Ripple effects from the US–China tariff suspension extend beyond transpacific trade. Spot rates on the Asia-Europe trade lane surged by 60% and capacity is looking tight. Keep reading to find out the latest for June.
A U.S. court has ruled that certain presidential tariffs may be unlawful without Congressional approval. This could impact future trade actions and create opportunities for tariff refunds, adding new uncertainty for importers and logistics providers.
The European Commission and the United Kingdom proposed a new EU-UK Sanitary and Phytosanitary (SPS) Agreement. Understanding these changes is critical for maintaining compliance and ensuring smooth customs clearance.
As trade disputes continue to unfold between the US and China, the ripple effects across global shipping are becoming increasingly clear. This month's market update looks at the latest tariffs and their impact on shipping.
The series of tariffs introduced by President Trump have substantial consequences for UK exporters and shippers. We dive in to the latest challenges and strategies to navigate the impact.