In this week’s Roar: Many new tariffs, a glimmer of stability for global ocean routes, a drop in air cargo volumes, oil prices on the rise again, and how industry leaders can avoid common AI pitfalls. U.S. tariff actions are spiking again. Friday, as Section 122 tariffs expired, new duties of up to 12.5% were slapped on 60 trading partners that account for 99% of U.S. imports. The new Section 301 tariffs are justified as part of policy related to a U.S. forced...

Key Points President Trump’s July 20, 2026, proclamation allows companies that commit to building or expanding U.S. primary aluminum facilities to import a matching quantity of primary aluminum at half the otherwise-applicable Section 232 duty rate. The aluminum onshoring incentive does not reduce Section 232 rates generally — benefits are firm-specific and quantity-limited, and construction on qualifying facilities must begin by January 20, 2029. A companion executive order requires the Secretary of Defense/War and military department secretaries to cease...

On July 23, 2026, the Office of the U.S. Trade Representative (USTR) announced in a Notice of Action its final action in the Section 301 investigation of 60 economies for “their failure to impose and effectively enforce a prohibition on the importation of goods produced with forced labor.”  Under Section 301 of the Tariff Act of 1974, the USTR has made the following determinations: 10 percent is the appropriate rate of Section 301 duties for investigated economies that (i) impose a...

In this week’s Roar: Jumping diesel prices, fragmentation of U.S. tariffs, East Asia’s ongoing dominance, a surge in global air cargo demand, and the impact of constantly reevaluating supply chains. After falling for nine weeks in a row, the U.S. national average for diesel jumped to $4.796 per gallon, up $1.058 in its first increase since May. We can thank the latest flare-up in the ongoing Middle East tensions, which have again pushed oil prices higher. The recent bombings and strong rhetoric...