The Trump administration on Friday rolled back a broad set of food and agricultural tariffs, easing pressure on grocery prices amid rising concerns about consumer costs. In a late-night executive order, President Donald Trump reversed the “reciprocal” tariffs introduced in April, which the administration had originally argued were necessary to counter trade imbalances threatening national […]
Read MoreThe White House has released a detailed fact sheet summarizing recent trade actions between the United States and China, highlighting major tariff suspensions, export control adjustments, and renewed agricultural purchases. These measures mark one of the most significant bilateral trade de-escalations in recent years and carry major implications for global supply chains, technology exports, […]
Read MoreIn recent months, we have seen a surge of inquiries from importers whose overseas suppliers are introducing the term “mDDP” (modified Delivered Duty Paid) or shifting to “DDP”-type delivery structures. At first glance, these offers seem appealing: duties, taxes, and logistics costs are bundled into one attractive landed price. Yet beneath that simplicity may lie […]
Read MoreThe White House announced on October 26, 2025, that the United States has finalized reciprocal trade agreements with Malaysia, Vietnam, Cambodia, and Thailand, marking a significant step in expanding market access for U.S. exporters across Southeast Asia. Under these new pacts, each partner nation will eliminate or reduce tariffs on U.S. agricultural and industrial products, […]
Read MoreOn September 29, 2025, President Trump issued a proclamation announcing the implementation of Section 232 tariffs on lumber, kitchen cabinets, vanities, and other wood products. The tariffs will take effect at 12:01 a.m. ET on October 14, 2025. Tariff Details and Duty Rates The proclamation sets new global tariff rates on wood imports: 10% global […]
Read MoreOn September 4, 2025, President Trump signed an Executive Order (EO) enacting a newly negotiated U.S.-Japan trade deal. The agreement introduces tariffs on Japanese imports, with broad implications for both countries’ economies. U.S.-Japan Tariff Agreement Highlights Baseline Tariff on Japanese Imports The EO sets a baseline 15% tariff on nearly all Japanese imports. Products […]
Read MoreLimited feeder vessel capacity between Asia’s secondary ports and major transshipment hubs is creating significant disruptions for both Asian exports and inbound shipments from the US and Europe, according to forwarders and carriers. Shippers in Thailand and Indonesia are waiting up to a month to secure space, leading to widespread transshipment delays, rolled cargo, and […]
Read MoreIn a significant development for transatlantic commerce, the United States and the European Union have announced a new Framework on an Agreement on Reciprocal, Fair, and Balanced Trade. This agreement marks a pivotal first step towards reducing trade barriers, enhancing market access, and strengthening the economic relationship between two of the world’s largest markets. For […]
Read MoreNew data from WorldACD suggests that airfreight volumes between the Asia Pacific and the US are showing signs of life, while those headed to Europe have declined. This could be an early indicator of a market rebalancing as the US finalizes new tariffs. For the week ending August 10, chargeable weight from China to the […]
Read MorePresident Trump has issued a new Executive Order delaying China tariffs that were set to take effect at 12:01 a.m. ET on August 12, 2025. The 90-day tariff pause extends the implementation date to November 10, 2025, allowing more time for the U.S. and China to finalize a trade agreement. According to the Executive […]
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