, 2025, the White House issued a proclamation modifying how Section 232 duties apply to auto parts. Automakers that assemble vehicles in the United States may now apply for a limited tariff offset to reduce their Section 232 parts [...]

SECTION 232 AUTO TARIFF ANNEX RELEASED: KEY DATES AND PRODUCT CLASSIFICATIONS

On April 1, 2025, the U.S. government published the annex to the Section 232 auto tariff proclamation, detailing the specific products subject to new 25% tariffs on passenger vehicles, light trucks, and certain auto parts. The annex outlines key implementation dates and classifications to guide importers, exporters, and compliance professionals. [...]

CBP PROPOSES NEW RULES FOR TYPE 86 ENTRIES

SECTION 321 TYPE 86 SHIPMENTS Customs and Border Protection (CBP) has identified areas for improvement in the management of low-value shipments under Section 321. The Notice of Proposed Rulemaking (NPRM) published on January 14, 2025 outlines significant changes to the de minimis shipment process, specifically impacting Type 86 entries. [...]

2025-01-15T23:21:55+00:00January 15th, 2025|Freight Talk, Uncategorized|

AIR CARGO SURGE: MARKET TRENDS AND PREDICTIONS

Demand for air cargo surged in Asia, the Middle East, and India. The volume spike began in May 2024 driven by the ongoing disruptions in global container shipping. As shippers find it increasingly difficult to secure space on container vessels, they turn to air cargo freight solutions. VOLUMES TRENDING UP [...]

2024-06-14T18:50:08+00:00June 14th, 2024|Freight Talk, News, Shipping News, Uncategorized|
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