Flexport’s Global Logistics Update: CBP’s CTPAT rule for foreign importers of record, a Democratic tariff rollback pledge, and softening ocean rates.
Flexport’s Global Logistics Update: CBP’s CTPAT rule for foreign importers of record, a Democratic tariff rollback pledge, and softening ocean rates.
Flexport’s Global Logistics Update: Section 338 Canada duties add about 100 tariff lines, Section 232 probes turn to negotiations, and TPEB capacity peaks.
Flexport’s Global Logistics Update: Section 338 Canada duties face a first court challenge, CAPE Phase 3 expands, and China-U.S. air rates rise.
The FMC just proposed a $200,000-per-voyage fee and import restrictions on Spain over a port access dispute, while solar importers are already getting locked out of new shipments ahead of December’s tariff deadline. Here’s what importers need to watch this week.
This week in global logistics: CBP opens CAPE Phase 3 refund filings; importers and the government clash over the CIT's injunction power; TPEB rates hold at more than 3x pre-conflict levels through Golden Week.
This week in global logistics: Canada's import restrictions take effect, triggering CBP filing rejections; China's tariff cuts await a formal Section 301 review; a new 25-country pact targets steel transshipment through melt and pour disclosure.
Russia Sanctions and Secondary Tariffs Bill Signed Into Law: The bill authorizing tariffs of up to 100% on countries tied to Russian oil purchases or sanctions evasion, which cleared the House last week, is now law. The president signed H.R. 5334 on Sept. 18.
The House passed a bill enabling up to 100% tariffs on 15 countries tied to Russian oil trade and sanctions evasion, CAPE Phase 3 restarts Oct. 6, and September is on pace to be the busiest U.S. import month on record for TPEB.