by A1 WorldWide Logistics | Mar 11, 2026 | Economic trends, Importing, Supply Chain
International shipping could soon feel the effect of a container ship hit in the Strait of Hormuz. On March 4, the Safeen Prestige vessel was hit by a projectile passing through the strait near Oman. The attack occurred just above the waterline, sparking a fire in the...
by A1 WorldWide Logistics | Mar 11, 2026 | Tariffs, Economic trends, Importing
The Supreme Court ruled against Trump’s tariffs imposed under the International Emergency Powers Act (IEEPA) in a landmark decision. In April 2025, President Trump issued sweeping reciprocal tariffs on all countries importing into the US. Months after the...
by A1 WorldWide Logistics | Mar 11, 2026 | Economic trends, Shipping Logistics, Supply Chain
Navigating the Chinese New Year is essential to consider when shipping during this time of year. Chinese New Year is a 15-day celebration marking the beginning of the year on the lunisolar Chinese calendar. In 2026, the holiday begins on February 17 and finishes with...
by A1 WorldWide Logistics | Mar 11, 2026 | Tariffs, Importing, Shipping Logistics
A recent trade agreement will result in the US lowering Bangladesh tariffs to 19%. On February 9, American adviser Jamieson Greer met with Bangladesh advisor Sheikh Uddin to sign the Agreement on Reciprocal Trade. In addition to lowering the levy from 20% to 19%,...
by A1 WorldWide Logistics | Mar 11, 2026 | Tariffs, Economic trends, Shipping Logistics
The US and India reach a trade deal following a call between President Trump and Indian Prime Minister Narendra Modi. On Monday, February 2, Trump announced that he will lower tariffs on imports from India to 18%. Originally, he imposed levies ranging from 25% to 50%....
