What is a derivative?A derivative article is a product made from a primary material, such as aluminum cans, steel fasteners, cookware, nails, or furniture. What steel or aluminum derivatives are subject to additional duties under Section 232?On February 10, 2025, the President issued Proclamation 10895 and 10896 on Adjusting Imports of Aluminum and Steel into…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective July 15, 2025, and August 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. July 15, 2025: General Rate Increase – Transpacific Eastbound To all…
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The global trade landscape has been in constant flux since the beginning of 2025. Amid a flurry of executive actions, evolving tariff structures, and high-stakes negotiations, staying informed is more important—and more difficult—than ever. Here's a breakdown of the latest developments shaping US trade policy and its key relationships. Reciprocal Tariff Suspension A major area…
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