Recent geopolitical tensions affecting the Strait of Hormuz are not directly blocking shipping routes between Asia and the United States. However, the global ripple effects are now significantly impacting Asia–U.S. shipping schedules, transit times, and costs. In simple terms:👉 Ships are still moving — but they are moving slower, arriving later, and facing congestion worldwide. […]
Read MoreU.S. Customs and Border Protection (CBP) has provided a detailed update on the rollout of CAPE Phase 1, confirming that the system will go live on April 20 at 8:00 a.m. ET to begin processing IEEPA tariff refunds. The Consolidated Administration and Processing of Entries (CAPE) tool will operate within the ACE Secure Data Portal […]
Read MoreU.S. Customs and Border Protection (CBP) will officially launch Phase 1 of the CAPE system on April 20, marking a major step forward in the processing of IEEPA tariff refunds. The new tool, called the Consolidated Administration and Processing of Entries (CAPE), will be available through the ACE Secure Data Portal and is designed to […]
Read MoreThe Trump Administration has announced major updates to Section 232 tariffs, introducing new duty structures for steel, aluminum, and copper, while also imposing significant tariffs on pharmaceutical imports. These changes aim to strengthen domestic manufacturing, address national security concerns, and reshape global supply chains. Key Changes to Section 232 Tariffs on Metals The April 2 […]
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