The Trump administration has released a proclamation imposing Section 232 tariffs on imports of medium- and heavy-duty vehicles and parts, and buses.
Here are some of the top stories impacting global supply chains:
There have been two notable tariff developments that importers should be aware of.
Beginning October 14, the United States will begin enforcing the long-awaited Section 301 port-entry fees targeting vessels that are built, owned, or operated by Chinese entities.
President Trump announced in a social media post that all U.S. imports of medium- and heavy-duty trucks will be subject to a 25% Section 232 tariff rate, effective November 1.
President Trump announced the implementation of Section 232 tariffs on lumber, kitchen cabinets, vanities, and other wood products, effective at 12:01 a.m. ET on Oct. 14.
Customs and Border Protection (CBP) has provided more guidance to implement tariff-related elements related to Executive Order (EO) 14346, “Modifying the Scope of Reciprocal Tariffs and Establishing Procedures for Implementing Trade and Security Agreements,” from September 5.
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Here are some of the top stories in global shipping right now.