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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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 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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The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have reached an agreement on a Master Contract, bringing relief to the shipping industry and averting the potential January 15 strike. This agreement, which is now pending ratification, marks a significant milestone in labor relations within the maritime sector. The industry will be…
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An agreed extension between the International Longshoremen's Association (ILA) and the United States Marine Alliance (USMX), negotiated after the three-day strike in early October, is due to expire on January 15, 2025. If this date arrives without an agreed-upon Master Contract, there is the potential for another strike to occur at nearly all US East…
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As we move into 2025, global supply chains face significant uncertainties due to ongoing geopolitical shifts, disruptions in global supply chains, evolving trade policies, and sweeping tariff changes. How could the next administration influence global trade dynamics and what should businesses expect in the coming years? Disruptions in Global Supply Chains The year 2024 was…
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