Tariff Updates: Reciprocal Tariffs – Pending Supreme Court Decision: The Supreme Court will review the 10% universal and fentanyl tariffs on Nov 5. Until U.S. Customs and Border Protection (CBP) issues guidance via the Customs Systems Messaging Service (CSMS) or an...
Tariff Updates: Reciprocal Tariff Increases: The U.S. has implemented higher tariffs on imports from various countries, including China, South Korea, and the European Union. These adjustments are part of broader efforts to address trade imbalances and unfair...
Key Dates: 1 October: Section 232 tariffs take effect on pharmaceuticals, heavy trucks, household cabinets/vanities, and upholstered furniture. 4 October: Section 301 vessel fees take effect (starting at $120/container, increasing to $250 by 2028) 5 November: Supreme...
Upcoming Key Dates: Oct. 14: Section 301 vessel fees begin ($120 per container, rising to $250 by 2028). Early Nov.: Possible new Sec. 232 tariffs on lumber, pharmaceuticals, semiconductors. First week of Nov.: Supreme Court oral arguments on IEEPA tariffs. Nov. 29:...
The global trade landscape continues to shift, with significant new tariff measures taking effect that may impact supply chains across industries. Upcoming Key Dates: October 14: Pending a Supreme Court hearing, the IEEPA reciprocal and fentanyl tariff collection may...
Key Tariff Dates: Aug. 31: Section 301 Annex A product exclusions end, meaning goods that were temporarily exempt from tariffs will now face duties. Sept. 1: Section 301 Annex B product exclusions expire, adding more items back under U.S. tariff coverage. Oct. 14: New...
