First Sale Valuation: CBP Enforces Stricter Compliance Standards

Trade Translation
First Sale Valuation: CBP Enforces Stricter Compliance Standards

US Customs and Border Protection (CBP) has intensified its enforcement of the “first sale” valuation method, emphasizing rigorous adherence to established criteria. The "first sale" principle allows importers involved in multi-tiered transactions to declare the transaction value between the manufacturer and the middleman, potentially reducing import duties compared to declaring the value between the middleman…

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LTL Classification System Overhaul Coming to NMFC

Global News
LTL Classification System Overhaul Coming to NMFC

Effective July 19, the changes outlined in Docket 2025-1 will significantly impact the structure 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…

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A Shift in Tariffs: New Executive Order Redefines Tariff Stacking

Trade Translation, Word from the White House
A Shift in Tariffs: New Executive Order Redefines Tariff Stacking

A recent Executive Order issued by the White House has realigned the application of overlapping tariff authorities, particularly those related to national security—Section 232— and the International Emergency Economic Powers Act (IEEPA). Under the revised framework, the Executive Order preserves the current treatment for auto parts. This means that if a product is subject to…

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6/15 & 7/1 Trans-Pacific Carriers Announce GRI

Market Updates
6/15 & 7/1 Trans-Pacific Carriers Announce GRI

Trans-Pacific carriers have announced a General Rate Increase (GRI) effective June 15, 2025, and July 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. June 15, 2025: General Rate Increase – Transpacific Eastbound To all…

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Court of International Trade Strikes Down Recent Tariffs

Trade Translation, Word from the White House
Court of International Trade Strikes Down Recent Tariffs

UPDATE: 9/4/2025—President Trump is asking the US Supreme Court to review the decision that overturned his use of IEEPA to impose tariffs. While the appeal moves forward, the tariffs remain in effect—leaving importers facing ongoing uncertainty around duty costs, compliance planning, and sourcing strategies. The US Court of International Trade has ruled that President Trump…

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Shifting Guidance on In-Transit Exceptions: What Importers Need to Know

Trade Translation
Shifting Guidance on In-Transit Exceptions: What Importers Need to Know

US Customs and Border Protection (CBP) has released updates to its FAQ section on the application of reciprocal tariffs imposed under the International Emergency Economic Powers Act (IEEPA). The revised guidance clarifies the treatment of in-transit goods and expands considerations for feeder vessel shipments under the reciprocal tariff provisions. FAQs Directly from CBP What is…

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Port Congestion & Service Restructuring Impacting Pakistan’s Trade

Global News, India Center of Excellence
Port Congestion & Service Restructuring Impacting Pakistan’s Trade

Pakistan’s shipping and logistics sector is currently facing multiple operational challenges that are disrupting cargo movement and increasing costs for shippers and consignees. Port Congestion at Port QasimPort Qasim, which had previously remained fully operational, is now experiencing significant congestion. Reports indicate that container gating-in is taking several hours, primarily due to a surge in…

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