
U.S. Announces Trade Deal with China; TPEB Sees Slight Ease in Demand
June 12, 2025: President Trump announces a U.S.-China trade deal pending final approval, while transpacific eastbound demand eases slightly.

June 12, 2025: President Trump announces a U.S.-China trade deal pending final approval, while transpacific eastbound demand eases slightly.

The Court of International Trade invalidates four of Trump's IEEPA tariff orders as transpacific eastbound volumes surge amid a sharp demand spike.

The US and China announce a temporary deal cutting IEEPA reciprocal tariffs on Chinese goods from 125% to 10% for 90 days, as Transpacific services resume.

A new executive order reduces cumulative tariff costs and CBP clarifies Section 232 steel and aluminum rules as China-to-US blank sailings persist.

Blank sailings surge on Transpacific amid tariff turmoil as the USTR releases a revised, less aggressive fee plan for Chinese-built ships, April 24, 2025.

The US-China trade war escalates to historic tariff highs as CBP grants a temporary electronics exemption and Flexport launches its Tariff Simulator.

Trump suspends reciprocal tariffs for 90 days for all partners except China, which now faces a 125% rate, as Flexport launches its Tariff Simulator.

President Trump announces a universal 10% baseline tariff and country-specific reciprocal duties as de minimis ends, reshaping landed costs for importers.