December 17, 2025 | Gava Trade Update U.S. Customs and Border Protection (CBP) announced on December 17, 2025, that it has collected more than $1 billion in duties on over 246 million low-value shipments since the Trump administration began phasing out the de minimis exemption earlier this year. The milestone underscores the scale of revenue […]
Read MoreU.S. Customs and Border Protection (CBP) has issued new guidance implementing tariff-related provisions of the U.S.–Switzerland–Liechtenstein Framework Agreement on Fair, Balanced, and Reciprocal Trade, which was finalized on November 14, 2025. The guidance follows a Federal Register notice released by the Office of the U.S. Trade Representative and reflects updates to reciprocal tariffs imposed under the […]
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 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 MoreUS retailers are easing off post–winter holiday restocking even as they prepare for what is expected to be a strong holiday sales season, with import volumes projected to stay below 2 million TEUs per month through March. The latest Global Port Tracker (GPT) from Hackett Associates and the National Retail Federation, released Friday, forecasts double-digit […]
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 MoreThe latest US-India tariffs are weighing heavily on global air cargo flows. Recent figures show that airfreight volumes from India to the US have dropped sharply, following Washington’s decision to impose tariffs of up to 50% on Indian imports. Air Cargo Volumes Plunge According to data provider WorldACD, air cargo volumes from India to the […]
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