On August 11, President Trump signed an executive order extending the tariff pause with China, pushing the start of higher rates to November 10.
US And EU Reached A Trade Deal
On July 27, the US and EU reached a breakthrough trade agreement that may have dodged a full-blown transatlantic tariff war. Instead of the steep 30% tariffs previously threatened, most EU imports will now face a reduced 15% rate.
US Imports Could Soon Surge
🚢📦 Is a wave of imports about to hit U.S. ports? Importers and retailers say yes! With a 90-day break in the U.S.–China tariff war, businesses are racing to frontload shipments before the pause ends.
Iran May Close The Strait of Hormuz
🌍⛽ The tension is rising in the Israel-Iran conflict, and all eyes are on the Strait of Hormuz. With Iran’s Parliament voting to close the strait, the stakes have never been higher.
Trump Is Delaying EU Tariffs
President Trump has pushed back the start of steep EU tariffs—again. Originally set for early June, a last-minute phone call with European Commission President Ursula von der Leyen bought the EU until July 9.
U.S. And China Talks Are Starting
After weeks of mounting tariffs and economic strain, U.S. and Chinese officials are finally meeting face-to-face in Switzerland from May 9–12. Could this be the first step toward ending the tariff war?
U.S. Short Sea Shipping
Short-sea shipping in the Great Lakes region can have significant advantages with the volume of freight that passes through.