A federal appeals court ruled on Friday that President Trump exceeded his authority by invoking emergency declarations to impose sweeping tariffs on nearly all U.S. trading partners. This upholds an earlier ruling from a specialized trade court. Judges concluded that IEEPA does not authorize the president to impose such broad tariffs. The ruling emphasized that Congress likely didn’t intend to gra...
Further guidance has been issued on the additional Indian tariffs annouced earlier this month.
The U.S. and the EU have published a long-awaited joint statement on their new trade deal.
International parcel shippers should be aware of the following, which was announced by the CBP.
Here are some of the top stories in global shipping right now.
There have been additional trade announcements impacting de minimis rules, Brazil, copper imports, S. Korea, and Mexico.
There have been significant developments related to trade deals with the EU and India.
With the Trump administration’s August 1 deadline for imposing country-specific reciprocal tariff rates fast approaching, there have been several significant tariff deal announcements this week, including agreements with Japan, Indonesia, and the Philippines.
Following an eventful few weeks of tariff news, here is the current status of duties placed on several key Asian trade partners. The goal of this list is to provide clarification on what tariff amounts have been threatened and what's actually implemented.