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…
Department: Senior Customs Brokerage Specialist Reports to: Customs Brokerage Operations Manager FLSA Status: Exempt Job Type: Full-Time About Us and Our Culture Established 1907, M.E. Dey & Co. has remained a competitor in the Customs Brokerage and Freight Forwarding industry by delivering outstanding customer service, achieved through the cultivation of strong relationships and the strategic use of…
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)…
Tariffs have long been one of the most hotly debated tools in global trade. They can serve as a lever for protecting domestic industries, as a source of revenue, and as a geopolitical weapon. In 2025, tariffs are once again dominating headlines, as President Donald Trump, now in his second term, imposes sweeping trade restrictions…
On April 2, President Donald Trump unveiled a sweeping tariff policy that will affect nearly every U.S. trading partner. Under the new “reciprocal” tariff system, all imports into the U.S. will face a minimum 10% tariff starting April 5, with higher country-specific rates taking effect on April 9. These targeted rates are based on the trade imbalances and barriers each country imposes on U.S.…
President Trump has circled Wednesday, April 2, on the calendar and dubbed it “Liberation Day.” But for importers, exporters, and logistics professionals, it’s shaping up to be a day of high-stakes policy shifts—especially around tariffs. Here’s what we know, what we don’t, and what our customers and partners should keep in mind. What Exactly…
Overall This week, the Drewry composite index increased by 2%. Freight rates between various ports have shown diversity; rates from Rotterdam to New York decreased 2%. Rates from Shanghai to Los Angeles and Shanghai to New York declined by 1%. Drewry expects spot rates to decrease slightly in the coming week due to the increase…