President Trump has announced new tariffs on steel and aluminum imports on Monday, February 10. If pushed through, importers will be required to pay an additional 25 percent on top of existing steel and aluminum tariffs. Uncertainty remains over prior exemptions for Mexico and Canada, potentially affecting USMCA trade relations. President Trump emphasized reciprocal tariffs,…
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Following perceived systematic challenges in collecting duties, President Trump has paused the Chinese and Hong Kong exclusions from Section 321 through an amendment to the executive order from February 1, 2025. The update clarifies that certain goods may still qualify for duty-free de minimis treatment under U.S. law, but this exemption may be discontinued once…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective February 15, 2025, and March 1, 2025. These GRIs will affect all Canadian and USA destinations. The following amounts are in USD and apply to all freight originating in Asia and the Indian Sub-Continent. February 15, 2025: General Rate Increase – Transpacific Eastbound To all…
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President Trump spoke with Mexican President Claudia Sheinbaum this morning, and Canadian Prime Minister Justin Trudeau this afternoon, with both calls resulting in the postponement of a 25 percent tariff on US imports for one month while negotiations continue. “I look forward to participating in those negotiations with President Sheinbaum as we work toward a ‘deal’…
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The upcoming changes outlined in Docket 2025-1 are set to reshape the landscape of the National Motor Freight Classification (NMFC) system. As the industry pivots towards a more standardized and efficient classification structure, businesses must be proactive in understanding these updates and their potential impacts. Changes in Docket 2025-1 The NMFC Guide is transitioning to…
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On February 1 2025, President Trump issued Executive Orders imposing tariffs on imports from Canada, China and Mexico. These tariffs are effective at 12:01 am Eastern Time (ET), February 4, 2025 with the President invoking authority principally under the International Emergency Economic Powers Act (IEEPA) and referencing section 301 of the Trade Act of 1974. The following tariffs will be in addition…
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One of President Trump's initial actions in office was the release of a memorandum outlining his America First Trade Policy. The policy intends to promote investment and productivity, enhances the Nation’s industrial and technological advantages, defends its economic and national security, and benefit American workers, manufacturers, farmers, ranchers, entrepreneurs, and businesses. A significant takeaway for…
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India's growing need for efficient port infrastructure has been met with the ambitious development of the Vizhinjam International Seaport in Thiruvananthapuram, Kerala. Positioned strategically along the east-west shipping lanes, Vizhinjam is set to disrupt traditional shipping routes and pose a direct challenge to major transshipment hubs like Colombo, Jebel Ali, and Singapore. This article explores…
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The U.S. Customs and Border Protection (CBP) has issued two Notices of Proposed Rule Making (NPRM) aimed at strengthening information collection for low value shipments, also known as de minimis shipments, and making merchandise ineligible due to trade or national security actions. These initiatives seek to enhance the agency’s ability to identify and intercept high-risk…
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The Canada Border Services Agency’s (CBSA) compliance priorities reflect a dynamic, risk-based process designed to address evolving trade and compliance risks throughout the year. The agency’s efforts are focused on targeted verifications and compliance measures to ensure adherence to Canada’s trade laws and regulations. New Compliance Priorities For 2025, the CBSA has identified several new…
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