by A1 WorldWide Logistics | Mar 11, 2026 | Tariffs, Economic trends, Importing
On March 5, 24 states suedes Su Trump over tariffs imposed under Section 122 of the 1974 Trade Act. Following the Supreme Court’s ruling against President Trump’s IEEPA duties, Trump announced Section 122 tariffs. Section 122 allows levies up to 15% for a 150-day...
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 | Economic trends, Importing, Supply Chain
As the Iran-Israel conflict continues to escalate, global trade can soon see the Iran war disrupting shipping. Iran and Israel have been in a back-and-forth for decades, which has escalated in recent years. More recently, Israel and the US started what President Trump...
by A1 WorldWide Logistics | Mar 11, 2026 | Tariffs, Economic trends, Importing
The international shipping industry could still feel the effects of levies, with President Trump imposing Section 122 tariffs. On February 20, the Supreme Court ruled against Trump’s tariffs imposed under the International Emergency Powers Act (IEEPA). Following 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...
