On Sept. 5, 2025, President Trump signed an Executive Order that modifies the scope of Annex II reciprocal tariffs and creates a new trade-deal framework, the PTAAP Annex (Potential Tariff Adjustments for Aligned Partners.) The EO summarizes the changes as follows: The full annex list can be viewed here: Annex II.Goods added (now excluded from […]

On Thursday, September 4, 2025, President Trump signed an Executive Order establishing a baseline 15% tariff on nearly all Japanese imports, including cars, auto parts, aerospace goods, generic pharmaceuticals, and select natural resources not available domestically. For products with a Column 1 duty rate below 15%, the total duty will increase to 15%. If the […]

On August 28, the Office of the U.S. Trade Representative (USTR) announced that it will extend the current exclusions under the Section 301 investigation into China’s technology transfer, intellectual property, and innovation practices. These exclusions, which had been set to expire on August 31, will now remain in effect through November 29, 2025. To read […]

Customs enforcement has intensified significantly, particularly with air shipments. Please see the below guidelines outlining the Air Cargo Advance Screening (ACAS) program and key compliance requirements. As the Importer of Record, it is critical that you ensure your shippers are fully compliant with ACAS regulations. We have observed a notable increase in shipment holds over […]

President Trump has signed an executive order implementing another 90-day pause on additional tariffs on China that were set to take effect this Tuesday.  This extension means headline rates of 30% (10% reciprocal + 20% fentanyl) on Chinese imports and 10% on American goods will continue until at least November 10th to avoid the previously […]

President Trump has issued an executive order modifying tariffs under the national emergency declared in Executive Order 14257 imposing additional ad valorem tariffs on imports from a wide range of countries. Additionally, a separate executive order was entered to increase tariffs on non-USMCA goods coming from Canada from 25% to 35%.    Here is the skinny: […]

An executive order was signed on July 30th, outlining an additional 40% duty for Brazilian imports into the U.S.  A 40% ad valorem duty will apply to most goods imported from Brazil, effective 7 days after July 30, 2025, at 12:01 a.m. EDT. The tariff will apply in addition to existing duties, taxes, and section […]

President Trump has officially postponed the start date of the country-specific reciprocal tariffs from July 9 to August 1 via a new Executive Order. Originally announced on April 2 and paused for 90 days on April 9, these tariffs are now set to take effect at 12:01 a.m. ET on August 1, 2025—unless trade negotiations […]

Today, July 2, 2025, President Trump announced a preliminary trade framework that lays the groundwork for a broader trade agreement between the U.S. and Vietnam. The U.S. will impose a 20% tariff on most Vietnamese imports—down from the proposed 46%. Goods suspected of being transshipped from China, or other nations with “higher tariffs,” will face […]

The U.S. Court of Appeals for the Federal Circuit has officially extended the stay on the Court of International Trade’s May 28th ruling that struck down the IEEPA-based tariffs. This means that U.S. Customs and Border Protection (CBP) will continue collecting both the “fentanyl tariffs” (effective February 2025) and the reciprocal tariffs (effective April 2025) […]

The Trump administration’s proposal to impose fees of up to $1.5 million per U.S. port call on Chinese-built ships has raised concerns about potential supply chain disruptions. While we expect most of this posturing to stoke dialogue and negotiation, the following may occur: The comment deadline is March 24th to submit any written comments to […]

We’re pleased to share that the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have reached a tentative agreement on a new six-year Master Contract. This agreement, subject to ratification by both sides, ensures no work stoppages on January 15, 2025, and highlights a commitment to modernizing East and Gulf Coast ports […]

A labor strike has shut down key ports on Canada’s West Coast, including Vancouver and Prince Rupert, impacting $800 million in daily trade flows. The International Longshore and Warehouse Union Ship & Dock Foreman Local 514 initiated the strike after failed negotiations, halting container movement through these major Canadian ports. About 20% of U.S. trade […]

Due to the current ILA strike, Shapiro will be providing daily morning updates with the latest developments until significant changes arise. We are also closely tracking carrier updates and shipment notices, which can be accessed below. UPDATE: FRIDAY, 10/4 The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have tentatively agreed on […]

The contract for the International Longshoreman Association (ILA) expires on September 30, 2024. While we cannot predict the future, we want to ensure that you are prepared for the possibility of a work stoppage or strike. We outline below some outcomes to consider should this event transpire: Please also note that the U.S. Federal Maritime Commission (FMC) […]

Effective September 3rd, the CBP has announced enhanced Air Cargo Advanced Screening (ACAS) security filing requirements on air shipments from other countries arriving to, or transiting through, the U.S. The new guidelines have been published in an attempt to better identify the parties involved in the air cargo supply chain prior to cargo being loaded […]

After entering an official lockout yesterday, Canada rail operations are expected to resume after the Canadian Government ordered the CPKC and CN to enter binding arbitration. The action came 16 hours after Teamsters’ workers were locked out over the labor agreement impasse. CPKC has not released an official statement, but CN said it would resume […]

As we alluded to in our Flash yesterday, today the Canadian National (CN) and Canadian Pacific Kansas City (CPKC) initiated a lockout of the Teamsters Canada Rail Conference (TCRC), impacting approximately 9,000 workers, including conductors and engineers. There has been no indication of when a resolution might be reached or how long the lockout could […]

This week, both Canadian Pacific Kansas City Ltd. (CPKC) and Teamsters Canada Rail Conference (TCRC) released statements announcing negotiations are far from over. The railroad is declining all intermodal traffic from the U.S. destined for all points in Canada. The Canadian Board has already determined that the stoppages will be allowed to proceed so this […]

It is with a big smile that we share this announcement about the full opening of the Fort McHenry Federal Channel into the Port of Baltimore. As most of you know, Baltimore is back on the booking menu at origin, and we are so happy for the port and for our region! Please click here […]