South Korean carrier HMM cautioned Wednesday that global container shipping faces heightened volatility as tariff grace periods expire and trade negotiations continue. “The expiry of tariff grace periods and ongoing renegotiations are expected to increase market volatility, with regional demand shifts likely to sustain supply chain congestion,” HMM said in its first-half earnings commentary. 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 […]
Read MoreOn August 6, 2025, President Trump signed a new Executive Order imposing a new 25% tariff on Indian imports, effective 12:01 a.m. ET on August 27. The measure is part of a broader U.S. trade strategy in response to India’s continued oil trade with Russia, which the administration sees as a threat to U.S. national […]
Read MoreOn July 31, 2025, President Trump signed a new Executive Order titled “Further Modifying the Reciprocal Tariff Rates”, which increases and restructures U.S. tariffs on imports from a wide range of foreign countries. This action builds on Executive Order 14257, first issued in April 2025, which declared a national emergency due to persistent U.S. trade […]
Read MoreOn July 30, 2025, President Trump signed an Executive Order raising tariffs on a wide range of Brazilian imports to a total of 50%, up from the previous 10%. The action, which takes effect immediately, reflects escalating trade tensions and national security concerns cited by the administration. This announcement comes on the heels of other […]
Read MoreEffective August 1, 2025, the U.S. government has announced a 50% tariff on all imports of semi-finished copper products and intensive copper derivative products. This move, issued by President Trump in a formal Proclamation on July 30, aims to protect domestic industries and adjust trade dynamics for copper-related goods. What the New Copper Tariff Means […]
Read MoreEffective August 29, 2025, President Trump’s latest Executive Order eliminates the de minimis exemption for most commercial imports valued at $800 or less, a move that will significantly impact international shipping and customs practices for businesses and online retailers. What Is the De Minimis Exemption? The de minimis exemption allowed imported goods valued at $800 […]
Read MoreOcean carriers are pulling back capacity ahead of the mid-August end to the 90-day pause on higher U.S. tariffs on Chinese goods. An increasing number of trans-Pacific sailings have been blanked through July, and with most pre-tariff cargo already moving, spot rates are expected to soften through summer. Maritime data from eeSea shows roughly 175,000 […]
Read MoreIn a typical year, the trans-Pacific trade lane would now be entering its busy season for U.S. imports from Asia. But 2025 is anything but typical. Sudden shifts in U.S. trade policy have thrown a wrench into shipping strategies, unsettling importers and exporters on both sides of the Pacific. The crux of the issue lies […]
Read MoreVietnam’s air cargo exports to the United States are climbing at a record pace, driven by U.S. importers shifting sourcing away from China amid rising tariffs and geopolitical tension. A rush to move goods before tariff changes — combined with Vietnam’s expanding manufacturing base — has helped accelerate the country’s air freight growth. Air cargo […]
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