Section 122 Tariffs End as New Section 301 Duties Replace Them Beginning July 24, 2026, the United States will replace the temporary 10% Section 122 import surcharge with new Section 301 tariffs targeting imports from 60 economies based on forced labor enforcement policies. The new tariffs, announced by the Office of the U.S. Trade Representative […]
Read MoreThe Supreme Court IEEPA tariffs ruling has struck down tariffs imposed under the International Emergency Economic Powers Act (IEEPA), reshaping the U.S. trade landscape and raising urgent questions about refunds and replacement trade measures. In a 6–3 decision, the Court ruled that IEEPA does not authorize the President to impose tariffs. The decision affirms the […]
Read MoreSoftening spot rates, weak volume projections and cautious consumer sentiment point to a clear reality for the trans-Pacific container market: the usual pre–Lunar New Year shipping surge is absent in 2026. Market participants say demand ahead of the Lunar New Year, which begins Feb. 17, has been unusually subdued. Chinese factories will still shut down […]
Read MoreA pending U.S. Supreme Court ruling on tariffs imposed under the International Emergency Economic Powers Act (IEEPA) could temporarily reduce U.S. tariff rates — but analysts warn the relief may be short-lived. According to recent analysis from J.P. Morgan, the court’s decision is unlikely to bring lasting tariff relief, as the administration is expected to […]
Read MoreThe United States and Taiwan have signed a historic Agreement on Trade and Investment designed to restore American leadership in semiconductor manufacturing, strengthen national security, and reduce reliance on offshore supply chains. The agreement was signed by the American Institute in Taiwan and the Taipei Economic and Cultural Representative Office in the United States, marking […]
Read MoreU.S. supply chains are continuing their long migration away from China-centered sourcing, and the downstream effects are now showing up in both import patterns and balance sheets. At the same time, container-shipping experts looking ahead to 2026 largely agree on one thing: overcapacity is looming, even if forecasts differ on demand. Below is a consolidated […]
Read MoreContainerized imports into the United States are on track to hit their lowest level in two and a half years this month, with retailers warning that ongoing tariff uncertainty will keep volumes firmly in negative territory well into the second quarter of next year. According to the latest Global Port Tracker (GPT) from the National […]
Read MoreThe end of the year is typically a quiet period for US ocean shipping as retailers wrap up their holiday stocking. But the close of 2025 — and the start of 2026 — is shaping up to be more than just subdued. The industry is facing a deepening downturn with little sign of a rebound. […]
Read MoreThe 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 MoreMajor carriers including Hapag-Lloyd, Maersk, and Zim are slashing costs as freight rates continue to decline across global trade lanes. Executives warn that expenses such as shipbuilding, chartering, fuel, and port labor have risen sharply since the pandemic, pushing unit costs well above 2019 levels. Zim highlighted higher fuel costs, port congestion, and increased dockworker […]
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