By Susan Kohn Ross, Partner, MITCHELL SILBERBERG & KNUPP LLP Uncertainty and Impact on Compliance Keeping up with the ongoing changes and impact from tariffs continues to be wrought with challenge.  The latest pronouncements on steel and aluminum have not offered improved clarity, only additional questions. Working closely with your trade team is as critical as ever to get assistance in interpreting executive orders and guidance updates by President Trump and Customs and Border Protection. Recap of Steel and Aluminum Tariffs Canada Mexico China/Hong Kong As of...

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Renewed hostilities in the Red Sea mean hopes are fading for container lines when it comes to resuming Suez Canal transits. Yemen’s Houthi rebels launched missile and drone attacks on U.S. warships following American airstrikes in Yemen. The President justified the strikes, saying he’s protecting Red Sea shipping, although experts link them to pressure on Iran. The Houthis also vowed to resume attacks on Israel-linked vessels. MSC CEO Soren Toft continues to reiterate that the Suez Canal remains unsafe, and...

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By Simon Kaye, CEO, JAGUAR FREIGHT Although it’s not getting the same attention as the many new tariffs implemented by the US since President Trump took office, the impact of the threatened fees on Chinese-built ships unloading at US ports will be significant. And despite the simplistic headlines, there is more intention (and maybe even a little bipartisanship) behind the added fees than simply being a way to punish China or create more revenue. Here we’ll explore the nuance and intent...

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After weeks of talk, new tariffs on steel and aluminum imports went into effect on March 12 at 25% on steel and 10% on aluminum. In return, Canada announced C$29.8 billion in counter-tariffs on American goods, and the EU is planning retaliatory measures up to €26 billion on U.S. exports. The escalating conflict has raised concerns among businesses and investors about potential economic instability, with fears of disruptions in supply chains and a broader impact on global markets. President Trump has reignited...

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Tariffs remain the most important story in supply chain. Last week was full of changes and new announcements – click here for an update by Jaguar Freight. Hong Kong-based CK Hutchison Holdings recently announced its intent to sell a 90% stake in the Panama Ports Company, raising concerns about escalating US pressure on Chinese investments. The US has been actively working to limit China’s global influence, such as its Belt and Road Initiative and its control over critical assets like the Panama Canal. The...

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According to US Commerce Secretary Howard Lutnick, tariffs on imports from Canada and Mexico will happen as planned, starting at 12:01 am Tuesday and that the exact details of the tariffs will depend on negotiations. After a 30-day delay from the tariffs’ original start date, US President Trump recently restated his intent to impose 25% tariffs - which are a tax on imports - on its two neighboring countries as a response to what he says is an unacceptable flow...

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