June Carrier & Ocean Freight Update

Port Fees on Chinese-Built Vessels: The Baltic and International Maritime Council (BIMCO), is developing a standard clause to address how ocean carriers will handle new U.S. port fees on Chinese ships, which take effect Oct. 14 and are expected to significantly raise...

50% Tariffs on Steel and Aluminum

President Trump signed a proclamation increasing tariffs on steel and aluminum imports (and their derivative articles) from 25% to 50%, effective June 4, 2025 at 12:01am ET. UK Exception: Imports from the United Kingdom will remain at 25% under the new U.S.-UK...

CBP & USTR Extend Key Tariff Deadlines

CBP Extends In-Transit Tariff Exception Deadline to June 16th U.S. Customs and Border Protection (CBP) has released a new CSMS # 65201773 related to reciprocal tariffs under the International Emergency Economic Powers Act (IEEPA). CBP’s prior guidance was that it...

U.S. Court Blocks IEEPA Tariffs

Yesterday the Court of International Trade (CIT) ruled the International Emergency Economic Powers Act (IEEPA) tariffs are unlawful. The decision blocks tariffs which the U.S. administration used to justify sweeping duties by declaring a national emergency. The duties...
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