It’s already decided… the word of the year in maritime shipping is UNCERTAINTY. And with plenty of trade-related questions still unanswered, the challenge is going to continue. To help you navigate what’s currently happening and prepare for 2026, here are three predictions on what shippers can expect from the ocean freight market moving forward. Prediction #1: There Will Be Lasting Impact from Tariffs, Geopolitics, and Shifting Demand Yes, some trade agreements have been finalized, and many “frameworks” have been announced...

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By: Edward H. Kammerer, James LeBrun, Laura Siegel Rabinowitz, Greenberg Traurig On July 28, 2025, the White House announced that the United States and European Union reached a new trade agreement. This new agreement reinstates the zero-for-zero tariff framework originally established under the 1979 Civil Aircraft Agreement, under which aircraft and aircraft parts were exempt from tariffs. The announcement came just days before the Aug. 1 deadline for the Trump administration tariffs to take effect. It was then announced, on Aug....

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By Aaron C. Mandelbaum, David M. Schwartz, Samir D. Varma, Francesca M.S. Guerrero & Scott E. Diamond On November 5, 2025, the U.S. Supreme Court heard oral arguments in a high-profile consolidated appeal challenging whether President Donald Trump lawfully invoked the International Emergency Economic Powers Act (“IEEPA”) to impose tariffs.  The cases challenge two sets of tariffs Trump implemented earlier this year: (1) tariffs against Canada, China, and Mexico in response to alleged inaction on illegal fentanyl trafficking (see Update of February 3, 2025); and (2) sweeping “reciprocal” tariffs...

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The federal government has been shut down for over a month. We previously reported on implications for the Federal Trade Commission’s (FTC) antitrust work here. What does the shutdown mean for the FTC’s consumer protection, privacy, safety, and AI work? For one thing, the FTC may be getting a new commissioner. On October 29, 2025, Bloomberg reported that President Trump plans to nominate Ryan Baasch to serve as a commissioner on the FTC. Baasch is a Republican who has recently...

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On November 5, 2025, the U.S. Supreme Court heard oral argument in Learning Resources, Inc. v. Trump (24-1287), and Trump, President of U.S. v. V.O.S. Selections, Inc. (25-250), cases brought by five importers and by several states challenging the Administration’s reliance on the International Emergency Economic Powers Act (IEEPA) to impose broad tariff measures.  The oral argument lasted nearly three hours with the justices posing pointed questions to both sides.  Three justices were clearly skeptical that IEEPA confers upon the President the power...

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European Parliament prepares to push back on EU-U.S. tariff deal The European Parliament’s trade committee plans to toughen its stance on the EU-U.S. Trade and Tariffs Deal, setting the stage for a potential political fight over how far Brussels should go in accommodating Washington. Meeting on 4 November, the International Trade (INTA) Committee debated its draft report on the July 2025 deal struck between European Commission President Ursula von der Leyen and Donald Trump in Turnberry, Scotland. The agreement caps most U.S. tariffs...

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In this week’s Roar: Where U.S.-China will lead us, the Supreme Court and the IEEPA, a new rush on airfreight from China, don’t expect improvements in the Red Sea (yet), and a new framework for tracking emissions. The impact of the U.S.-China trade war may be worse than most realize. Last week, we covered the start of U.S. port fees on Chinese-linked vessels and the announced 100% tariff on all Chinese imports. And, how China slapped back with its own...

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It was an eventful weekend for trade news. The White House announced new reciprocal trade agreements with Malaysia, Vietnam, Cambodia, and a framework for Thailand, under which these nations will eliminate import tariffs on U.S. goods. Malaysia: President Trump and Prime Minister Anwar Ibrahim finalized a reciprocal trade deal during Trump’s visit to Kuala Lumpur. The existing 19% IEEPA reciprocal tariff on Malaysian goods remains unchanged. Vietnam: The U.S. reached an agreement with Vietnam maintaining the 20% reciprocal tariffs on Vietnamese...

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