Escalating military strikes between the U.S., Israel, and Iran have pushed one of the world’s most critical trade corridors into crisis. Following Iranian retaliation and the announcement that navigation through the Strait of Hormuz has been closed, global shipping, energy and containerized cargo alike, is facing severe disruption. What began as targeted military action has…
In a 6–3 decision, the Court ruled that the President does not have authority under the International Emergency Economic Powers Act (IEEPA) to impose tariffs. The administration had relied on that 1977 statute to justify broad “reciprocal” duties and additional tariffs tied to trade deficits and fentanyl concerns. SCOTUS said that’s not what the law…
For businesses that import goods into the United States, understanding how and why U.S. Customs and Border Protection (CBP) conducts audits is essential. CBP audits are not random “gotcha” events. They are a part of routine compliance oversight designed to ensure that importers follow U.S. customs laws and accurately declare goods, values, and duties. Below…
As we move into the second month of 2026, concerns surrounding the global supply chain—and the ripple effects on trader futures and business planning are coming into sharper focus. What once felt like background noise is now moving front and center for importers, exporters, and manufacturers alike. One of the most significant drivers of this…
To our valued customers, As we reflect on 2025, one theme stands out: change arrived fast. The recently published New Tariff Requirements for 2025 by CBP is not only a useful resource but a vivid illustration recapping the dozens of executive orders and Tariff actions that shifted with little notice last year. Importers were asked to make…
Cargo theft across the U.S. supply chain continues to increase, with rail and intermodal freight emerging as a growing target—particularly in and around major Midwest rail corridors. One trend shippers and importers should be especially aware of is container seals being cut, broken, or tampered with while moving by rail, including recent activity reported on…
Milwaukee, WI — M.E. Dey & Co., a leading freight forwarder and customs broker, proudly supported The Hindu Temple of Greater Chicago (HTGC) in Lemont, IL, by facilitating the importation of sacred Kalashas from India for the temple’s recent consecration (Rajagopuram Samprokshanam) ceremony. The Kalashas, which have deep religious significance and are installed at the top…
What is liquidation? Liquidation is CBP’s final computation of duties on an entry. After liquidation, the duty amount becomes “final” unless timely challenged. Typical timing: In the ordinary course of business, CBP liquidates entries at 314 days after entry release, unless extended or suspended (e.g., AD/CVD cases). Correcting unliquidated entries (before liquidation): Post Summary Correction…
For most importers, the past few years have felt like one long balancing act. First came the pandemic shocks. Then the port backlogs, container shortages, geopolitical tensions, and inflation. Just when the world seemed ready for a breather, 2025 arrived with a fresh set of challenges anchored in one central theme: tariffs are back in…
Right now, we are living in the world of artificial intelligence, and so many of us find ourselves wandering in a world of conflicting information, whether AI is the way of the future, or are we in an AI bubble that is on its way to bursting? This year, semi-autonomous freight trucks took to the…