CBP Issues Guidance for US–UK Economic Prosperity Deal
The CBP guidance outlines entry filing procedures, tariff-rate quotas, and relevant Harmonized Tariff Schedule of the United States (HTSUS) codes.
U.S.-Canada Trade Talks Halted Over Digital Services Tax
The announcement came just hours after the U.S. reported progress in trade discussions with China on rare-earth shipments, with a possible deal on the horizon with India.
CBP Updates Section 232 Aluminum Reporting Guidance for Unknown Country of Smelt and Cast
The new guidance eliminates ambiguity by allowing “UN” to be used instead of placeholder ISO country codes. However, a 200% duty rate applies in this case.
U.S. Expands Section 232 Tariff List to Cover New Products, Including Home Appliances
Home appliances with steel parts will now be subject to higher import taxes. This marks a shift from the initial focus of Section 232 tariffs on raw materials and industrial components to consumer goods.
U.S. Import Freight Rates Continue to Rise Following Temporary China Tariff Reduction
Although tariffs on Chinese imports are still at 30%, the temporary tariff reduction has triggered an increase in transpacific shipping volumes and rates. Conditions now resemble typical peak seasons.
Trump Announces Doubling Steel Tariffs to 50% as of June 4
The announcement comes as Nippon Steel, Japan’s largest steel producer, finalizes a multi-billion-dollar acquisition of U.S. Steel.
U.S. Importers Granted Temporary In-Transit Tariff Relief Until June 16
This measure allows qualifying shipments to avoid additional IEEPA-based tariffs—either through full exemption or a reduced 10% rate—if they were already en route to the U.S. before the tariffs took effect.
U.S. Court of International Trade (CIT) Overturns IEEPA Tariffs, Appeals Court Pauses the Ruling
Now that the U.S. Court of Appeals has paused enforcement of the CIT ruling, CBP is not expected to suspend collection of the IEEPA tariffs until further notice.
EU Tariffs Update: Trump Extends Deadline to July 9 as Trade Talks Continue
This extension offers U.S. importers the opportunity to assess how the proposed 50% EU tariffs may impact their businesses and allows them to make necessary adjustments before any new duties take effect.
Trump Recommends a 50% Tariff on EU Imports Starting June 1
This comes as discussions stall and the 90-day negotiation window nears its July 8 deadline. U.S. importers must now prepare for possible cost increases and supply chain adjustments across a wide range of EU-originating products.
