Just a few days before the Supreme Court hears arguments on the legality of President Donald Trump’s use of the International Emergency Economic Powers Act (IEEPA) to impose global tariffs, prediction markets are signaling a slightly better-than-even chance that the justices will rule against him. Two separate betting sites — one asking whether Trump will…
President Trump’s tariffs are under a new threat, a legal one, from the nation’s highest court. The U.S. Supreme Court is set to hear arguments whether the president can use the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs on countries globally. Those oral arguments aren’t until November 5, but the White House…
On September 30, 2025, U.S. Customs and Border Protection (CBP) activated a major enhancement in the Automated Commercial Environment (ACE) Portal: the ability for importers to set up Automated Clearing House (ACH) refunds for duty refunds. The long-anticipated update streamlines the refund process, reduces reliance on paper checks, and provides importers with faster, safer access…
On August 29, 2025, the Trump administration formally ended the United States’ de minimis exemption — a nearly decade-old rule that allowed low-value shipments (under $800) to enter the country duty-free with minimal paperwork. What once fueled the rapid growth of cross-border e-commerce is now gone, and the effects will ripple across supply chains, retailers,…
Friday, August 1, President Trump upheld one of his longstanding campaign promises, increasing tariffs on imports from U.S. trading partners worldwide. While Friday was the deadline for countries to reach a deal with Washington, the tariffs don’t officially increase for two more days, until Thursday, August 7. While the official deadline to reach a bilateral…
On June 3, 2025, the Whitehouse announced an increase to the Section 232 Steel and Aluminum tariffs for most countries, and Customs and Border Protection (CBP) provided updated guidance for properly reporting the tariffs for accurate duty assessment. What changes were made to the tariffs? Tariff Increase – On June 3, 2025, in a Presidential Proclamation, the Whitehouse…
In just over a week, on July 9, President Trump is set to reinstate reciprocal tariffs on countries around the world. The president says he’s ready to put letters in the mail to tell countries exactly how much they will be taxed, “We made deals, but I’d rather just send them a letter, a very…
If it feels like trade policy has been changing by the week, you’re not wrong. Since taking office in January, President Trump has wasted no time bringing tariffs back to the center of the conversation—this time in a much bigger way. We’ve seen sweeping new duties on long-standing trade partners, retaliation from around the world,…
In a major legal development for international trade, the U.S. Court of International Trade (CIT) ruled on May 28 that President Trump’s “Liberation Day” tariffs—enacted under the International Emergency Economic Powers Act (IEEPA)—exceeded presidential authority and must be vacated. The ruling stems from consolidated cases V.O.S Selections Inc. et al and The State of Oregon…
CMA CGM has announced a Peak Season Surcharge (PSS) on Transpacific Eastbound lanes, effective May 16, 2025. The surcharge applies to cargo originating from Asia, Bangladesh, India, Pakistan, and Sri Lanka, and destined for the U.S. (excluding Hawaii) and Canada. Surcharge Details: Origin: All Asia (including Far East) Destination: All U.S. Ports (excl. Hawaii)…