Two new Executive Orders issued on November 4, 2025, update U.S. duty rates on Chinese-origin goods and outline continued suspension of certain reciprocal tariffs, affecting compliance expectations and future import planning. The first Executive Order reduces the...
News & Advisories
Duty Offset for Imports of Automobile Parts
U.S. Customs and Border Protection (CBP) issued guidance on the import adjustment offset applicable to Section 232 duties on automobile parts, following recent Presidential Proclamations and Department of Commerce procedures. The duty offset allows approved importers,...
U.S. and China Reach New Agreement on Trade Issues
President Trump and Chinese President Xi Jinping met in South Korea, where the two leaders reached a preliminary agreement on several key trade issues. The U.S. will lower the tariff on Chinese imports related to fentanyl from 20% to 10% in exchange for China’s...
U.S. Imposes New Tariffs on Heavy-Duty Vehicles and Parts Effective Nov 1
Effective November 1, 2025, the U.S. will impose new tariffs under a presidential proclamation adjusting imports of medium- and heavy-duty vehicles (MHDVs), related vehicle parts, and buses. A 25% duty will apply to covered MHDVs and certain vehicle parts, while a 10%...
Mexico’s New Electronic Declaration Rule Could Cause Delays
Mexico will implement a major customs change on December 9, requiring importers to electronically submit a Manifestación de Valor Electrónica (Electronic Declaration of Value) through the Mexico’s Ventanilla Única de Comercio Exterior Mexicano portal before shipments...
U.S. Signs New Trade Agreements with Southeast Asian Nations
The U.S. signed a series of new trade agreements with Malaysia, Thailand, Cambodia, and Vietnam, aimed at reducing trade imbalances, expanding market access, and strengthening regional economic partnerships across Southeast Asia. The new reciprocal trade frameworks...
Trade Outlook: U.S.–China Framework Could Ease Pressure on Supply Chains
U.S. and Chinese officials reached a preliminary framework for a trade agreement that could pause escalating tariffs and delay China’s rare earth export restrictions. U.S. Treasury Secretary Scott Bessent said the talks, held on the sidelines of the ASEAN Summit in...
Tariff Update: U.S. Escalates Duties on Canadian Imports, Impact Still Unclear
President Trump announced a 10% increase in tariffs on Canadian goods after an Ontario government ad aired during the World Series. It remains unclear which products will be affected. Most Canadian exports to the U.S. remain tariff-free under the USMCA, however, the...
IMO Delays Vote on Global Shipping Net-Zero Framework by One Year
Member states of the International Maritime Organization (IMO) voted to delay by one year the adoption of its global net-zero greenhouse gas framework for shipping. The motion, proposed by Singapore and pushed forward by Saudi Arabia, passed with 57 votes in favor, 49...
New U.S.–China Port Fees Impact Vessel Availability and Trade Routes
The U.S. implemented new port fees targeting Chinese-built and Chinese-operated vessels. Chinese vessel owners and operators calling at U.S. ports now face a $50 per net ton fee, while Chinese-built ships are subject to the greater of $18 per net ton or $120 per...