Your supply chain team probably hasn’t caught its breath yet, and 2026 is already doing its thing, throwing a multitude of global trade and compliance curveballs.
Trade Policy
Updated Guidance on Steel & Aluminum Duties Effective June 4, 2025
Effective June 4, 2025, Section 232 tariffs on certain steel and aluminum and derivative products increased from 25% to 50% for all countries except the United Kingdom (UK), which remains at 25%. In CSMS # 65236374 and CSMS # 65236645, U.S. Customs and Border...
From Sea to Sky: With Freight Costs Climbing, What’s Your Strategy?
Major container shipping lines are doubling spot rate prices on shipments from China to the U.S. West Coast, aiming to capitalize on the 90-day pause in steep U.S. tariffs on Chinese goods. The rate increase is fueled by a surge in bookings, as importers rush to move...
U.S.-China Reach Agreement to Suspend Key Tariffs
The U.S. and China have agreed to ease recent tariff measures as part of a 90-day pause in their trade dispute, effective by May 14, 2025. Each side will lower tariffs by 115% while keeping a 10% base tariff in place. They will also roll back specific additional...
U.S. Introduces Maritime Fees and Tariffs to Counter China’s Shipbuilding Dominance
The U.S. Trade Representative (USTR) has announced updated measures aimed at countering China’s dominance in global shipbuilding and maritime logistics. Taken under Section 301 of the Trade Act, these actions are intended to strengthen U.S. shipbuilding and reduce...
Temporary Tariff Exemptions on Electronics from China
The U.S. administration announced a temporary 90-day exemption for certain tech products, including smartphones, laptops, memory chips and monitors from the latest 125% tariff on imports from China. However, Secretary of Commerce Howard Lutnick clarified that these...
New Tariff Announcement: 10% Minimum on Imports
This afternoon President Trump announced new reciprocal tariffs on imports from many countries. These tariffs will start at a minimum of 10% but many countries will be at a higher rate. For example, China's rate was announced at 34% and the EU at 20%. You can view the...
25% Tariffs on Imported Automobiles and Parts
During a press conference on March 26, 2025, President Trump announced a new 25% tariff on all imported automobiles and parts, effective April 3rd. The president then signed a proclamation invoking Section 232 of the Trade Expansion Act of 1962. The tariffs will apply...
Tariff Update: 25% Tariff on Venezuelan Oil & Steel and Aluminum FAQs
Recent developments reported by the Wall Street Journal suggest that U.S. administration is considering narrowing the scope of the reciprocal tariffs planned for April 2. The U.S. administration still plans to announce reciprocal tariffs, with some flexibility and...
Tariff Update: Canada Energy Duties & Retaliatory Tariffs
The U.S. Customs and Border Protection (CBP) has issued an update regarding the additional duties on energy and energy resources imported from Canada. Additional guidance is provided around the energy products subject to a 10% additional duty that do not qualify under...